May
4
How to Cash in Gold Coins
Filed Under Finance | Leave a Comment
Misha Kerogazov
You don’t have to collect gold coins or invest in them in order to have them. Many people get gold coins often without having any interest in them, beside a question they keep asking themselves: how to cash in gold coins.
There’re a few places where you can sell your gold coins: jeweller shops, coins dealers, pawnshops, and of course you can sell them online. Any gold coin or any coin made of any precious metal has two parts of its value: the gold value and the numismatic value (for bullion gold coins it can be just a premium on the gold value in percents).
The numismatic value of a coin can be affected by several factors: its grade (condition), its mintage (the number of coins issued), and its year of issue (how old it is). So obviously, an older gold coin in perfect condition minted in very small number will worth a lot more than some modern gold coin in poor condition minted in great number – that simple.
Before you hand your coin to any of the places mentioned above, you must find out the right value for your gold coin. The easiest way to do it is to have a coin catalogue and being able to grade your coin appropriately, and if you had one and were capable of doing coin grading, you probably wouldn’t be reading this article.
You can start with asking your local coin dealers, they may not give you the right price, but at least you’ll get some idea of what your coin is, what grade it is in, and what it’s worth. Going to a jeweller shop can be justified only if you don’t have any coin dealers around – they may know about numismatic value of coins, but usually, they just give you their gold value, which can be relatively small compared to their numismatic value. Going to a pawnshop can hardly be justified at all, but I thought I would mention this place anyway, at least in the sake of fairness of the subject.
After you got some idea of what your coin is worth, you can make a bit more research to find about the value of your coin. You can of course just Google it, which is a good start, but another way of doing it is using ebay. Go to ebay, find the coins and paper money category, and search for your coin (you should know that much after you’ve seen your coin dealer). Searching among current listings may not be enough – so click advanced search, tick completed listings only and do search again. That should give you a better idea of what similar coins are getting sold for.
You can consider using help of coin forums as well. There’re plenty online (for example CoinForum), and people on those forums can be very professional and helpful.
Keep in mind that coin grading can affect the price greatly and if the coin dealer you saw said that your coin is in the very fine grade (VF) and worth around $100 and you found that a similar coin in the extra fine grade (XF) was sold for $300, you may have had your coin priced correctly.
After you have a better idea how much your coin is worth, you can start seriously considering selling it. There’re obviously two ways to go: if your coin dealer offered you more than you found you can get on ebay, than go to your coin dealer. Otherwise, sell it online (ebay or other online auctions) – you even can consider selling it for $1 no reserve (ebay only) – there’s a whole lot of people who made their business to watch gold coins auctions continually, so your coin will get sold for a fair price anyway (don’t do it if you don’t feel adventurous).
Just keep in mind one more thing: some of the coins have varieties, which are very small distinguished features of a coin that can make it worth a lot more than its usual counterparts, for example: one number in the coin year is longer than other number, or space between two letters is not the same as between other letters. So, if you find any oddities on your coin, you’ll have to do more research and probably see more people to talk about your coin. Be aware of possible and not very pleasant outcome of your research – if your coin is quite different from similar coins of the same type, it may be a fake, but usually coin dealers can point it out right away.
You don’t have to collect gold coins or invest in them in order to have them. Many people get gold coins often without having any interest in them, beside a question they keep asking themselves: how to cash in gold coins.
There’re a few places where you can sell your gold coins: jeweller shops, coins dealers, pawnshops, and of course you can sell them online. Any gold coin or any coin made of any precious metal has two parts of its value: the gold value and the numismatic value (for bullion gold coins it can be just a premium on the gold value in percents).
The numismatic value of a coin can be affected by several factors: its grade (condition), its mintage (the number of coins issued), and its year of issue (how old it is). So obviously, an older gold coin in perfect condition minted in very small number will worth a lot more than some modern gold coin in poor condition minted in great number – that simple.
Before you hand your coin to any of the places mentioned above, you must find out the right value for your gold coin. The easiest way to do it is to have a coin catalogue and being able to grade your coin appropriately, and if you had one and were capable of doing coin grading, you probably wouldn’t be reading this article.
