Cryptocurrencies vs Gold: Which one is best investment in 2018?

Having seen dramatically rise in Bitcoin’s value, people who heard about at that time buy keep side-lines now they were hitting their head with the walls for not buying it when it was first released. Because they missed an opportunity for becoming fast millionaires.

But Do you think that this magical rise of crypto currencies really an indication of true value.

Nowadays people thinking about investing in cryptocurrencies even on this current record prices- Just because of an instability of fiat currencies.

But?

Sure because in fiat money system the central bank has authority to print money and it has its own weakness. Now the hard assets like gold and silver are the most popular investment for intelligent investors because it’s safe against the currency devaluation.

However, it’s also apply on cryptocurrencies but no matters what cryptocurrency stockist told you a virtual token cannot replace as your investment.

Below are the reasons why

11>    Gold is Far different than cryptocurrency and money: 

Fiat money are currency that just a legal tender on paper but it was not built with any physical assets or has no physical value if current got changed.

Cryptocurrencies are having similar thing that there is no tangible value if the market goes done or government make them illegal.

So how can you think about an option against fiat money with another type on non-tangible money that have no physical value.

But when we come hard assets like god and silver then they are globally renowned you can exchange it with any currency in the world. It has its physical value which is eventually growing and never been gone on ground.

2>    Gold and market liquidity:

They value of assets we can calculate in terms of tread for goods, services or other assets.

Gold is the most liquid assets existed in world, you can convert it into cash anytime and anywhere all around the world. There is no border for gold.

But if we think about cryptocurrency in mainstream this is not possible yet.

The reason behind the liquid quality of gold is huge market. According to world gold council the gold ever mined can make a total of $7.8 Trillion.

And we check for cryptocurrency market the total cap is $161 Billion and its whole share of 1170 different cryptocurrencies running around the world.

so if you are investing or buying gold then it’s going to a smart decision.

3>    Sustainability of gold is longer than any currency

If we go and see in past early internet day in 1990s. so many store market boomed with the popularity of internet suddenly disappeared till 2000 with the dot com bubble. And crush in turn give profit to industry giants like google which still leading the market.

Now we can compare cryptocurrencies with this wall street and take a lesson from past for the upcoming future. Because this going to happen with most of cryptocurrencies to a few which going to lead but we cannot say which one at this time.

And again the gold wins here cause it’s in trade from the history we ever read or heard. So if you thinking about Buying golds hurry it’s never late to investing in gold because it’s for forever.

4. Security:

Security is the reason that will always keep you in fear after buying a cryptocurrency because if you go and search for cryptocurrency theft there are regular news in market relate to this.

They cryptocurrency provider still have not such security that cannot be break.

At the other end when your time in bad and your gold get robbed. It that case also you can claim insurance for your gold almost full amount of depository.

In the End Gold wins with 4-0 and if you looking for a healthy investment then don’t hesitate to spending in gold. Here is nice saying by J. P. Morgan.

“Gold is money. Everything else is credit.”

So if you interested in gold then the best way in gold investment to buy gold bars, and hers the reason why.

Purity: when we talk about gold first thing comes in mind is purity and gold bullion Bars has best form of gold for trade.

Umicore and Metalor are both good refiners on the LBMA (London Bullion Market Association).

Purchase: Gold Bullion Bars are available in market in all weight from as little as 1 g and go up to 1kg. the most popular choice among people are 100 Gram Gold Bar because they are perfect fit in most common investment cap.

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5 Tips to Invest in Silver Bullion

Majority of the people all around the world choose to invest in gold and its various forms. They prefer to buy gold jewellery, gold coins, or any other form of gold metal. They consider it the safest investment. But the new trend is changing. The smartest people are those who choose to invest in the silver metal. They prefer to buy silver bars or silver coins. You might not believe but it is a true fact that investing in silver can be the safest way to secure your future. Obviously, there is no guarantee when you choose to buy silver coins or invest in the silver metal in any other profitable way. If you want to treat yourself with all the advantages and benefits offered by the investment in the silver bullion, then you should know the basic details and tips to investing in silver. This article will enlighten you on the same.

1. Have a detailed knowledge about the market before you decide to invest in the same. This knowledge includes the basic know how of the market and how the prices have been fluctuating over time. You should also make sure whether it is the right time for you to invest in the gold and silver market. It runs very differently than the common stock and bond market. Investing in the bond and stock markets is quite different than investing in the silver bullion.

