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Buy Gold and Silver

What kind of gold should you buy?

There are a number of ways to invest in gold:

1. Buy gold mining stocks or gold related equities.
2. Buy gold ETF (exchange traded funds) or gold futures contracts.
3. Buy real physical pure gold.

Of the three, buying real physical gold is the best option. Why?

1. Mining stock investment is complex, requiring a lot of research. Gold mining stocks are generaly volatile and carry big risks. It is also expensive to mine; oil and labor prices can eat into gold mining profits. Each mining company is different and mines have varying degrees of ore grades. There's also the risk due to government and political issues of a country such as the nationalization of mines, taxation and labor issues (strikes).

2. Gold ETF such as GLD generally holds gold to back the equity shares of the fund, and does a good job of tracking gold prices besides allowing you to purchase gold on margin. Leverage can be either good or bad, but if you don't know what you are doing, you can lose a lot of money, so trading futures should be left to professionals. There are also risks in owning these paper gold investments, such as a currency crisis that gains gold value, and makes currencies worthless because of the lost of confidence in them. In hyperinflation, you may end up with a bunch of worthless currency if you are forced to settle your gold investment in paper currency that is rapidly losing its value.

3. Real physical gold provides the best protection against the dangers arising from the global sovereign debt crisis, mitigating the risk of a currency crisis that would hyperinflate the dollar, euro, pound and other major currencies. The best investment in gold is the gold bullion, which generally comes in bars and coins. Buy them from recognized private mints or governments mints. The most popular recognized government minted gold bullion coins are the Unites States Gold American Eagle, the Canadian Gold Maple and the South African Gold Krugerrand. It is also safe to buy Chinese Panda's, Austrian Philharmonics and Australian Kangaroos.

BUY GOLD DINAR AND SILVER DIRHAM

  • Lighter than gold bullion
  • Every e-dinar account is 100% backed by physical gold and silver.
  • Universal currency - no inflation or exchange losses
  • Halal exchange and payment system
  • Spread fee: 1% of spot price for gold, 2.5% for silver, 2% for platinum
  • Storage fee: 1% of average account balance annually
  • Option to exchange e-dinars and e-dirhams into any major national currency
  • Redeem and hold gold dinar and silver dirham in your hands, or store in a secure vault in Dubai.

 

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BUY PHYSICALGOLD DINAR & SILVER DIRHAM

Read about Gold ownership.