August 12, 2010

Gold Bar vs. Gold Coin

It’s a reality that we are really facing this so called economic crisis, deflation here and there and most of all is the crashing of stock market. After all this dilemmas, gold still withstood despite the economic turmoil and remained as the most robust investment vehicle not just for the rich but for the poor as well. So true gold really attracts and people would surely love to buy gold for two reasons: as an investment and for jewelery.

That is why many people would like to buy gold bars as an investment since it is almost cheaper than buying the same weight in gold coin. Gold bars comes also in many different shapes and sizes, and buying in bulk saves you money. It’s because of the fact that the bigger each bar, the lower the cost by weight. Another thing would be, if you own gold bars and invest it in a passive way, it pays you no interest.

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