Tips for Investing in Physical Gold

Greetings, fellow financial explorers. As we stand on the precipice of economic uncertainty, the allure of gold as a bastion of stability and value beckons. In this guide, we’ll be sharing tips that will help you make smart and secure purchases. Join us as we explore some essential pointers before you take the plunge into the world of gold buying. We’ll be sharing valuable insights to help you make informed decisions and set the stage for a promising future in your investment portfolio.

Average into a Liquid Position

Gold, with its impressive track record, can substantially build wealth over time. Investing $100,000 in physical gold five decades ago would now translate to a staggering 2000% return, amounting to over 2 million dollars. Such prosperity, however, thrives best when gold is viewed as insurance rather than actively traded.

The significance of gold lies not merely in its aesthetic appeal but also in its role as an economic fortress. Amid a world of limitless paper money, gold remains finite. Unlike fiat currencies, which governments can print into oblivion, gold is immune to such manipulation. This inherent value positions gold as an indispensable asset, whether for its beauty or its unwavering economic worth.

Our economy has long leaned on credit for sustenance, but this model isn’t boundless. The unrestrained printing of money will inevitably lead to consequences. To weather this storm, consider securing liquid gold—a safeguard ready for times of crisis, conveniently stored and sold as needed.

The smart path forward involves gradual market entry through regular acquisitions of liquid gold assets. Opt for universally recognized coins, a decision that ensures a reliable investment journey.

Compare the Spot Price of Gold

Knowledge is your ally in the gold-buying adventure. Familiarize yourself with the current spot price of gold and use it as your North Star when navigating through offers. Thoroughly compare prices quoted by different dealers to ensure you’re receiving a fair deal. Remember that premiums and fees can accumulate swiftly, so focus on coins whose values closely align with the spot price.

Gold coins like the Maple Leaf, Austrian Philharmonic, and U.S. Eagle embody tangible investments that represent an ounce of gold. As you enter this realm, anticipate fabrication fees and brokerage charges from dealers before delivery. A sound strategy involves not exceeding 5-6% above the spot price of gold when purchasing bullion from reputable sources.

Opt for Universally Recognized Gold

As you venture into gold investment, remember this important tip: go for gold that’s widely recognized. Steer clear of collector’s coins or commemorative pieces, as they often come with hefty premiums and could prove challenging to sell later. Stick to bullion coins with a minimal premium above the spot price of gold.

Investing in gold holds potential, but smart investors know that recognition matters. As you hunt for the best deals across the globe, keep in mind the importance of worldwide recognition. After all, an investment is only as good as its resale value. Do your research, and you’ll be well-positioned to reap the rewards when the time comes to sell.

Strictly Buy Physical Gold

When it comes to investing in gold, one cardinal rule stands tall: opt for precise types of physical gold. Say no to gold-backed ETFs, futures, and other paper-based investments. While they might seem convenient, they lack the certainty and tangibility of owning actual gold. Gold-backed certificates may disguise themselves as physical ownership, but a careful read of their terms reveals a different story. To truly secure your investment, opt for physical gold coins and bars.

Gold, renowned for its resilience against economic turbulence, demands careful consideration. Avoid the allure of paper promises and invest in tangible, weighty gold bars or gleaming gold coins. Your peace of mind and financial security depend on it.

Look for Reputable Dealers

Buying physical gold bullion demands prudence, and reputable dealers play a pivotal role in this equation. The investment you’re about to make is substantial, and safeguarding it begins with selecting a trustworthy dealer.

Before committing to a purchase, take time to research the dealer’s background. Seek out dealers affiliated with organizations such as the American Numismatic Association (ANA) and the Industry Council for Tangible Assets (ICTA). These affiliations are indicative of a dealer’s commitment to ethical practices and stringent guidelines.

Navigating the realm of gold dealers requires caution. Opt for renowned names in the industry with a track record of trading bullion through ever-shifting market conditions. The ANA’s ethical code is your guide to finding reputable dealers, and their Dealer Directory simplifies the process.

Buy With Cash Only — Never Finance Your Purchases

The foundation of wealth building rests on prudent decisions. Gold investment is no exception. Prioritize saving and intelligent investing over rash speculation or debt reliance. Avoid pitfalls by embracing a savings-driven approach—utilize your savings before banking on potential returns. Regardless of the asset class, this principle remains unwavering: forfeit today’s convenience for tomorrow’s prosperity.

Responsibility in the present promises rewards in the future. This timeless tenet is the cornerstone of an honest, robust economic system for every investor.

Always Maintain a Long-Term Perspective

The wisdom of investing for the long haul is as profound as it is timeless. Heeding the words of Warren Buffet, consider investments that you’d hold steadfastly even in a market freeze. In the investment realm, longevity is your guide, and your commitment to it is paramount.