You can start with asking your local coin dealers, they may not give you the right price, but at least you’ll get some idea of what your coin is, what grade it is in, and what it’s worth. Going to a jeweller shop can be justified only if you don’t have any coin dealers around – they may know about numismatic value of coins, but usually, they just give you their gold value, which can be relatively small compared to their numismatic value. Going to a pawnshop can hardly be justified at all, but I thought I would mention this place anyway, at least in the sake of fairness of the subject.
After you got some idea of what your coin is worth, you can make a bit more research to find about the value of your coin. You can of course just Google it, which is a good start, but another way of doing it is using ebay. Go to ebay, find the coins and paper money category, and search for your coin (you should know that much after you’ve seen your coin dealer). Searching among current listings may not be enough – so click advanced search, tick completed listings only and do search again. That should give you a better idea of what similar coins are getting sold for.
You can consider using help of coin forums as well. There’re plenty online (for example CoinForum), and people on those forums can be very professional and helpful.
Keep in mind that coin grading can affect the price greatly and if the coin dealer you saw said that your coin is in the very fine grade (VF) and worth around $100 and you found that a similar coin in the extra fine grade (XF) was sold for $300, you may have had your coin priced correctly.
After you have a better idea how much your coin is worth, you can start seriously considering selling it. There’re obviously two ways to go: if your coin dealer offered you more than you found you can get on ebay, than go to your coin dealer. Otherwise, sell it online (ebay or other online auctions) – you even can consider selling it for $1 no reserve (ebay only) – there’s a whole lot of people who made their business to watch gold coins auctions continually, so your coin will get sold for a fair price anyway (don’t do it if you don’t feel adventurous).
Just keep in mind one more thing: some of the coins have varieties, which are very small distinguished features of a coin that can make it worth a lot more than its usual counterparts, for example: one number in the coin year is longer than other number, or space between two letters is not the same as between other letters. So, if you find any oddities on your coin, you’ll have to do more research and probably see more people to talk about your coin. Be aware of possible and not very pleasant outcome of your research – if your coin is quite different from similar coins of the same type, it may be a fake, but usually coin dealers can point it out right away.
Feb
4
How To Buy Gold As An Investment
Filed Under Finance | Leave a Comment
Joseph Palmer
If investors want to buys stocks or bonds, they can call up their brokers and quickly make the purchase. They can also buy stocks online with the push of a button. Commodities such as gold and silver, however, are more difficult to buy because of the the complicated way in which they trade through futures and options markets.
Whatever the current price of gold is, many people wish to learn how to invest in gold. Metals such as gold and silver are called commodities and they are more complicated than stocks for the normal investor because there are different ways you can invest in them.
Luckily, investing in gold is one of the easier commodities to invest in. One option is that you can invest in gold coins that are obtained from a dealer and from some banks. If you do this, though, you will have to find a safe way to store the gold. Many people who have gold store it in bank safe deposit boxes. This seems to be the most secure method of storage.
The second way to invest in gold is to buy an ETF. Exchange traded funds work much like stocks and they can be bought and sold any time the stock market is open. These funds mirror the price of gold and so even though you do not directly own any gold, you have a fund that has exposure to it. Investing in gold through ETF’s is probably the easiest method and the most recommended method of gold investment for the average investor.
The third and most complicated way to invest in gold is to trade futures and options in the commodities market. This takes a lot of knowledge and experience to know what you are doing and it is not advised for the normal investor.
Investing in gold is not as intimidating as it sounds. Usually people can easily buy ETF’s and this is by far the most popular way. As the current price of gold fluctuates, these ETF funds go up and down correspondingly. If you like to have the physical gold in your hands you can always buy it but then the safety issue comes into play. Whichever method or methods you use for your investments in gold, you will still have the benefits of owning the most treasured metal in earth’s history.
If investors want to buys stocks or bonds, they can call up their brokers and quickly make the purchase. They can also buy stocks online with the push of a button. Commodities such as gold and silver, however, are more difficult to buy because of the the complicated way in which they trade through futures and options markets.
Whatever the current price of gold is, many people wish to learn how to invest in gold. Metals such as gold and silver are called commodities and they are more complicated than stocks for the normal investor because there are different ways you can invest in them.
