• 30 Days
• 60 Days
• 6 Months
• 1 Year
• 2 Years
• 5 Years

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As economic worries persist and the U.S. government engages in policies that are likely to drive up inflation, an increasing number of people are buying gold bars as a hedge against inflation. Gold bars are a great way to own gold, as they are easy to store and transport, have a lower premium than other types of physical gold and are easily converted into currency or goods.

Many starting gold investors begin with one ounce bars because they are relatively inexpensive and can easily be stored in a household safe or lockbox.

The vast majority of one ounce gold bars are made of 24 carat gold. Because manufacturing gold bars is less complicated than other forms of physical gold, such as bullion coins, the premium for gold bars, that is the price over the actual value of the metal, is lower.

If you’re interested in buying one ounce gold bars, there’s a number of ways you can do so. Here’s a few of the best:

Bullion Direct’s Nucleo Exchange can put buyers in direct contact with several dealers, making it a very competitive way of getting a good price on gold bars and other products.

eBay has a vibrant community of online gold dealers. When you participate in online auctions on eBay, there’s a good chance that you may be able to obtain gold bars for discount prices if the dealer is in a hurry to liquidate his or her gold.

While the U.S. Mint does not sell gold bars to individuals, various mints in Switzerland and other foreign countries do, and will sell one ounce bars

Many banks in Europe sell gold bars over the counter. This is not the case in the U.S. If you are on vacation in Europe, you can buy gold in countries like Switzerland and Liechenstein.

The major drawback to buying one ounce gold bars is that their premium will be higher than other gold bars because they’re smaller and require more effort to manufacture. As investors become more acclimated with buying gold, they’ll probably want to buy heavier bars. However, one ounce gold bars are good for small investors, or folks just getting into the market.

When buying one ounce gold bars, make sure you’re doing business with a reputable dealer, insist on proof of authenticity and don’t be afraid to shop around for the best available price. Gold investment in one ounce bars can be a great way for savvy investors to diversify their portfolios with an investment that’s safe and growing in value.

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Each gold investment product has its own advantages and disadvantages, and each can appeal or repel individual investors based on their unique personal circumstances. Knowing which gold to buy is important if you want to successfully invest in gold.

Solid gold bars are a very popular gold investment item right now. This is one of the easiest ways to own actual gold. Gold bars can be bought online or from gold dealers. Almost all gold bars are 24 carat gold, making it easy to keep up with their value. Also, for folks who don’t want the trouble of storing gold bars themselves, gold bars can be bought in allocated and unallocated amounts from banks and other financial institutions, who will handle storage for you.

One of the great advantages of owing gold bars is that they have a smaller premium than gold bullion and are easier to buy and sell. Gold bars are the simplest gold investment available.

Gold coins are another investment option. Numismatic gold coins have collector’s value, plus the value of the metal used in the making of the gold. Coins are a more sophisticated investment than bars, as the buyer must be able to evaluate coins and determine their value based upon a number of factors such as age, condition and scarcity.

Gold stocks are another method of owning gold. If you don’t want the bother of owning physical gold, you can make money from the gold rush by investing in companies related to gold extraction and processing.

There are also a number of other gold investment products that allow investors to reap the benefits of gold without buying the physical product. Gold futures let investors bet on the future prices of gold. Gold ETFs combine the benefits of stocks and mutual funds. ETNs are a bond-mutual fund hybrid. Each of these investment products has its own pros and cons, and investors are advised to consult with a financial planner before purchasing any of these products.

Since 2006, the price of gold has more than tripled. Gold recently shattered the $1,400 per ounce ceiling, and as economic worries continue to plague traders and investors, it remains likely that there’s more room for growth in the price of gold. Because of this potential, gold is a great investment right now.

If you’re interested in buying gold, the best thing to do is research the gold investment product you intend to use very carefully. Due diligence now means not having to cut your losses later.

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The gold standard is essentially backing for paper currency based on gold reserves held by a nation’s central bank or banks

The nation’s currency once was backed by gold and silver reserves until 1900, when the Gold Standard Act was passed. The act called for the value of the dollar to be based on a certain amount of gold, and required that all forms of money issued in the U.S. be maintained at a parity of value with this standard.

Essentially, this made the dollar convertible to about 1.5 grams of gold. The act was intended to stabilize the currency, which had periodically undergone financial crises when it was on a bimetallic or silver standard.

