Investing in Gold Part 1 · Retirement CASH FLOW

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Investing in Gold Part 1

As with most things in life there are things you need to be aware of and things to beware of.

Let's get down to basic gold ownership. Gold is sold in many shapes and sizes. Each size carries a premium over spot price the dealer will charge.

Cost of production packaging, handling etc.

It basically takes the same amount of cost to produce a 1/10 ounce piece as it does a 10 ounce bar. A 10 ounce bar has 100 1/10 ounce pieces to prove my point.

Typically, affordability comes into play and this is the crux of the story!

Gold spot price today is at $4,000 an ounce. Most investors can afford a one ounce piece and might pay $75 over spot to purchase. That's the cost of doing business.

To purchase a 1/10th ounce piece you may pay the same over spot fee of $75. If you purchased 10 1/10th ounce pieces your over spot fee jumps to $750! This my friends is where they get you.

If you walked into a dealers store with your retirement nest egg of $300k and you let the dealer divide up your gold stash, what do you think they will give you?

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