Luckily, investing in gold is one of the easier commodities to invest in. One option is that you can invest in gold coins that are obtained from a dealer and from some banks. If you do this, though, you will have to find a safe way to store the gold. Many people who have gold store it in bank safe deposit boxes. This seems to be the most secure method of storage.
The second way to invest in gold is to buy an ETF. Exchange traded funds work much like stocks and they can be bought and sold any time the stock market is open. These funds mirror the price of gold and so even though you do not directly own any gold, you have a fund that has exposure to it. Investing in gold through ETF’s is probably the easiest method and the most recommended method of gold investment for the average investor.
The third and most complicated way to invest in gold is to trade futures and options in the commodities market. This takes a lot of knowledge and experience to know what you are doing and it is not advised for the normal investor.
Investing in gold is not as intimidating as it sounds. Usually people can easily buy ETF’s and this is by far the most popular way. As the current price of gold fluctuates, these ETF funds go up and down correspondingly. If you like to have the physical gold in your hands you can always buy it but then the safety issue comes into play. Whichever method or methods you use for your investments in gold, you will still have the benefits of owning the most treasured metal in earth’s history.
Sep
28
David Brown
The financial crisis facing the world today continues to grow. More companies are going bankrupt, banks are failing, real estate values are dropping, and the government has to take over failing financial institutions. All of these events are beginning to concern the US government. The country’s ability to maintain national defense is being examined.
One natural resource that has maintained its value for thousands of years is gold. As the number of financial institutions that fail rises, people are investing in gold. Gold is a long-term investment that has proven reliable for a great number of years. The US Government is considering plans to begin stockpiling gold reserves to help stabilize the value of the dollar.
Secretary of the Treasury is concerned that the current economic crisis will rival the problems that the Great Depression caused. Congress has been warned that the crisis will not go away quickly without government intervention. Economists are warning this could be the worst financial crisis the world has ever known.
Consumers continue to lose faith in the financial markets and many are exploring other options such as putting their savings into gold assets. Investors are pulling their money in droves and looking for investments that have little or no risk. Treasuries and gold are two assets that have not been affected by the selling panic. Gold bullion and coins have increased in value for the last two years.
Defensive Assets are important to the country’s ability to maintain its defense. The US has increased the amount of precious metals that are being maintained for the Defensive Asset. Although it includes metals such as silver, platinum, and palladium, gold has outperformed the rest. The other metals prices are more tied to industrial productions.
The US Government is buying gold and this too will increase the value if gold. Gold investing is certainly a great idea for investing in these troubling economic times. The US plans to keep increasing the Defensive Assets to ensure the country can protect its shores.
The financial crisis facing the world today continues to grow. More companies are going bankrupt, banks are failing, real estate values are dropping, and the government has to take over failing financial institutions. All of these events are beginning to concern the US government. The country’s ability to maintain national defense is being examined.
One natural resource that has maintained its value for thousands of years is gold. As the number of financial institutions that fail rises, people are investing in gold. Gold is a long-term investment that has proven reliable for a great number of years. The US Government is considering plans to begin stockpiling gold reserves to help stabilize the value of the dollar.
Secretary of the Treasury is concerned that the current economic crisis will rival the problems that the Great Depression caused. Congress has been warned that the crisis will not go away quickly without government intervention. Economists are warning this could be the worst financial crisis the world has ever known.
Consumers continue to lose faith in the financial markets and many are exploring other options such as putting their savings into gold assets. Investors are pulling their money in droves and looking for investments that have little or no risk. Treasuries and gold are two assets that have not been affected by the selling panic. Gold bullion and coins have increased in value for the last two years.
Defensive Assets are important to the country’s ability to maintain its defense. The US has increased the amount of precious metals that are being maintained for the Defensive Asset. Although it includes metals such as silver, platinum, and palladium, gold has outperformed the rest. The other metals prices are more tied to industrial productions.
The US Government is buying gold and this too will increase the value if gold. Gold investing is certainly a great idea for investing in these troubling economic times. The US plans to keep increasing the Defensive Assets to ensure the country can protect its shores.
Aug
1
Gold to Rise?
Filed Under Finance | Leave a Comment
Australasian Investment Review
So with the credit crunch and economic slump still with us, oil still sliding (and giving confusing pricing signals) what will gold do this year?