2. You should participate in the effective market research if you are planning to invest in the silver bullion. You will come across a wide range of information on the market performance of the silver metal. You need to filter the information you come across. Not all the information is useful for you. You are advised to follow only the trusted websites to know the current trends in the silver bullion market.

3. Before you decide to invest your money in the silver metal, you should know the various ways in which you can invest in the silver. Some such ways are silver mining companies, silver futures, silver ETFs , silver bullion, and silver coins. Buy silver coins if you want to invest in silver in the safest way. This is the real and most profitable way to start investing in silver as you’ll be saved from the hassles of the paying extra charges of the mining companies.

4. If you are looking to buy silver bars and silver coins, then you should make sure that you buy them from the sellers who sell the silver metal closest to the spot price. The basic idea behind this trick is that you will not have to pay any extra charges and fees.

5. Keep following the market trends and always be on the top of the market. You need to understand a simple fact that there are both good and bad time. Also, there will be times when selling some or all of the silver you have can be much profitable.

Tips to Buy Gold Bullion Coins

Gold and silver has always been the favourite investment avenue for the people. Almost all the investors look for diversifying their portfolio by buying hard asset such as gold and silver. Investment in hard assets can offer wealth protection to the investors and especially investment in gold is considered quite beneficial for long-term performance. 

There are many ways in which you can invest in gold. The retail market is one such way. Another way is when you buy gold bullion online. If you are thinking of buying gold bullion bars or coins then this article can be of great use to you.

We’ll discuss some useful tips to buy gold bullion coins.

Pay attention to the experience and reputation of the bullion dealer

The dealer with whom you intend to buy gold coins should be well-known in the market. Also, he should have the experience of buying or selling gold in the situation of fluctuating markets. The dealers who adhere to the regulations and code of ethics of the bullion market are always worth the trust. So always search for a respected name in the investment industry and especially when it is the hard asset.

Know the real cost of the precious metals

The prices of gold and silver fluctuate on a daily basis. You should be aware of the current price in the market just before making the transaction. This will save you from being cheated by fraudulent dealers and their activities. If you are not aware of the price then there may be chances that you can be cheated in the bullion market.

Beware of the fee/commission involved

You might be charged more due to the addition of commission charges. Generally the commission of the dealers is included in the rates prevalent in the market. Before you decide to buy gold bullion bars, make sure that you have talked about all the hidden charges and fee which can come up at a later stage.

Get the delivery date in writing

You should try to get immediate delivery of the gold bullion coins purchased by you. In any case, if the instant delivery of gold is not possible, you should get in writing the expected delivery date from the dealer. This way you’ll have a written confirmation of the same and you’ll be saved from unnecessary worries.

Keep your identity safe

This is a useful tip for any purchase you wish to carry out in the gold bullion market. Never share your identity and other personal details like the credit card details or bank account details with anyone. This will protect you from theft.

There is always a risk involved

You should know that when you buy gold bullion online you are never away from risk. There is always a trace of risk involved when you invest in gold. Prices fluctuate every day and no one can guarantee fixed returns in the investment market. Learn about investing in gold and then buy gold bullion bars or coins.

5 Easy Methods to Check the Purity of Gold

Gold is one of the most precious metals. The metal is preferred for making jewellery pieces for it is malleable and don’t get tarnished. Gold bullion is considered a great way of investment as it fetches good value in the market. Gold bars and gold coins used for the investment purpose. Even gold jewellery can be sold at the time of crisis. 

So, it becomes important to check the purity of gold. Here are five easy methods to tell if it’s real gold or fake.

Check The Hallmark

Mostly all real gold bullion bars and coins are stamped with a hallmark that notes the karat weight of the jewellery. This stamp is usually found on the clasp of a necklace or bracelet, or on the inner band of a ring. 

The European gold is marked with the gold content expressed as a decimal: ".585" would be 58.5% pure (this is the same as 14 karat gold) and ".999" or "1.000" would be pure gold and thus the same as 24 karat. Sometimes old jewellery items don’t have this stamp but they may be made out of pure gold. 

Nitirc Acid Test

Another test to tell if the gold is real or fake is nitric acid test. You can easily do this test at home. Select an inconspicuous place on the jewellery piece; now using a blade make a tiny mark on the piece of gold. 