The gold standard stabilized the money supply, but made it tougher for governments to print currency when they needed to pay for wars or sizable government spending plans. During times of war, the gold standard was regularly abandoned. The U.S. abandoned the gold standard twice during World War I, once a full abandonment, and the second time just a ban on using gold for foreign exchange of dollars.

During the Great Depression, every major nation dropped the gold standard, including the U.S. In 1933, the federal government abandoned the gold standard and confiscated gold coins to get people using banks and paper currency again instead of hoarding gold coins and freezing up economic activity.

After World War II, many countries agreed to the Bretton Woods system, which pegged their currency to the dollar, and the dollar to a certain amount of gold. This system was eventually abandoned in the early 1970s by President Richard Nixon, as the costs of the Vietnam War put a strain on the U.S. government and economy. This essentially put an end to any sort of gold standard in the U.S.

Although the gold standard is gone, the U.S. retains sizable gold reserves in Fort Knox and other locations.

There are some benefits and disadvantages to basing currency on a gold standard. Gold standards provide price stability, prevent governments from engaging in excessive deficit spending and work as a check upon inflation.

Gold standards can also contribute toward deflation, retard economic growth and cripple government’s ability to respond to economic crises.

In recent years, gold has been increasing in value as other investments have declined. This has caused some to call for a return to the gold standard. But because of the potential downsides to a gold standard, and the check on government power it would entail, a return to the gold standard is very unlikely.

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Gold has been used as a store of wealth for thousands of years. Early civilizations prized it for its bright color and resistance to corrosion and its malleability. Some of the earliest currencies were based on gold, and very early examples of jewelry were also fashioned from the easy-to-shape metal.

As the years went by and economies became more complex, gold’s long association with wealth and value made it the investment nations and individuals turned to when economic slumps hit. Gold is viewed as a safe harbor, a sure way to safeguard one’s wealth when everything else is tanking.

Even in modern economies, gold has its place as a factor in determining the wealth of nations. Although the Bretton Woods system of the post-WWII era and the later Nixon shock reduced gold’s import to monetary systems, most nations still retain substantial gold reserves.

The onset of the electronic age brought new value to gold. Gold’s high conductivity and resistance to corrosion have made it a key component in many electronic devices, including computers and televisions. Gold’s remarkable properties with regard to conductivity, malleability and corrosion resistance have made it very useful to industry.

Gold is extremely reflective, which makes it useful as a shield for spacecraft and satellites from dangerous solar radiation that may impact their function. Also, gold’s reflectiveness makes it useful in lasers, as the gold is used to focus laser light.

Gold is biologically inactive, meaning that it’s very resistant to bacteria and other microorganisms. This property makes gold extremely useful in the medical field in production of prosthetic body parts. In dentistry, gold is often used for fillings and other applications because of its non-corrosiveness, resistance to bacteria and its easy malleability.

For computers and electronic devices, gold is great because of its conductivity and resistance to corrosion. Gold is often used in connectors because it can provide consistent and reliable connectivity because of the aforementioned properties.

Gold even has applications in glassmaking. Gold can be used as a pigment in glass that will produce a red color. It is also useful in the manufacture of glass for buildings. A tiny amount of gold in glass will help reflect solar radiation, helping cool buildings in the summer. It also helps buildings keep warm in the winter by reflecting heat back inward.

For helmet visors, gold’s reflective properties are also helpful in keeping radiation out of the eyes of astronauts, among others.

As you can see, gold is a very versatile and in demand metal. By investing in gold now, you can reap the benefits of future increased demand for gold.

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Back during the Great Depression of the 1930s and 40s, the government of Uruguay, a small South American country, decided to produce a 5 peso gold coin to commemorate its centennial and to boost its economy. The result was the Uruguay 5 peso gold coin.

The coin bears the face of Jose Gervasio Artigas, a Uruguayan patriot who helped found the country. Artigas fought with Uruguayan patriots to secure their independence from Spain and freedom from domination by larger South American countries.

The reverse of the coin lists the year, commemorates the signing of the Uruguayan constitution and depict’s the coin’s denomination.
The 5 peso coins are made of 24 carat gold, and only about 100,000 of them were ever produced, in 1930 only. Because of their rarity, Uruguayan 5 peso coins are extremely sought after by gold coin collectors.

When purchasing a Uruguayan 5 peso gold coin, you should make sure to deal with only a reputable dealer. While most gold dealers are legitimate, there are others who attempt to pass off inferior or counterfeit gold coins to collectors.

