Why do people buy gold? Some enjoy looking at their gold coins or ingots. Some buy gold as a safe investment. Some buy the paper that represents gold. Some important reason why people buy gold are as a portfolio diversifier, as a hedge against inflation, as a hedge against the declining dollar and as a safe haven in times of instability.
There are many places to buy gold on the internet. A few such places are: BlanchardOnline.com; NWTMint.com; www.AustinCoins.com and Monex. One can compare prices and dealers at Goldprice.org. As you scan online, most dealers will also have an 800 number that you can call. There are also other precious metals such as silver, platinum and palladium available from these same dealers.
Gold can be bought in many forms such as: Gold Bullion, Gold Vienna Philharmonics, Gold American Buffalos, Gold American Eagles, Gold Canadian Maple Leafs and Gold South African Krugerrands.
The South African Krugerrand was first minted in 1967 and is used in South Africa as a medium of exchange, but is also coined to be used by other countries as an investment. It is minted with one troy ounce of pure gold plus some copper alloy to make it sturdier. The Monex company is the leading seller of Gold Krugerrands in the United States.
Goldline offers a free investment kit to help a person get started in investing in gold. Goldline also offers to let you buy with a credit card, but BlanchardOnline discourages people from doing that.
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