Common gold & silver pitfalls to avoid

By James Anderson, Managing Director of one of the world’s largest gold and silver bullion dealerships:

Investing in gold and silver may seem simple and straightforward, however it is not. Knowing what not to do when investing in gold and silver is just as important (if not more important ) than knowing what to do.

Within our industry you will find many good honest professionals and organizations, but you will also find some bad outfits whose practices can be described as underhanded, even criminal.

My goal in writing this article is to give you a short tutorial on the many gold and silver investing pitfalls out there, so you can avoid them right away.

In this extensive article, Anderson covers a wide range of must-know investing topics, including:

  1. The Bait & Switch
  2. Numismatic, Collector, & Semi-Numismatic Coins
  3. The Confiscation Con
  4. Spokesman, Radio, & Television Advertisements
  5. Leverage Accounts
  6. Gold Exchange Traded Funds, Gold ETFs + Silver Exchange Traded Funds, Silver ETFs
  7. Silver & Gold Pools / Certificates
  8. Futures & Options
  9. Gold & Silver Mining Stocks or Bullion?

And much more…

Read the full article on resourceinvestor.com

Photo courtesy of resourceinvestor.com