The inflation bears look at all the government debt and say, it’s good news for us, even though price deflation is more likely than an upturn in price inflation.
The strength of the slump is too strong and economies from Australia, to the US, Japan and Europe, are still feeling the pinch and will go on doing so for months to come.
But the combination of low interest rates, government bailouts and huge Government debt, makes gold bugs bullish and feel giddy.
Just how that will stimulate inflation in the midst of the worst economic downturn for 80 years, is a little mysterious.
The respected London-based researcher, GFMS said last week in its first look at the prospects for gold in 2009, that gold prices may climb to a record in the first half of this year because those historically low interest rates could weaken the dollar and government bailouts spark inflation.
Gold reached a record $US1,033.90 an ounce on March 17 and since then has fallen back to trade between US800 an ounce and $US900 an ounce.
According to media reports GFMS reckons gold could very well top the $US1,000 an ounce mark in the June half.
GFMS forecast in its September gold update that gold would rally to $US950 an ounce at the end of 2008. That was $US70 more than the actual year-end price.
The group still believes the gold bull market may now be extended, with a peak higher than previously expected sometime in the first half. It sees a weaker US dollar boosting the metal; (So far no sign of that though).
But the group also cautioned that the deflationary pressures, which should emerge more strongly in the second half of the year, could push gold prices down to around $US700 an ounce.
“It might be thought that recessionary conditions and an associated decline in inflationary pressures could undermine” demand, lowering prices to about $700 an ounce.
“This money-printing will at some point usher in a period of high inflation. Deflationary pressures could only be in evidence for a relatively short time.”
“The rally is unlikely to be derailed by supply due to relatively flat mine output, subdued central bank sales and, unless prices go to $950, little change for scrap supply,” GFMS said.
The group said that the massive fiscal commitments made by the US government could alarm foreign investors and cause official inflows into the Treasury debt market to weaken, undercutting support for the dollar.
(The US Treasuries market in particular seems to be a bomb waiting to explode with yields at record lows which do not seem sustainable)
Expecting stimulus and bank support spending in the US and UK to be announced this week and next will add more than $US1.2 trillion to that already bloated spending.
GFMS said in the report that it believed that strong investor demand for the metal had been “masked” by heavy selling by hedge funds which required cash to cover losses elsewhere, meet margin calls and pay for redemptions. And if it wasn’t for the selling, prices would have bounced back over the $US1,000 level.
While it expects mine production to remain stable at 1,170 tonnes in the first half, it predicts investment demand for bars may climb 49% to 201 tonnes, while consumption from jewelers and other fabricators probably could drop 4% to 1,254 tonnes.
Demand for gold has been hit by the downturn from the jewellery and industrial sectors, while demand for coins and investment in physical metal has been very strong for months. Many producers of specialist gold coins and other products have a long waiting list of clients wanting to buy.
On the supply side GFMS said gold output in South Africa in 2008 fell by the largest amount in 107 years, pushing the country into third place in the league of global producers behind China and the US.
The country’s gold output dropped by an estimated 14%, the sharpest decline since 1901.
South Africa gold production was a provisional 232 tonnes, down 38 tonnes on 2007, thanks to power supply limitations, an industry-wide skills shortage and an overhaul of mine safety procedures.
China extended its lead as the world’s largest gold producer, with output up 3% last year to 288 tonnes while output in the US eased 2% to 234 tonnes.
GFMS said the fall in South African output contributed to a substantial drop in global mine production which sank 3.6% to 2,385 tonnes, the lowest level since 1995.
Selling by central banks dropped sharply in 2008, down 42% from 2007 to 279 tonnes, the lowest annual total since 1996.
GFMS said it expected central banks to sell 127 tonnes of gold in the first half of 2009, down 23% on the same period of 2008.
IMPORTANT: AIR reports about financial markets and investment products in the widest sense possible. The AIR website and all its contents is prepared for general information only, and as such, the specific needs, investment objectives or financial situation of any particular user have not been taken into consideration. Individuals should therefore talk with their financial planner or advisor before making any investment decisions.
So with the credit crunch and economic slump still with us, oil still sliding (and giving confusing pricing signals) what will gold do this year?
The inflation bears look at all the government debt and say, it’s good news for us, even though price deflation is more likely than an upturn in price inflation.
