What You Need To Know About Gold Bullion Investment

Since the beginning of commerce and coinage, gold has been seen as a valuable metal that has allowed trade between countries, cultures, and merchants. Even in today’s markets, Gold is a precious metal that remains critically important to economies around the world. The question is, if you’re going to start looking at gold bullion as an investment, then what do you need to know?

The Importance of Gold
Gold is a treasured metal in and of itself. Aside from being an important money maker for nations lucky enough to have abundant supplies, gold is still the most in demand precious metal for jewelry in the world. In addition to this, investment of gold tends to spike at times when the economy is uncertain, especially the U.S. economy or when the U.S. Dollar is weak.

Gold Bullion Vs. Market Gold Prices
Before investing it is important to understand the enormous difference between investing in gold bullion and investing in gold as a commodity, complete with full market movements. When you’re talking about gold bullion, that is purchasing physical pieces of gold. This often comes in a variety of gold coins that are valued based on their exact ounce weight times what the price of gold per ounce is at that point.

Market gold prices, as they are found from commodity market prices, mean you’re investing in a place in the commodities market and not in the physical gold you can hold, horde, or keep for safe keeping until you sell it back. Market gold is like investing in stock – your invested money can rise or fall based on the price of gold, and you are subject to the movement of market prices. That’s a lot of volatility.

When Should You Buy Gold Bullion?
Gold bullion is a solid investment for people who love the idea of having gold on hand because of its tangible value, want to invest for the future, but don’t have any confidence in stocks, commodities, or any of the funds out there. Ideally, the best return is to buy gold bullion when the overall economy is healthy, but you don’t think it will remain that way (gold tends to be lower when the U.S. economy is booming and higher in price when the U.S. economy is down).

This gives the best value on a return, and gold bullion can also be seen as a great long term investment because simply by rising costs and inflation over time gold will continue to be more valuable. Gold will cost more several hundred years in the future than it does now – that just makes sense.

When Should You Sell Gold Bullion?
There are a few thoughts on this. Many people invest in gold bullion for the long-term and plan on keeping it for years or decades. On the other hand, if you hit a point where the price of gold is double what it was when you first bought it, that is certainly worth considering! The other thought is that when it looks like the U.S. economy is going to go from hurting to booming, that’s a good time to sell, as well, and to sit on the money until you see how things play out. Or you even have the option of doubling up on gold bullion when the price plummets one more time.

There are many different options – but the best time to sell depends on your needs, your goals, and what your main focus is.

In Conclusion
Gold bullion can be a great safe place to invest money no matter what the markets are doing, and the ability to hold a tangible thing of value. Look at what your options are, and see if bullion is the right step for you.

Learn How Your Business Can Take Advantage Of A Competitor’s Company Liquidation

If you own or work for business, then you look for each and every opportunity to grow your company. You assume your competitors are doing the same and want to make the most of each chance you have to get a leg up. However, what do you do on the rare day that you find out a competitor is not only not doing well but going flat out of business? When a competitor business has a company liquidation coming up, it presents five distinct opportunities that your own business should move to capitalize on. Keep reading to learn what they are.

1) When a competing business is forced into liquidation, all of its physical assets are going to be sold off quickly, and the revenue generated will be used to offset debts, creditors and the costs of closing a business. Since they’re a competitor, they’re likely selling things that your company sells too. Even if your products are of different branding or manufacture, you can probably still find shelf space to sell their remaining products. At the very least, fill the clearance section of your website for a while. If there’s any nostalgia for your competitor’s products, don’t hesitate to capitalize on it.

2) With reference to an EDP24 article about liquidation handled by Jamie Playford, a company liquidation is not typically restricted to just the unsold product, but also anything material the company has, including shelving, cash registers, furniture, computer systems and even manufacturing equipment. If your competitor manufactured its products and you do too, it’s likely you can get some tools and machines your company already uses for quite a steal of a price. The same can be said for vehicles like service trucks or employee cars. Jamie Playford is a licensed insolvency practitioner in United Kingdom and has published many articles on insolvency, liquidation and bankruptcy.

3) Actual retail and manufacturing locations rarely get included in liquidation sales when companies close their doors, as many are leased instead of owned. However, whether or not they are rented or owned, those properties do eventually surface on the market. The owners of them will be looking to get new tenants or owners in as quickly as possible, as sitting properties cost money but do not make them. Keep an eye out for retail locations in markets you are not currently already serving that apparently have demanded similar products, and especially keep your eyes open for manufacturing or closed-door facilities that might be turn-key ready to fill needs within your organization.

4) One of the most valuable resources that you can collect from a competing company undergoing liquidation is the employees themselves. Many might be getting offered severance packages or are under “do not compete” clauses, but if any of them are available, they’re worth a conversation. They already have experience, training, and skills in your business’ niche or sector, and some of them could prove invaluable additions to your payroll, especially since some of them will bring the most precious thing your business needs:

5) New customers! Even if your competitor went out of business, it was in business for a while, and it had customers that needed things that your business offers, but were getting them from someone else. Well, now that someone else isn’t around anymore, and they need a new solution to their problems and needs. Talk with any former employees you hire and see what you can do about reaching out to their former clients. Even without former workers of the competitor, make it known to the local public that you welcome older customers of the now defunct business. In some cases, you can take over warranties and service plans of another business, or adopt their discounts, to snag they’re recurring and long-term customers.

When your business sees a competitor is about to have a company liquidation, don’t just celebrate at the demise of a marketplace foe. Take advantage of the situation to get your hands on a sell-able product, usable hardware, locations, employees and even customers.