What type of gold to buy? 5 variants

Genius watching
4 min readAug 31, 2020

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Gold is a precious metal that is extracted from mining ore. Gold deposits are rare all over the world. Most of them are already being developed, and the rest are located in hard-to-reach places. Gold mining is a very labor-intensive and slow process, which gives this metal the status of rare. Gold also possesses unique physical and chemical parameters: anti-corrosion, ductility, and the ability to withstand the effects of chemicals. In addition to durability, it is characterized by excellent electrical conductivity — gold is actively used in the space and aviation industries, in the creation of computer components, etc.

Buying gold as an investment is a stable option that saves money from inflation, devaluation and loss of purchasing power. The production of this metal is becoming more expensive every year, which directly affects the growth of its value. The historical chart of gold quotes in Russia and the world clearly shows the growth trend:

What can you buy?

1. Gold investment coins

Bullion coins and small gold bars are a convenient way to invest in small amounts of gold. By the way, in many countries, including the countries of the European Union, when buying gold investment coins, you do not need to pay VAT.
Still, such coins are in their country at the same time legal tender at their face value. But the real market value of gold bullion coins is determined by their pure gold content plus a premium or premium that may vary from coin to coin and dealer to dealer. Usually the premium is higher for coins with a lower denomination.

2. Gold bars

Gold bars come in a variety of weights and sizes, ranging from 1 gram to 400 ounces (12.5 kg is the international standard for London Good Delivery bars). Small bars include gold bars weighing from 1 g. up to 1000 gr.
Semi-collectible and collectible gold coins

3. Numismatic, antique or rare coins are bought not only for the precious metal they contain, but also for their aesthetic appeal and historical value.

They trade leveraged to the price of gold, which means that their price rises faster than the price of gold itself during its explosive growth (bull market), and they also depreciate more during times of falling metal prices (bear market).
Gold certificates

4. The Gold Certificates of the Perth Mint (Western Australia) is the world’s only government-guaranteed certificate program.

It allows investors to own precious metals in general or numbered accounts. The Perth Mint has the highest AAA credit rating from the S&P agency and is one of the safest and safest ways to own physical precious metals. The program does not charge storage, transportation, insurance or maintenance fees and is one of the cheapest ways to own precious metals. Most investors prefer to keep metals in general accounts, as they are free of insurance and storage fees and you have the option of transferring funds to a numbered account by paying a small fee to produce bullion. Metals are delivered to any country in the world from a numbered account, as well as from a general account, subject to its transfer to a numbered account.

5. Digital gold

Digitalization has come here as well. Digital gold currency, gold grams or e-gold are growing in popularity with investors. At this point in this industry, organizations are self-regulating. The operators of this market are not banks and, accordingly, are not subject to banking legislation, there are concerns about fraudulent schemes in this sector.

The gold token guarantees high liquidity, given that the token provider’s agency, virtual gold LTD, additionally acts as a liquidity dealer. Customers are allowed to buy and promote large quantities of tokens right away through the digital gold market or associate exchanges. Another benefit that should be mentioned is that with digital gold, customers no longer have to think about the opening hours of the nearest business as the service is available 24/7. Liquidity is, therefore, convenient on demand, and purposefully high commissions are consistently charged in the advanced gold market.

The renewed Gold Collection is glad to be documented that the underlying 7,200 GOLD tokens have been properly processed for the amount of 7200 grams of gold, or $ 309,168. The gold bars were purchased from BullionStar and are suitable for a minute vehicle inspection on the live BullionStar website. These tokens will communicate support, support message.

Final Thoughts

Now I have no doubt about the fatefulness of this mission. Gold is an asset that will no longer cause much diminishing returns, but will rise over the years. With this notice in mind, I am confident that virtual gold can achieve its goals and even rise higher in the coming months.

Take a closer look at which funding weaknesses you will select to avoid losses that could be increased by mismanaging funding. Understanding what the advantages and disadvantages are to be exploited can help you count on the potential losses incurred. So interested in investing in gold?

Useful links

➤ Digital Gold — https://gold.storage/home
➤ Whitepaper — https://gold.storage/wp.pdf
➤ ANN — https://bitcointalk.org/index.php?top...
➤ Medium — https://medium.com/@digitalgoldcoin
➤ Facebook — https://www.facebook.com/golderc20
➤ Twitter — https://twitter.com/gold_erc20
➤ Telegram — https://t.me/digitalgoldcoin

➤ BTT username — GZanotti

➤ BTT link — https://bitcointalk.org/index.php?action=profile;u=1970044

➤ MEW — 0xfAAD3A389aa6EB415d63990de6a2A464dba957aA

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Genius watching
Genius watching

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