21 June 2013

The Art of Gold and Silver Investing – How to make the most out of it!

We have noticed a sharp rise of 207% in visits to the Check Out pages in our online shop at www.celticgold.eu between the 19th and 20th of June 2013.

This was accompanied by a 92% rise in page views and a general increase in visitors of 55%. 

What this means is that more people from around the EU are coming to our site and they are indeed more seriously interested in buying precious metals than just browsing around the website.

No jump in physical demand

However, the demand for physical gold and silver coins in the industry has not jumped like it did in April.

The above figures mean that while the interest is there some people are hesitant to buy.

Long Term Fundamentals are in tact

The long term fundamentals are in tact and we believe the bottom will in the area of $1,200/oz. However, if you are interested in buying then the following concept of “The Art of Gold and Silver Investing” will be beneficial to you.

How to make the most out of your gold and silver purchases

After you have decided to invest in gold and silver you then split the amount you intend to invest into smaller “chunks”. For example if you are planning to invest 50,000 Euro into precious metals then divide this 50,000 Euros into 10 to 20 orders of gold over a period of time.

If you invest this way then you average out the volatility of the gold price and this way you will receive more gold for your money.

Table 1: Example on how splitting 50,000 Euro into 18 orders helps to buy the most gold when the gold price moves between 1.100 and 1.500 Euro:

 

Orders

Ordervolume

Price per Ounce

Ounces of Gold
Purchased

 

1

   2.500,00 €

       1.300,00 €

1,92

 

2

   2.500,00 €

       1.200,00 €

2,08

 

3

   2.500,00 €

       1.200,00 €

2,08

 

4

   2.500,00 €

       1.200,00 €

2,08

 

5

   2.500,00 €

       1.300,00 €

1,92

 

6

   2.500,00 €

       1.500,00 €

1,67

 

7

   2.500,00 €

       1.300,00 €

1,92

 

8

   2.500,00 €

       1.200,00 €

2,08

 

9

   5.000,00 €

       1.200,00 €

4,17

 

10

   5.000,00 €

       1.200,00 €

4,17

 

11

   2.500,00 €

       1.300,00 €

1,92

 

12

   2.500,00 €

       1.300,00 €

1,92

 

13

   2.500,00 €

       1.400,00 €

1,79

 

14

   2.500,00 €

       1.400,00 €

1,79

 

15

   2.500,00 €

       1.400,00 €

1,79

 

16

   2.500,00 €

       1.350,00 €

1,85

 

17

   2.500,00 €

       1.300,00 €

1,92

 

18

   2.500,00 €

       1.400,00 €

1,79

Total:

18

 50.000,00 €

 

38,87

Average Gold Price

       1.302,78 €

 

Summary

Buy the dips as we keep saying and spread out your planned investment over several orders. The current price level plus the fact that premiums are low and the goods are available are three key advantages in this particular market phase.

Author: celticgold.eu

Older CelticGold's All Ireland Gold Tour - Update Newer Gold and Silver Available with Low Premiums