Investments thrive with time, and none exemplifies this better than gold. Gold’s enduring value triumphs over the erratic fluctuations of fiat currencies. The advice remains clear: invest wisely and consider the long term. Your gold investment, driven by purpose, ensures resilience in any financial climate.

Find Secure Storage

The preciousness of gold extends beyond its value—its safekeeping is equally crucial. Shield your investment from theft or catastrophe by investing in fireproofing and waterproofing your safe. This extra layer of protection safeguards your gold’s worth, ensuring its enduring value.

When entrusting your gold to a storage facility, hold it to the highest security standards. Seek out countries with vaults specifically designed for safeguarding precious metals. In a world where financial security is paramount, choosing the right storage destination is pivotal.

Only Buy Gold You Have Ownership Of

Amid the myriad gold investment options, safeguarding your assets is paramount. Due diligence is essential, especially when selecting storage providers. To ensure ownership, research and verify the capacity of storage companies to pledge or hedge your bullion. Scrutinize terms and conditions to affirm complete ownership over your physical gold investments.

Certain jurisdictions, bolstered by robust private property rights, offer secure havens for precious metals storage outside the confines of traditional banking systems. As you navigate this landscape, prioritize clear ownership. Understanding the stipulations surrounding gold ownership mitigates potential risks.

Store Outside the Traditional Banking System

As gold and silver assets demand protection, choosing a secure storage facility is a decision that requires meticulous contemplation. The trade-off between instant access and anonymity is a crucial consideration that influences your choice of a protective haven.

While banks offer security, they also come with inherent risks. Malfunctions and government intervention can compromise accessibility, imperiling your assets during times of financial turmoil.

To cultivate peace of mind, assert control over your precious metals’ location. Entrust your assets to private vaults that prioritize security and flexibility. These facilities often provide insurance coverage, chain of custody verification, and the option to liquidate or transport holdings on demand. When safeguarding your financial future, private vaults stand unrivaled.

Diversify the Storage of Your Gold

Mitigating risk is the cornerstone of prudent investment. One effective strategy involves diversifying your gold storage across multiple secure vaults in diverse locations. This approach safeguards against unforeseen losses and enhances your financial privacy. Diversification empowers you with multiple avenues to protect your assets today and tomorrow.

Considering various storage options outside the traditional banking system provides you with flexibility and control:

Private Vaults: Favored by those seeking secure and flexible solutions, private vaults offer insurance coverage, chain of custody verification, and swift liquidation or transportation options. The convenience extends to buying or selling gold into fiat currency or cryptocurrency, making private vault storage an all-encompassing solution.

Overseas Real Estate: The escalating tensions within the banking system have prompted investors to turn to international real estate for security. For U.S. citizens, non-rental foreign property remains unreported on taxes, an added advantage. Investing in overseas real estate coupled with gold storage bolsters financial security without undue expenses or reporting obligations.

Know the Laws About Buying and Storing Gold

Navigating financial terrain rests on responsible conduct, and gold investment is no exception. Safeguarding your financial future is a multi-faceted endeavor, and one approach involves setting up offshore trusts. This mechanism adds an extra layer of security to your assets, ensuring a stable financial trajectory.

For U.S. residents, it’s imperative to consult legal professionals before engaging in offshore setups. While these setups offer protection, they come with reporting obligations. Ensuring compliance guarantees your investment’s safety and shields against potential complications. Navigating the intricacies of gold investment—especially with large sums, requires adherence to applicable laws. In such cases, compliance is non-negotiable, a crucial consideration for protecting your substantial physical gold investments.

Now that you’re all set to embark on your journey into the world of gold buying with these savvy tips at your disposal, remember this: It’s more than just crunching numbers; it’s about securing your future and having a valuable asset on your side. So, go ahead and embrace the excitement of the gold rush, and watch your investments shine!


Q : Should I buy physical gold or paper gold?

A : Opt for physical gold for true ownership and security.

Q : How much gold should I buy?

A : The amount of gold you buy depends on your financial goals and risk tolerance. It’s generally advised not to put all your savings into gold but rather diversify your investments.

Q : Are commemorative coins a good investment?

A : Commemorative coins often come with high premiums and can be harder to sell. Stick to bullion coins with minimal premiums for a more solid investment.

Tim Schmidt


Tim Schmidt is an Entrepreneur who has covered retirement investing since 2012. He started IRA Investing to share his expertise in using his Self-Directed IRA for alternative investments. His views on retirement investing have been highlighted in USA Today, Business Insider, Tech Times, and more. He invested with Goldco.