It is commonly known that purchasing gold bars is one of the best investments anyone can make. The bars come in many forms, but no doubt that one of the most popular gold bars is the Credit Suisse gold bars. These bars are among the most ordered gold financial instruments for some very good reasons.
The Reasons for Popularity
Every The Credit Suisse gold bar is refined, according to the highest standards, being 99.99% pure, fine gold. That means that each gold bar is guaranteed 24 karat pure gold. Each bar is stamped with the purity and weight and is safety-sealed. Another guarantee is that your one troy ounce Credit Swiss gold bar is, indeed, one ounce. The convenience to store this 1 5/8 by 15/16 is one of the reasons for its popularity. It is also easy to carry, if need be, in case of an emergency.
The pure gold content is guaranteed by the Credit Suisse Bank of Switzerland. This means safety and security for you in your gold investing.
Naturally, most gold buyers are looking for the best bang for their buck and Credit Suisse Gold Bars have a lower premium over spot than gold coins. This makes them a more economical way to own gold. It is for these reasons that these gold bars are one of the most frequently chosen by gold buyers around the world.
Shaky Times
One would have to live in a cave on a deserted island to not be aware of the shaky, scary economic times we are in. This is one of the worst economic trends the world has seen. Few are untouched by the hardships of these times.
Most households are having discussions around the kitchen table about what is the best move that can be made to survive should a total breakdown of the financial systems happen.
For the savvy, who've tucked money away over the years – instead of spending it all on things that will bring them no security in a crisis – buying gold is one of the best options.
Gold can be used to buy anything if the paper money becomes worthless. Gold has always been used as a valuable financial instrument. For people looking for security and safety through any economy, buying Credit Suisse Gold Bars is a very attractive solution.
London Gold Centre is your trusted source for buying and selling gold, silver, platinum, and other precious metals. Their expert team has decades of experience in the industry, providing top-notch customer service and competitive pricing.
They also offer a range of related services, including appraisals, refining, and storage solutions. Visit their website today to learn more about how they can help you with your precious metal needs.
Rumors
You may have heard that this is not a good time to buy gold because it's too expensive. That rumor was probably started by Wall Street or even our government. Neither are too fond of people choosing gold as their main investment instrument – there's little in it for them. Paper money can be manipulated, gold can't.
Buying gold bars or coins is always a good decision in any economy… but most particularly now. The price of gold seems high but it's still 34% lower than its all-time high in 1980.
Whether you are considering buying Credit Suisse gold bars for your children's heritage or for an emergency cash source – you are thinking right. It is one financial decision you will never regret.
Bullion Gold Bars
When it comes to gold bars, the majority of gold bars are bullion gold bars. It's rare but not impossible for a bar to become a collectible. One way this happens is if it's associated with a historical event. Any gold piece that's a little above gold's spot price is considered bullion. Bullion gold bars are manufactured in various shapes and sizes.
Ingots are the name for gold bullion bars that are smaller than a troy ounce of gold. The weight unit used to measure ingots is usually grams. The name ingot can also in some occasions refer to pieces that are manufactured from a mold rather than cut and stamped from a sheet.
Gold ingots that are smaller than a troy ounce will in most occasions be one of the most expensive ways one can invest in physical gold.
What makes this true is with gold ingots that are smaller than an ounce, an investor is usually paying a higher mark up for the manufacturing of the ingots; compared to larger bullion.
It's advised to invest in pieces that are one ounce or larger. With larger bars an investor will in most occasions be paying a smaller percentage in manufacturing compared to smaller ones.
One drawback when it comes to investing in larger bars is that larger pieces tend to be more difficult to liquidate. Learn more
