Who Are The Best Gold Dealers?

When buying gold, many don't know where to turn. Unfortunately, there a lot of shady characters in the gold industry looking to make a fortune off of unsuspecting gold investors, so it pays to be careful. The best way to find the best gold dealers is often word-of-mouth. In that regard, finding the best resources is a lot like finding the best in any industry. If you want to get your house painted, you look around the neighborhood for an attractive recently painted home and asked the residents who they used. This basic common sense approach applies to gold too. So to find gold dealers you know you can trust, ask your friends.

Good gold dealers will be realistic and prepare you for the reality that gold is a terrific long-term investment, but you have to be willing to ride out the short term fluctuations. The near-term ups and downs are perfectly normal and to be expected. Market analysts Rohit Savant of The Gold Report says he believes that the fundamentals of gold are positive, but he predicts that in 2013, gold could go down and the market may be a bit flat. http://goldnews.bullionvault.com/

There are many reasons gold prices go up and those reasons have already been taken into consideration. For example, the lousy economy naturally sends gold prices up, but in 2013 this is nothing new. It's been the case for so long that it's already largely accounted for in the current price of gold. So many of the variables that peoples see as influential on gold are in fact influential but those influences are not new and they've already been accounted for. In other words, their positive effect has already impacted gold’s current price.

So although gold isn't going to boom, it will probably not go down a lot either. The only real danger to the gold market would be if investors become indifferent and their interest wanes. But we don't see that happening now or in the near future. So the big picture is that the most likely scenario is that gold will go up - but not by much, which in the scheme of things isn't much of a risk at all.

The reasons gold is a strong long-term investment will always hold true and definitely still hold true today; but investors who are very frustrated by the short-term fluctuations of gold and silver or other precious metals should perhaps look for other kinds of investments because that is the nature of this beast.