If you are a serious investor, then you need to know the basics about gold investment.

Your portfolio needs to be diversified, and gold will help you do that.

Since true gold does not have any magnetic properties, it shouldn't respond at all.

If you observe any attraction between your "gold" and the magnet, you've probably been fooled or simply found a good imitation.Watch out for the gold buying bait and switch.

Every month or every regular period, try to buy some gold.

The consistency is what matters since its value will eventually even out and rise later on due to gold's value going against the value of currency.Do NOT sell your scrap gold or gold jewelery to a company wanting to do so through the mail.