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Gold Investing Made Simple

Hello 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. 

You 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?

[Most Recent Quotes from www.kitco.com] 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 financial analysts.

YEAR END CLOSING PRICES

 2000….$273.60,   2001….$279.00,    2002….$348.20,
2003….$416.10,   2004….$438.40,    2005….$518.90
2006….$638.00,   2007….$838.00,    2008….$889.00
 2009....$1096.50,  2010....$1421.40,   2011....$1566.80 
2012....$1675.20, 2013....$1205.50,    2014....$1182.90
2015.....$1061.00, 2016....$1150.90

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.



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