Buying Gold, Why I Dont Buy Fractional bars

When it comes to Precious Metals nothing shimmers like Gold. Silver and other Metals may hold more Value for Industrial use, but when you think of the forever ago days in history, from Ancient Egypt to Pirate Chests and heck even The Super Mario Brothers, every time period has experienced a Gold Rush or two. It was once worshipped some may say it still holds a Spiritual nature, As if its Gods Money, Heaven made with Streets of Gold or the Devil in Hell sitting on a big pile of it. Gold is like nothing else on Earth. Owning some can't be that bad an idea right? Well before you waste your Paper Dollars on the Yellow Metal, be mindful when and how to purchase. You can do your own Due Diligance on that Topic But this Article is about why I personally dont buy Fractional Bars.

 Its simple first of all you dont want to spend your Gold willy nilly in times of Crisis. Buying 1 oz coins helps you hold back and save it for only the most thought out emergency purchases. My other and most important reason besides needing bigger pockets to carry it all would be when it comes time to sell. In my experience Dealers offer you $20 under spot for these little fractional bars when you combine that with the Higher premiums it takes to buy Fractionals it turns out to be a very bad buy and even a tax on poor people. Bottom line stick to 1 oz Gold Coins Such as the Canadian Maple Leaf of current year. Not only has the Maple had a 2017 Security Upgrade, But it has lower premiums, easy seller access and usually a premium over spot when selling time comes around. 
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