Why Invest In Gold  Silver

New to precious metals or  Never bought metals before ?

Gold insures purchasing power into the future and can protect wealth against long term loss of any risky assets. Gold has permanence, heritage, status, and unalterable integrity. Those that understand money own Gold for:

• Wealth Preservation

• Store of Value

• Inflation Hedge

• Portfolio diversification

• Future growth

• Fundamentals

 

All content on this First Avenue Bullion page is  provided for information purpose only. It is not intended as any form of advice, whether legal, accounting, investment, financial, economic or tax. Therefore it cannot be relied upon as such in any way form or shape. To buy or sell any financial instrument including but not limited to stocks, commodities, options, bonds, futures, or bullion. Should you require advice contact a licensed professional. Please note the content on this page is provided without any warranty, express or implied; Your use of this information provide on this page is entirely at your sole responsibility and own risk. In no event will First Avenue Bullion be held liable for any direct, indirect, special, or incidental.

All content on this First Avenue Bullion page is  provided for information purpose only. It is not intended as any form of advice, whether legal, accounting, investment, financial, economic or tax advice. Therefore it cannot be relied upon as as such in any way form or shape. To buy or sell any financial instrument including but not limited to stocks, commodities, options, bonds, futures, or bullion. Should you require advice contact a licensed professional. Please note the content on this page is provided without any warranty, express or implied; Your use of this information provide on this page is entirely at your sole responsibility and own risk. In no event will First Avenue Bullion beheld liable for any indirect, special, incidental or consequential damages arising out of use of the information contained in this website.

That’s all good let us bring you up to speed

 

New buyers are attracted to gold everyday, not only for its beauty, but because gold is the uniquely private, personal, and portable way to hold some real wealth. With the incredible amounts of dollars flowing around the world, it’s no wonder that gold consumption increases every year.

 

As always, a certain amount of that wealth is placed in gold. Gold has always been the private, permanent, and secure way to hold a percentage of your assets.

 

At First Avenue Bullion we provide comprehensive information about gold, platinum and silver with associated  properties, history, costs, and the many forms  these metals are available. We hope to help you make an informed decision about what type(s) of gold suit you best.

 

Let us help you make an informed decision about what type(s) of metal and form is best suited for you.

 

Customers for an example tell us that they want to buy some gold bullion. They are not interested in coins, yet what they see offered everywhere is gold coins. What is that all about?

 

Simply put, this is a misunderstanding of what is bullion. The most common perception is that gold  bars are the most cost effective, and perhaps the only available, form of gold bullion. The same  way of thinking has it that  gold coins are limited in supply, expensive, and perhaps, to some extent, collectors’ items.

 

When  buying gold for gold’s sake, what you are looking for is bullion. Bullion is a recognized weight and fineness of gold that you can purchase for the current price of gold, plus the small percentage costs incurred in refining, fabricating, and shipping that bullion to you.

 

The word ‘bullion’ has a very simple definition: it is simply a refined and stamped weight of precious metal. Our traditional view of gold bullion is the large gold bricks. Do you remember seeing them in the old movies or business news even? And, by the way most of the world’s bullion gold is in the form of refined gold in large bars stored in central banks. These are refined and cast by the various private refiners worldwide, and accepted for delivery’ into major gold markets.

 

These large bars are an efficient way to trade physical gold, are best left in the care of a registered storage facility. However, if you have an actual use for the gold, they can be the most cost effective way to buy it. They are useful, for example, when you make something that requires about 28 pounds of gold as a raw material.

 

However, where you don’t actually use  them, these bars can be costly to liquidate once removed from storage. it is easier to sell the same amount of gold in more convenient and tradable sizes. So smaller bars of gold in sizes  of  1-gram jewelry trinkets up to 32.15 ounce kilogram bars have also been poured by various refiners around the world.

 

These are very popular in the retail gold bullion market worldwide. Buying gold in bar form gives people around the world a way to build wealth without depending on the changing value and acceptance of the local currency. For people everywhere in the world, a gold hoard is a private and permanent hedge against many possible contingencies.

 

In today’s world,  gold bullion coins backed and guaranteed by their issuing government are the most popular form of traded gold. Why is that you ask?

 

Gold coins have been used in trade for thousands of years. The concept of a government-guaranteed measure of gold was what originally gave money’ its power and legitimacy. But with the end of circulating gold coins in the world during the 1930’s, gold lost its link with everyday currency, and people began to think of gold coins as collectible artifacts from our monetary past. Gold coins no longer produced as money, came to be considered something scarce and obsolete.

 

Enter the krugerrand in 1967 from South Africa, which was a Game Changer!! Lets call it innovation at its best through a radical idea in bullion. Government-issued gold bullion in convenient one ounce form, gold coin struck in unlimited quantities, and distributed at the current spot price of gold plus a small percentage. By assigning these coins a nominal face value, their legal tender status avoided the restrictions, duties, and taxes that many countries levy on raw gold bullion.

 

It is South Africans who pioneered a round bullion concept in the form of krugerrand, they were followed by Canadian Maples, Chinese Pandas, and, in 1986, the U.S gold Eagles. Since then, countries such as Australia, Austria, Great Britain, and Singapore have also issued such coins, with varying degrees of success. All these coins have the advantage of guaranteed purity, exact weight, and total liquidity worldwide.

 

If you want possession of bullion gold, your best bet is the guaranteed bullion coins issued by the various world mints. The most gold coin ounces of sold through history remains so far the undisputed champion of the world,  the South African krugerrand. American gold eagles are also popular,  Canadian Maple Leafs,  Chinese Pandas, and Australia’s bullion coins each have much to recommend them.

 

It is more practical and smarter choice to purchase the modern bullion coins, even if purchasing hundreds or thousands of ounces of pure gold. Gold bullion coins in the last twenty years have become the most liquid, divisible, and accepted form of gold bullion worldwide and enjoy a much more favorable spread than bullion bars. Gold bullion coins  are simply the smartest way to buy gold if you are going to take physical possession of the bullion yourself.

 

 

How can I give gold to my children or grandchildren or other heirs ?

 

Coins are probably the most practical as a Gift.

Along with real estate, gold and silver has traditionally been the way to transfer wealth from one generation to the next. However donations or Gifts are subject to tax. Please refer to tax authority for compliance  requirements.

 

On what occasions is gold, platinum, silver an appropriate gift ?

 

All these coins can be given as  wedding gifts, birthdays, graduations, newborns and as a blessing to someone. There is no better start for a couple just getting married, than to receive some gold, platinum, silver as a savings for future use. Bestowing gold coins on new babies is also a popular gift of gold. Possibilities are endless don’t be limited by examples given.

 

Is gold, platinum, silver a good gift for young people ?

 

We think gold, platinum, silver is much better than cash as a gift, in that they have a permanence that paper money doesn’t have; Gold is a better way to save. A gift of gold presents a young person with the idea of savings, a sense of permanent wealth, as opposed to some numbers that simply flow through his or her checking account. Gold has a weight, presence, and brilliance, that distinguish it from other financial assets a person might own. It is a Store of value.

 

 

“Gold is money, everything else is credit” – JP Morgan 1912.  “If you don’t own Gold, you know neither history nor economics.” - Ray Dalio