How to buy Gold Certificates online
You might have read our guide on “Why you should invest in gold”.
Now the big question is: “How do I invest in Gold?”. The best answer is to buy a gold certificate. For some reasons stated; below gold certificates appears to be best way of investing in gold because:
1.) Gold certificate allows you to own a fairly large amount of gold (as opposed to normal coins or jewellery) without possessing the physical gold. This is in opposite to traditional way of buying gold, which after you pay the price, you bring the gold to your home or pay for it to be transported.
Well, we all know gold is the most popular precious metals and is favorite target for thieves, robbers or even fraud. So if you need to physically possess (which is of course possible), you need a tight security in your home to make sure it will be not stolen as well as trusting those that will transport it.
It now appears impractical for an ordinary investor to own large amounts of gold. If you have the budget and looking for a convenient way to invest in gold, gold certificates are the best way.
2.) You can liquidate faster when you own a gold certificate. This means that once you decide to sell the certificate for a profit, you can easily transfer the ownership to the new buyer without the hassle of transferring the gold to him/her which is very risky.
3.) You can easily buy gold online using gold certificates. It is impractical to buy gold online and then have it shipped to you, except if you are targeting small amounts of gold coins (like for example for those Ebay traders) than gold bullions.
In the US, way back 1920′s and 1930′s there are gold certificates available however the US Government restrict individuals to possess these certificates during the time of depression. Source: http://en.wikipedia.org/wiki/Gold_certificate
Currently, one the best ways to buy gold certificates online is to visit http://www.perthmint.com.au
It is an Australian based website and which is owned by Western Australian government. At a minimum of $5000 you can start owning gold certificates through their Perth Mint Certificate program. I still have not tried this service , I read it and found it to be worth investing.
I recommend to read more about their services and think very carefully before investing to make sure this is the right gold investment for you.
There are still other ways to invest in gold online such as having a online account and then buy/sell in real time. You will learn that later in this website.