Don't Fall for Gold IRA Scams: Find Out How Coins Are Calculated & What to Look for When Buying Gold
0:00 - Intro 0:37 - What is the Spot Price? 1:18 - How is the Spot Price Determined? 2:27 - Dealer Spot Prices on Website 2:50 - Coin Premiums 3:10 - Premium Examples 3:35 - Supply & Demand Factor 4:09 - BEST ADVICE for Premiums 5:31 - Dealer Spreads 7:20 - Recap 8:11 - Warning Against Shady Dealers In this video, I'm going to explain to you how physical precious metals coin prices are calculated, what the spot price is, what the bid and ask prices are and how you can use this knowledge to your advantage to make sure that you get the best deal when buying physical precious metals. If you're thinking about investing in gold or silver, then you need to be aware of the Precious Metals Gold and Silver IRA scams that are out there. We'll show you how coins premiums are calculated and arm you with the basics you'll need to engage with gold and silver companies to buy your physical metals. If you or someone you know has been scammed by precious metals dealers, please contact me at redcoatintheusa@gmail.com and I'd be happy to help you reach the correct agency to file a formal complaint. These companies have gone unchecked for far too long and it's time we take action! #gold #goldira #silver #silverira #preciousmetals...(read more)
LEARN MORE ABOUT: Precious Metals IRAs
HOW TO INVEST IN GOLD: Gold IRA Investing
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REVEALED: Best Investment During Inflation
Investing in gold is a great way to diversify your retirement portfolio and protect your savings from inflation. Unfortunately, there are many gold IRA scams that can leave you with a worthless investment. Before investing in a gold IRA, it’s important to understand how coins are calculated and what to look for when buying gold. When investing in gold, coins are calculated by the Troy ounce. A Troy ounce is equal to 31.1 grams, which is about 10% more than the standard ounce. Many gold coins are sold in fractional sizes, such as half-ounce, quarter-ounce, and tenth-ounce coins. It’s important to understand the size of the coin you are purchasing, as well as the current spot price of gold. When buying gold, it’s important to look for reputable dealers. Do your research and look for dealers with a good reputation and positive reviews. Make sure the dealer is registered with the U.S. Mint and the Better Business Bureau. You should also ask for references and check with the local consumer protection agency to make sure there are no complaints against the dealer. It’s also important to make sure the gold you are buying is pure. Gold coins are usually stamped with a purity rating, which should be at least 99.5%. Be wary of gold coins that are not stamped or have a lower purity rating. Finally, make sure you understand the fees associated with gold IRA investments. Some dealers may charge high commissions or hidden fees. Make sure you understand all the fees before investing. By understanding how coins are calculated and what to look for when buying gold, you can avoid gold IRA scams and make a sound investment. Do your research and make sure you are dealing with a reputable dealer before investing. https://inflationprotection.org/dont-fall-for-gold-ira-scams-find-out-how-coins-are-calculated-what-to-look-for-when-buying-gold/?feed_id=74768&_unique_id=63feea7490554 #Inflation #Retirement #GoldIRA #Wealth #Investing #bestgoldbackedira #buyinggold #buyingsilver #coinprices #GoldBullion #goldinvesting #goldira #goldiracompanies #goldirainvesting #goldirainvestment #goldirarollover #goldirarollovers #goldprice #howtobuygold #howtobuysilver #investingingold #PhysicalGold #PhysicalSilver #preciousmetals #preciousmetalsira #selfdirectedira #silverbullion #silvercoins #silverira #silvermarket #silverprice #Silverprices #spotprices #transferofgoldira #wallstreetsilver #whatisagoldira #GoldIRA #bestgoldbackedira #buyinggold #buyingsilver #coinprices #GoldBullion #goldinvesting #goldira #goldiracompanies #goldirainvesting #goldirainvestment #goldirarollover #goldirarollovers #goldprice #howtobuygold #howtobuysilver #investingingold #PhysicalGold #PhysicalSilver #preciousmetals #preciousmetalsira #selfdirectedira #silverbullion #silvercoins #silverira #silvermarket #silverprice #Silverprices #spotprices #transferofgoldira #wallstreetsilver #whatisagoldira
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