To hedge against inflation, it is important to know which online dealers are the best for buying silver and gold. Avoid getting scammed by these gold and Silver dealers. I’ve dealt personally with most of them. You can get the best IRA gold fund in this sites.

Important: When buying silver or gold as an investment, only buy for its metal content. Because rare or numismatic coins often have a high price, you should not buy them.

Investors of gold and Silver will want to purchase as much metal for as low as possible. You should only buy bullion.

Many coin dealers will try selling you rare and graded currency because they offer huge premiums over spot prices. Do not buy bullion coins and bars to avoid being scammed as I was.

Let’s move on to the best online stores for buying gold and silver.

Monex

Monex has the best website for silver or gold. They provide detailed videos for each metal you are interested in investing. Monex is very informative about the products they are selling. Monex offers a large selection of metals. However, their inventory of bullion is somewhat limited. Monex will list the cost of each item sold.

Monex has higher prices than other places but their website design score is 10. Monex is worth the time to visit, even if only for the videos. Monex will be your online gold or silver dealer.

eBay

eBay.com offers a great way to purchase precious metals. eBay.com offers an extensive marketplace for gold and silver as well as almost anything else you might want to buy. The best thing about purchasing gold and silver coins online is the huge variety.

It’s possible to find bargains if you shop around. In some cases, you can also get silver coins for less than the spot market price on eBay. If you are lucky enough to find a great deal, I will use eBay to buy silver and gold. If you shop with the right seller you might be eligible for free shipping on your gold or silver coins.

eBay is generally rated as a safe, viable and reliable option to buy bullion or gold coins.

Bullion Direct

Bullion Direct is receiving positive feedback. However, I have never purchased anything personally from them. Bullion direct offers a lower inventory of metals than Apmex, Monex, and their website isn’t as user-friendly.

Bullion Direct self-directed IRAs allow you to put your money in Bullion Direct, however the prices of coins such as the American Silver Eagle do not compare with the Apmex. If your IRA is with an approved IRA Custodian, you may invest tax-deferred assets in bullion or gold coins.

While you will own the physical metals, they will either be stored in Bullion Direct’s vault or in a company that is their choice. Bullion Direct does not recommend an IRA. Bullion Direct does not make it a bad idea to purchase physical metals. But there are other options available that could be better for you.

Goldline

Goldline has a well-designed website and plenty of inventory. Goldline’s customer care and shipping rates are outstanding. This is a great place for a start. Bullion Direct also offers a Bullion Direct precious metals IRA.

Their website doesn’t provide prices, and that is the problem. Their prices are hidden and there is a “call to order” message, which is unlike Bullion Direct or Apmex. Glenn Beck, Fox News’ Goldline promoter, often advertises for Goldline in his commercials. I love the fact that the business is promoted by a familiar face because it makes me feel good about purchasing from them.

While I think I received a good deal buying from Goldline. I just don’t like the hidden prices. Overall, I feel that Goldline is a strong company. It’s a great place where to do business. Calling to get price estimates before buying is a good idea.

Apmex

Apmex.com, my favorite site to buy silver bullion or gold bullion coins, as well as gold bullion, silver bullion, bullion, American silver eagles and American silver eagles is Apmex.com. Apmex sells a large selection of gold, platinum, palladium and rare currencies as well as precious metals IRAs.

Apmex sells great products at very affordable prices. I’ve never seen them ship faster than one week. Apmex regularly has sales and marked down products. Apmex offers great packaging. They go above and beyond for your products. Don’t be blasted around.

The Gold IRA can be used to reduce the unpredictable nature of a person’s retirement fund. According to history, gold has moved in the opposite direction of mutual funds, bonds, and stocks. The gold price is negatively related to all of the aforementioned. You can see gold IRA reviews for more information.

The tangible gold and silver assets can offer a profitable insurance for the client’s portfolio, which by most standards is very realistic.

Gold Individual Retirement Accounts can be used to enhance the effectiveness of an investor’s investments in 2 different ways. Either by improving returns without increasing risk or by minimizing or eliminating risk while preserving returns. One example is a customer who bought $133,000 worth of gold in 1971, and has kept it ever since. He could now sell the metal for $701687.

Gold IRAs have attracted investors from all walks of life, including the old-fashioned investors to today’s aggressive investors. Price of gold is still strong despite the recent economic downturn. The price of gold has remained stable despite the economic failures.

Gold is still a great asset. Its value is consistent, making it a proven asset.

As previously mentioned, the gold Individual Retirement accounts accept only certain silver or gold bars and coins. United States Government allows specific coins and gold bars to be used in the gold Individual retirement account. Special dyes are used to produce collectible coins. By hand, the materials of coins are pressed and dipped in dyes until they appear frosted.

The coins will be examined by a mint examiner to ensure that they meet the standards of collectibles before being stored. The mintage of collectibles is generally low.

Values of collectibles coins are determined by several factors such as age, rarity of material, mintage and demand. Each year the US Government produces only a small amount of collectibles coins. Some years have been known to sell quicker than usual. Due to their unparalleled relevance, proofs coins usually come with an additional premium for their gold content.