A great way to check out a prospective seller’s credentials is to check the Internet for online forums where posters discuss gold dealers. What you find may be a revelation.

Another way to make sure the gold coin you wish to buy is on the up-and-up is a certificate of authenticity. An certificate of authenticity will give you documentation of the coin’s ownership history and give you proof that the coin you’ve bought is genuine.

Gold and gold coin collecting has become very popular in recent years because of gold’s surge in price. Over the past few years, gold has increased in price nearly threefold. There are few other investments in the current economic climate that can boast such success.

Investors turn to gold as a hedge in times of economic despair and when inflation appears to be ramping up. The last few years have been no picnic, economically speaking, and the monetary polices being pursued by the current administration appear likely to result in increasing inflation rates. For investors looking for a safe place to park their wealth, gold offers tangibility, ease of conversion and near universal acceptance. By diversifying your portfolio with Uruguay 5 Peso gold coins, you can take advantage of this trend and the added value contributed by the scarcity of these unique coins.

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Investing in gold coins has become popular of late as economic worries have sent gold prices upward. Gold tends to have a negative correlation to the overall economy, and when times are bad, the price of gold increases. In addition to the metal value of Mexican gold coins, older Mexican gold coins also have value related to their condition, scarcity and age.

There’s a lot of reasons why you might want to invest in Mexican gold coins, they’re portable, easy to convert into currency and can be easily stored and discretely liquidated, but another reason many investors choose to collect Mexican gold coins is their aesthetic value. Mexican gold coins are some of the most attractively designed gold coins in the world, and a well-preserved coin can fetch a good price because of its gold value and its aesthetic value.

If you’re looking to purchase Mexican gold pesos or Libertads, here’s a few places to start your search:

eBay — Gold coin collectors can often pick up deals on eBay from collectors anxious to quickly liquidate their coins. This requires patience and resolve on the part of the buyer, but with self-discipline good deals can be obtained. Buyers from eBay should be sure to check the track record of sellers to avoid dealing with unscrupulous hucksters, however.

APMEX — The American Precious Metals Exchange is another place where you can purchase Mexican gold coins. The site offers good availability for various bullion and numismatic Mexican gold coins. Premiums for these coins can be a bit pricey, however.

TaxFreeGold.uk — This site has a wide variety of gold coins for sale, including Mexican gold coins. The site frequently has sales on different types of coins, so it pays to check the site periodically for deals. Visitors can order by phone or by a convenient online shopping cart.

Bullion Direct’s Nucleo Exchange — Bullion Direct’s Nucleo Exchange can let you work with many dealers all at one convenient site. The site allows for purchase via credit card, and the ability to peruse the wares of many dealers will help you obtain a favorable price.

Coin shows and auctions — Gold coins collectors can often find the coins they need at coin shows and auctions. This is particularly true if you’re looking for a rare coin. You can find an auction in your area by checking the classified ads of your local newspaper or by checking Craigslist or other online sites.

By checking these sites, you can find competitive rates for Mexican gold pesos and libertads as you begin or add to your collection.

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The truth is that there are a variety of legal and ethical ways to purchase gold products without paying certain taxes.

If you’re living in Europe or America, you know the drain that taxes can have on your investments. Many investors have seen long-awaited and hard-earned profits eroded by the high taxes assessed on stocks, bonds and real estate transactions, among other trades.

Gold has become popular among investors in recent years because it is seen as a hedge against inflation and a weak economy. While other once safe investments have decreased in value since the onset of the global economic crisis, gold has increased thrice over.

If you park your wealth in gold, and then convert it to currency or another commodity later, reducing your tax liability on these transactions should be a major goal, as taxes can eat away at your profits. There are a variety of methods of investment and buying and selling tactics that can help you reduce your tax liability on your gold investment.

For example, when you buy Gold Eagle coins in the U.S. you don’t have to pay sales tax in many locales because the coins are legal tender. The same holds true for Gold Maple Leaves in Canada. However, in some locales sales taxes do apply, so it’s best to know the laws of your city or state when buying Gold Eagles.

If you purchase Gold Eagles from a dealer who is registered with GST, you’ll likely have to pay the goods and services tax or sales tax. However, if you buy online from a private seller, chances are that you won’t have to pay any sales taxes.

If you buy gold products from sources abroad, you may be able to avoid paying taxes. For example, there are many banks in Switzerland and Liechtenstein that allow buyers to purchase gold bars and coins without paying tax on these services.