Drop a small amount of liquid nitric acid on that scratch. If the gold is fake gold, it will immediately turn green where the acid is. Gold over sterling silver will become milky in appearance while real gold will not react to the nitric acid. If the clear drop of liquid does not change color, it’s real gold. Take necessary precautions (gloves, goggles, proper ventilation, etc.) before dealing with the acid.

The Magnet Test

The magnetic test is the easiest test to do it yourself. You can easily carry the magnet in your pocket. Genuine gold bullion coins will not attract a magnet. Imitation gold and other alloys will attract the magnet. 

Coins can appear to be gold, when in fact the surface is simply gold in look. The magnet would easily detect the underlying metal.

Skin Test

If we wear fake gold, our skin decolorises. For skin test, all you have to do is to hold the gold in your hand for a few minutes. Perspiration on the skin will have a chemical reaction with the gold. Skin will discolor - black or green color - if the gold is not pure. Pure gold will not react with the skin.

Float Test 

Drop your gold item into a vessel filled with water. Gold is a heavy metal, so if your jewellery item is made of pure gold, it will sink. But if it floats, it’s surely fake gold. 

If you have doubts about the purity of gold, you can seek help of jewellers to determine its purity. You can also approach certified consultants to conduct professional tests in order to know the genuine gold weight and purity.

7 Tips For Selling Your Gold Jewellery

Planning to part with your gold jewellery? Selling precious metal like gold can be risky so it’s important to be careful. Keep these tips in mind while monetising your gold ornaments to avoid getting cheated with less than their value.

Get quotes

It is essential to know the worth of gold jewellery that you are planning to sell. Ask for quotations from various buyers or pawnshops. 

Visit various bullion dealers UK shops and collect at least 3 to 4 quotes to compare. This way you can assess the value of the jewellery and settle for the highest price.

Check for purity

If you have hallmarked jewellery, then purity of gold is easy to establish. Weighing your jewellery will help you to assess how much is the value of your ornaments, based on current gold prices.

Retain invoice

You should have the invoice or purchase document with you before you plan to sell gold jewellery. A gold buyer will inquire for the invoice when you go to sell jewellery. 

The details of the piece and purity etc are clearly stated in the bill of purchase, so the retailer won't be in a position to contest.

Check the buyer’s policy  

Before leaving your jewellery with – or shipping your jewellery to – a potential buyer, check the buyer's policy on reimbursement if they lose your gold. Many offer only inadequate liability. Also, document and photograph the ornaments beforehand.  

Know the price of gold 

Before you plan to sell gold jewellery, know the price. You can check the price listed live on various websites. This way you can also decide on the best time to sell the gold. Although it’s very difficult to accurately predict future rises or falls in value. 

The demand of gold is more when the economy is looking shaky, as it’s seen as a safer bet than other forms of investment, such as stocks and shares. 

Where to sell 

You can sell at a reputed jewellery store where you have more chances of getting a fair price (market value) is the highest. As a policy, several gold shops will buyback only those pieces of ornaments which have been brought from them and not that which have been brought from the other outlets even if you posses the bill of the item. 

Pawn shops/ gold buyers are the other option where you can sell your gold jewellery. You need to be careful as these shops often indulge in malpractices and can cheat you. You can also sell your gold online on a trustworthy site. 

Worth of precious stones

In case of gold jewellery like rings, earrings and necklaces set with precious gems you need to find out worth of the entire jewellery item rather than just the value of gold in that. Gold buyers are generally interested only in the value of the metal making up gold items, rather than any precious stones in them or the value of the craftsmanship. 

Gold companies may remove stones from gold jewellery and discard them. High-fashion or branded jewellery may be worth more if kept whole, than if you sell it on for melting. So, consider this while selling gold ornaments. 

If you think you gold jewellery has more value than just the gold in them, are antiques or might be of interest to collectors, get them properly assessed and valued before selling them.

The Secrets Behind How to Buy Gold Online

Have you ever wondered why gold, silver and other precious metals and gem stones are considered as valuables? Jewelleries made from these items are considered as prized possessions by the owners and they treasure and cherish the same for lifetime. Apart from considering them as jewellery, these items are regarded as great assets too. 

This is because, the valuation of gold, silver, diamonds and other precious stones and gems do not depreciate very easily. The financial global market might be hard hit due to various factors, but the valuation of these metals is not much affected. 

