Should I buy bullion gold for its metallic content or consider investment grade coins?
The answer to this question will generally depend on the investor. What most people think of when they think of gold is typically gold bullion, in coin or bar form. Bullion can range from 1/10 oz coins to 1,000 oz bars. Gold bullion is typically recommended for those investors seeking short term capital gain, as all forms of bullion, domestic or foreign, ARE subject to confiscation, as well as reportability via 1099b reporting. Unfortunately, due to the existing crisis in banking as well as economic instability nationwide, many people are concerned about the possibility of confiscation of gold bullion to repay national debt and rectify the shortcomings of the banking system. It is this precedent that guides our recommendations for clients as we realize that the “Buy and Hold” strategy will not necessarily work for those clients looking for a long term investment in bullion. If you are an investor who is merely concerned with hedging your assets against inflation or the devaluation of t