In Europe, there is a value added tax, or VAT, added to nearly every purchase you make. In some parts of the Eurozone, however, gold is exempted from this tax. By going online and doing a little research, you can find sites quartered in areas where the VAT won’t be applied to your purchase of gold products.

If you’re looking to transfer wealth to your family or loved ones without getting hit with taxes, try gifting them with gold. You can give up to $13,000 per year in gold coins to a recipient without paying any taxes on the gift.

When selling gold, the best way to reduce your tax liability is to consult with a financial planner knowledgeable about gold. A trained professional can direct you to legal methods of eliminating or greatly reducing the tax that you’ll owe on any gold products you sell.

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At the height of it’s power in the 1500s and 1600s, the Spanish empire was an economic powerhouse, with its colonies in North and South America delivering a steady stream of wealth and goods to the mother country. During that time, Spanish gold coinage became widely used as currency by a number of countries.

Spain has long been associated with gold because of the massive amounts of mining done in its colonies in the New World. Spanish gold coins are sought after by investors because of the quality of workmanship that went into their art and because of the popularity these coins enjoy with historically-minded coin collectors.

There are a wide variety of Spanish coins available to collectors and investors. One of the most common is the eight escudo piece, also known as the doubloon, or the piece of eight. In the 1500s, the eight escudo piece contained 27.4680 grams of 22 carat gold. In 1728, the coin weighed 27.0629 grams, and in 1772 the gold purity was reduced to 90 percent.

Spanish doubloons were minted until the mid-1800s. The coins were replaced with a decimal based coinage known as reales in 1859. The very last Spanish doubloons were minted in 1849, although some former Spanish colonies like Mexico and Peru continued to issue the coins. The reale was short-lived and was eventually replaced with a new escudo, and eventually the peseta.

The Spanish gold peseta is no longer the currency of Spain today, as Spain has moved to paper currency like other modern countries, but the Royal Spanish Mint continues to produce collectors’ gold coins and gold euros.

Spanish gold pieces are unique in that so many of them have been salvaged from shipwrecks. Back in the colonial days, Spanish colonies sent many shiploads of gold back to Spain across via the Caribbean and Atlantic. As a result, many of the ships bearing this gold sank. It’s actually estimated that nearly $160 million in gold coins remains in the waters of the Caribbean.

Gold salvaged from shipwrecks has added catchet among investors. If you’re interested in collecting gold coins from shipwrecks, you’ll need to make sure that the coins you’re buying are authentic. Most authentic ship wrecked coins will carry a certificate from the company that recovered the coin.

When buying any numismatic gold coin, be sure to insist on receiving documentation of their authenticity to avoid being swindled by shady operators.

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Gold has increased in popularity in recent years as the rest of the economy is tanked. The reason is simple. Historically, gold has done well in times of economic decline, such as now. Gold tends to have a negative correlation to the rest of the economy, and while that correlation isn’t as strong as it once way, it is still valid.

When deciding whether to buy gold, investors must consider a number of factors in order to make a wise investment.

For starters, you must consider your financial situation. Do you have a lot of assets that you need to invest in a secure economy? Or are you a beginning investor seeking to build value. Gold is probably the perfect investment right now for folks who want to safe guard their wealth, while for folks seeking to build wealth, particularly those who want to build it quickly, a more high-risk, high-reward investment may be more proper.

Gold is most economically bought when it is bought in large quantities. If you plan on buying gold piecemeal, a little at a time, you’ll pay higher premiums. If you can afford to buy in bulk, that’s better because you’ll be able to get your gold at a lower price.

Another factor you need to consider is your knowledge and understanding of the gold market. Even if you have a financial advisor working for you, you need to understand the basics of any stock or commodity you invest in to get the best results from your investment. It’s your money, doing your homework concerning the fundamentals of the gold market and different gold investment vehicles can only help.

If you’re considering investing in gold, research the vehicle you’re using (bullion, bars, stock, coins, etc.) and also learn about the market fundamentals such as the impact of monetary policy and geopolitics on gold.

When deciding whether gold is right for you, you also have to consider which way you think the overall economy is going. If you feel that the economy is soon to improve, chances are that gold isn’t the investment for you, because of its negative correlation to the overall economy. However, if you feel economic conditions are set to decline further, gold is a very wise investment.

For investors concerned about a persistently struggling economy, gold may be a good investment if you research it thoroughly, understand its basic fundamentals, have the money to make a substantial investment and are right about the direction of the economy.

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