Investors today have more options than ever when looking to invest in gold. You can stack gold coins, gold gems, gold, buy stocks in companies that hold gold reserves, or invest in gold nuggets. It is up to you which form of investment makes the most sense for you and your financial goals.
Of course, buying raw gold in the form of a nugget is very different from any other form in which you can buy gold. It's important to do your research and try to find a prospector before you go out.
The first thing you want to do is find some mines that are near you that you can trust. Of course, depending on where you live, it may not be nearby, but if possible, you can find some places together and visit them all at the same time.
Now that you've identified some of the mines you're interested in, check to see if they have a phone number or a website. If so, it is easy to see if they are selling gold to individuals directly.
Next, you need to decide which nugget you need. Each nugget is unique, so prices are not uniform. In most cases, the bigger the nugget, the higher the price. It is not common to have a large, intact nugget so you will have to pay more … there is no volume discount here.
The nuggets may not be made entirely of gold; they may be made of other rocks or soil. To see how much gold the nugget actually contains, you need to do a gravity test. This is a simple test to avoid getting caught by malicious people.
This article doesn't explain the exact method of calculating weight, but it's pretty simple and you can find resources online to show you how to do it. All you need is a simple math calculation and a glass of water and string.
Knowing the actual amount of gold in the nugget can help determine if the seller wants a fair price.
To find out how popular a particular mine is, you can go to various forums online that invest in gold bars and listen to those who ask. When someone has had a bad experience, they are usually very happy to tell everyone about it.
Remember, hearing that a good experience is difficult can be difficult. If you want to learn about a good place, you may need to dig a little deeper and ask more questions.
One of the best ways to invest in gold is to find it. A bullion investment mine that can be bought directly. This is a fun way. Even your child can have fun getting into the process. Of course, you still need to use your head to make sure you know what you are doing so you don't get caught, but it's fun to invest.