The strength of the slump is too strong and economies from Australia, to the US, Japan and Europe, are still feeling the pinch and will go on doing so for months to come.
But the combination of low interest rates, government bailouts and huge Government debt, makes gold bugs bullish and feel giddy.
Just how that will stimulate inflation in the midst of the worst economic downturn for 80 years, is a little mysterious.
The respected London-based researcher, GFMS said last week in its first look at the prospects for gold in 2009, that gold prices may climb to a record in the first half of this year because those historically low interest rates could weaken the dollar and government bailouts spark inflation.
Gold reached a record $US1,033.90 an ounce on March 17 and since then has fallen back to trade between US800 an ounce and $US900 an ounce.
According to media reports GFMS reckons gold could very well top the $US1,000 an ounce mark in the June half.
GFMS forecast in its September gold update that gold would rally to $US950 an ounce at the end of 2008. That was $US70 more than the actual year-end price.
The group still believes the gold bull market may now be extended, with a peak higher than previously expected sometime in the first half. It sees a weaker US dollar boosting the metal; (So far no sign of that though).
But the group also cautioned that the deflationary pressures, which should emerge more strongly in the second half of the year, could push gold prices down to around $US700 an ounce.
“It might be thought that recessionary conditions and an associated decline in inflationary pressures could undermine” demand, lowering prices to about $700 an ounce.
“This money-printing will at some point usher in a period of high inflation. Deflationary pressures could only be in evidence for a relatively short time.”
“The rally is unlikely to be derailed by supply due to relatively flat mine output, subdued central bank sales and, unless prices go to $950, little change for scrap supply,” GFMS said.
The group said that the massive fiscal commitments made by the US government could alarm foreign investors and cause official inflows into the Treasury debt market to weaken, undercutting support for the dollar.
(The US Treasuries market in particular seems to be a bomb waiting to explode with yields at record lows which do not seem sustainable)
Expecting stimulus and bank support spending in the US and UK to be announced this week and next will add more than $US1.2 trillion to that already bloated spending.
GFMS said in the report that it believed that strong investor demand for the metal had been “masked” by heavy selling by hedge funds which required cash to cover losses elsewhere, meet margin calls and pay for redemptions. And if it wasn’t for the selling, prices would have bounced back over the $US1,000 level.
While it expects mine production to remain stable at 1,170 tonnes in the first half, it predicts investment demand for bars may climb 49% to 201 tonnes, while consumption from jewelers and other fabricators probably could drop 4% to 1,254 tonnes.
Demand for gold has been hit by the downturn from the jewellery and industrial sectors, while demand for coins and investment in physical metal has been very strong for months. Many producers of specialist gold coins and other products have a long waiting list of clients wanting to buy.
On the supply side GFMS said gold output in South Africa in 2008 fell by the largest amount in 107 years, pushing the country into third place in the league of global producers behind China and the US.
The country’s gold output dropped by an estimated 14%, the sharpest decline since 1901.
South Africa gold production was a provisional 232 tonnes, down 38 tonnes on 2007, thanks to power supply limitations, an industry-wide skills shortage and an overhaul of mine safety procedures.
China extended its lead as the world’s largest gold producer, with output up 3% last year to 288 tonnes while output in the US eased 2% to 234 tonnes.
GFMS said the fall in South African output contributed to a substantial drop in global mine production which sank 3.6% to 2,385 tonnes, the lowest level since 1995.
Selling by central banks dropped sharply in 2008, down 42% from 2007 to 279 tonnes, the lowest annual total since 1996.
GFMS said it expected central banks to sell 127 tonnes of gold in the first half of 2009, down 23% on the same period of 2008.
IMPORTANT: AIR reports about financial markets and investment products in the widest sense possible. The AIR website and all its contents is prepared for general information only, and as such, the specific needs, investment objectives or financial situation of any particular user have not been taken into consideration. Individuals should therefore talk with their financial planner or advisor before making any investment decisions.
Jul
5
Gold to Rise?
Filed Under Finance | Leave a Comment
Australasian Investment Review
So with the credit crunch and economic slump still with us, oil still sliding (and giving confusing pricing signals) what will gold do this year?
The inflation bears look at all the government debt and say, it’s good news for us, even though price deflation is more likely than an upturn in price inflation.
