How to Invest in Gold: A guide to making money (or securing wealth) by buying and selling gold

By Peter Temple

The price of gold keeps on rising as the global economy suffers turmoil and low growth. Is now a good time to protect or even grow your wealth with gold investment?
How to Invest in Gold is an authoritative guide for anyone thinking of buying gold and who wants to do so securely.
Covering gold bullion, gold bars, gold coins and alternative ways to invest such as ETFs, financial author Peter Temple reveals the best options for those who want to safeguard their wealth with the value of gold.
As well as listing the best places to sell and buy gold in the UK and around the world, he explains how to ensure value and legitimacy and explores likely returns.
Before you buy a gold bar to put under the mattress, this timely and unique eBook is a must. It's the best way to be certain of retaining your wealth no matter what happens in the future.

• Language: English
• Publisher: Harriman House
• Release date: Nov 25, 2011
• ISBN: 9780857192042

Peter Temple

Peter Temple (1946-2018) is the author of many crime novels including Truth and The Broken Shore. Five of his novels have won the Ned Kelly Award for Crime Fiction. He was the first Australian author to win Britain's Gold Dagger Award for The Broken Shore. He worked as a journalist and editor for newspapers and magazines in several countries. He lived in Victoria, Australia.

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Publishing details

HARRIMAN HOUSE LTD

3A Penns Road

Petersfield

Hampshire

GU32 2EW

GREAT BRITAIN

Tel: [phone]

Fax: [phone]

Email: [e-mail]

Website: www.harriman-house.com

First published as part of ‘The Handbook of Alternative Assets’ in Great Britain in 2010.

This revised edition published in 2012.

Copyright © Harriman House Ltd

The right of Peter Temple to be identified as author has been asserted in accordance with the Copyright, Design and Patents Acts 1988.

ISBN: 978-0-85719-204-2

British Library Cataloguing in Publication Data

A CIP catalogue record for this book can be obtained from the British Library.

All rights reserved; no part of this publication may be reproduced, stored in a retrieval system, or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise without the prior written permission of the Publisher. This book may not be lent, resold, hired out or otherwise disposed of by way of trade in any form of binding or cover other than that in which it is published without the prior written consent of the Publisher.

No responsibility for loss occasioned to any person or corporate body acting or refraining to act as a result of reading material in this book can be accepted by the Publisher or by the Author.

Introduction

OF ALL TANGIBLE investments, gold is often seen as the ultimate. It has been recognised for centuries that its indestructibility and scarcity make it an ideal store of wealth. Currencies may come and go and stock markets may rise and fall. But gold, so the theory goes, is a permanent asset that will hold its value come what may. This is not quite the whole truth. Those who bought gold at the last peak in its price in the late 1970s would have not only seen its value decline in real terms but missed out on the bull market in stocks in the 1980s and 1990s and the subsequent attractive returns seen in bonds. Conversely, those who bought when the UK and other governments were selling gold reserves at an average $270 an ounce between 1999 and 2002 have seen the price quadruple in the space of less than a decade. In a way, though, this illustrates the point. Gold’s lack of price performance in a raging equity bull market and its resilience in bear markets is its attraction. It is one of the few assets that moves counter to the stock market. Nor does it depend for its value on the spending power of collectors, in the way that coins, stamps or rare