Considering this factor, many people look to invest in gold and silver and make safe investments for future. Silver and gold can be bought in bar forms, as paper gold or silver as well as in the form of coins. It depends on the choice and preference of the buyer as in which mode he wants the investment to be made.

If you are interested to buy gold UK or looking to invest in silver bullion coins, here are some tips that you will find to be useful:

Understanding the mode of investment

Gold or silver can be purchased in many varieties. They can be bought in the form of coins, bullion bars or even as paper gold (gold backed IRA account). You must know and understand the variety that is regularly traded by investors and invest in the same. 

If you think that you have some rare coins, those can’t be used for the purpose of trading or investment. The gold coins for sale have to meet certain criteria and conditions. You can also buy gold bullion as it is a preferred mode of investment.

Finding the right gold dealer is important

When you buy gold online, you cannot do it directly. You have to make the purchase through a dealer only. With hundreds of dealers online, it is very important to make the right choice of dealer so that your gold investments are safe and secured. 

There are some places where the prices of gold and silver are low, but make sure that you authenticate the products before purchasing the same.

Invest in small quantities initially

Now that you have made up your mind to buy gold Birmingham or other kinds of precious metals and stones, don’t make haste and make a large investment right at the beginning. Start with a small gold investments first and see how the whole process goes. 

If you find it good and comfortable with great returns, you can always increase your investments. 

Check the fees you need for the investment

While investing in gold via bullion dealers Birmingham, you will have to pay various kinds of fees required for the processing of the investment. Check the markup of the dealer and see if the charges are higher than standard premium value. 

Genuine and legitimate dealers will disclose details of all fees that you pay for making the gold investment. Ask questions and clear you doubt before making the final buying decision. 

In spite of the tips, if you are scared in buying gold online, it is always recommended to seek assistance from an expert. There are many agencies where consultants offer expert advice and tips to people interested in investing in gold and other expensive metals etc. There are many bullion dealers UK, who can be of help as well.  

Why Buying Gold is a Good Investment?

Gold is one of the most expensive metals found in earth. If histories of nations are tracked, there are clear evidences of the fact that the yellow metal played a pivotal role in managing economies of a nation. 

Gold is no longer used in currencies in any part of the world, but the metal is considered for long-term investment plans. In fact gold investment has proved to add great valuation for your property portfolio. For hundreds of years, gold was considered as universal currency. It was later replaced by other currencies. 

Though gold is no longer used as currency, gold investments is still a preferred mode for many people and there are valid reasons for the same.

Mentioned below are some advantages that come with investment in gold:  

It helps in wealth protection

It is needless to say that banking systems and investment plans are at all-time low now. There is turmoil and lack of confidence in the whole economy. People are looking frantically for ways for protecting their property, assets and wealth. 

And investment in gold offers this opportunity excellently to investors. Preserving wealth in the form of gold will always come with significant value. This investment is a low-risk security asset which is sure to take care of the family’s future in hard times.

Offers hedge against inflation

With inflation taking hold, valuation of gold rises automatically. The pricing of gold happens in US dollars. As a result, deterioration in the valuation of dollar will obviously lead to higher rates of gold. 

This is the reason that at the time of inflation, investing in gold is much safer and wiser decision than making cash investments of any kind.

Investment in gold is considered as ultimate insurance

If you are aiming to remain prepared for turbulent times, there is no better way than owning gold as the yellow metal offers ultimate insurance. There is great turmoil in UK and other leading economies of the world. 

And in such a situation, gold offers the ultimate insurance against economic unrest and instability. Gold investment has significant value and this value never depreciates. Owning gold is like having a timeless asset, whose valuation will hardly deteriorate until and unless, there is some real crisis in the world.  

For controlling part of one’s wealth

If you don’t hold gold bullion bars, it means that you don’t own the same. Physical ownership of gold bars and coins help investors in giving ultimate control on one’s wealth. You have true control on your investment and saving with investment in gold. 

You can keep the gold bars or coins in the bank’s safety locker or even at home if you want. Electronic gold or paper gold will not give this opportunity of controlling a part of your wealth with gold investment.

Easy liquidity in times of need

The best thing about gold is that easy liquidity of the same is possible anywhere in the world. You will be able to get cash against gold in almost all parts of the world without any kind of problem. Along with actual cash, universality and liquidity of gold is truly unparallel.

With so many benefits of investment in gold, there is no point in not showing interest in the same. 

Start investing in gold right away and you will have assets for lifetime, even for your future generations.