Gold Investing Made Simple
and welcome to Gold Investing
Simplified for 2017. If you are just starting out on
your gold investments or simply want to find out more about
buying/selling gold coins, you will find helpful
information on this site and in my Popular Gold Coins video.
Investing in gold can get
confusing but it doesn't have to be that way. My mission is to
provide you with information that can help you with your gold
investment decisions. Just keep in mind that only you can decide
if investing in gold is right for you. I take no responsibility
for whatever gold purchases you decide to make.
won't find a sales pitch for buying gold from me here
since I no longer sell precious metals. I want you to benefit from
my experience in selling gold and silver coins for one of the
oldest, most reputable precious metal dealers in the USA.
Is 2017 The Breakout Year For Gold?
No one can say
for sure. But gold did manage to make a small gain in 2016,
ending the year at $1150.90 versus $1061.00 year-end 2015
(+$89.90/+8.47%). Considering the powerful sources at work
dedicated to keeping the gold price low (and therefore
unattractive to the investing public), this is a small victory.
Many gold experts say gold prices have much further to go from
the current spot gold price
seen at right.
If you have been keeping track of gold prices, especially since
gold ownership was again allowed for U.S. citizens in the mid
70's, you know it has been quite a bumpy ride. In 1980
gold spiked up to $850 per ounce before beginning a long trend
down (note the 2000 year-end closing price below). In 2011 gold
flirted with $1900 before dropping back in
consolidation. During 2016, the high for an ounce of gold was
$1365.40 while the low was $1061 (on 1/1/2016). There are no
sure things in life but having a small portion of your total
assets in gold continues to be a recommendation of a number of
YEAR END CLOSING PRICES
Copyright © 2008-2017
More Gold Investment Articles To Follow
If you are presently a gold
investor or soon-to-be investor, come back again. I have
more articles planned for the future. My goal is to make
this site and its sister site, Silver Investing Simplified, to be among
the most useful Gold
& Silver investing sites on the Internet.