Gold investment advice
The prevailing gold investment advice is that there are three ways of investing in gold.

First is physical ownership of gold jewelry, coins, or bars, with possible storage payments. Second is buying a futures contract, which have a fixed price, and there is no need to take physical ownership of gold. Third is investing in stock shares of mining companies. These are easily bought and sold, but the companies may be badly managed, or affected by political turmoil.

A lot of gold is held by central banks, and are tied to currency fluctuations. Bullion coins are bought to capitalize on price movements.

If there is a concern for long-term asset preservation and possible monetary controls, then pre 1933 European and American coins of lower premium are best. These are treated as historic items by the United States government.

Whenever gold investment advice dictates that a purchase is needed, there is no point in hesitation, since market timing is not an issue like other investments.

At times of peak demand, shortages of gold will happen, as not enough is being minted to satisfy demand, resulting in fast-rising prices.

Older gold coins are held by collectors or hoarded as bullion, and supplies will dry up. Gold investment advice is that it's essential quality of independence from someone else's responsibility or liability will always make it desirable.

The least expensive ways to buy are bars, krugerrands or sovereigns. Because of their smaller size, aesthetic, and historic value, it may be worth paying more for sovereigns.

They are better known, making them a better long-term purchase. Krugerrands are the most popular one ounce coin. No historic or aesthetic value, but great quality.

The lower price of bars is attractive, but buyers are specialty gold dealers, making them more difficult to sell.