The strength of the slump is too strong and economies from Australia, to the US, Japan and Europe, are still feeling the pinch and will go on doing so for months to come.
But the combination of low interest rates, government bailouts and huge Government debt, makes gold bugs bullish and feel giddy.
Just how that will stimulate inflation in the midst of the worst economic downturn for 80 years, is a little mysterious.
The respected London-based researcher, GFMS said last week in its first look at the prospects for gold in 2009, that gold prices may climb to a record in the first half of this year because those historically low interest rates could weaken the dollar and government bailouts spark inflation.
Gold reached a record $US1,033.90 an ounce on March 17 and since then has fallen back to trade between US800 an ounce and $US900 an ounce.
According to media reports GFMS reckons gold could very well top the $US1,000 an ounce mark in the June half.
GFMS forecast in its September gold update that gold would rally to $US950 an ounce at the end of 2008. That was $US70 more than the actual year-end price.
The group still believes the gold bull market may now be extended, with a peak higher than previously expected sometime in the first half. It sees a weaker US dollar boosting the metal; (So far no sign of that though).
But the group also cautioned that the deflationary pressures, which should emerge more strongly in the second half of the year, could push gold prices down to around $US700 an ounce.
“It might be thought that recessionary conditions and an associated decline in inflationary pressures could undermine” demand, lowering prices to about $700 an ounce.
“This money-printing will at some point usher in a period of high inflation. Deflationary pressures could only be in evidence for a relatively short time.”
“The rally is unlikely to be derailed by supply due to relatively flat mine output, subdued central bank sales and, unless prices go to $950, little change for scrap supply,” GFMS said.
The group said that the massive fiscal commitments made by the US government could alarm foreign investors and cause official inflows into the Treasury debt market to weaken, undercutting support for the dollar.
(The US Treasuries market in particular seems to be a bomb waiting to explode with yields at record lows which do not seem sustainable)
Expecting stimulus and bank support spending in the US and UK to be announced this week and next will add more than $US1.2 trillion to that already bloated spending.
GFMS said in the report that it believed that strong investor demand for the metal had been “masked” by heavy selling by hedge funds which required cash to cover losses elsewhere, meet margin calls and pay for redemptions. And if it wasn’t for the selling, prices would have bounced back over the $US1,000 level.
While it expects mine production to remain stable at 1,170 tonnes in the first half, it predicts investment demand for bars may climb 49% to 201 tonnes, while consumption from jewelers and other fabricators probably could drop 4% to 1,254 tonnes.
Demand for gold has been hit by the downturn from the jewellery and industrial sectors, while demand for coins and investment in physical metal has been very strong for months. Many producers of specialist gold coins and other products have a long waiting list of clients wanting to buy.
On the supply side GFMS said gold output in South Africa in 2008 fell by the largest amount in 107 years, pushing the country into third place in the league of global producers behind China and the US.
The country’s gold output dropped by an estimated 14%, the sharpest decline since 1901.
South Africa gold production was a provisional 232 tonnes, down 38 tonnes on 2007, thanks to power supply limitations, an industry-wide skills shortage and an overhaul of mine safety procedures.
China extended its lead as the world’s largest gold producer, with output up 3% last year to 288 tonnes while output in the US eased 2% to 234 tonnes.
GFMS said the fall in South African output contributed to a substantial drop in global mine production which sank 3.6% to 2,385 tonnes, the lowest level since 1995.
Selling by central banks dropped sharply in 2008, down 42% from 2007 to 279 tonnes, the lowest annual total since 1996.
GFMS said it expected central banks to sell 127 tonnes of gold in the first half of 2009, down 23% on the same period of 2008.
IMPORTANT: AIR reports about financial markets and investment products in the widest sense possible. The AIR website and all its contents is prepared for general information only, and as such, the specific needs, investment objectives or financial situation of any particular user have not been taken into consideration. Individuals should therefore talk with their financial planner or advisor before making any investment decisions.
So with the credit crunch and economic slump still with us, oil still sliding (and giving confusing pricing signals) what will gold do this year?
The inflation bears look at all the government debt and say, it’s good news for us, even though price deflation is more likely than an upturn in price inflation.
The strength of the slump is too strong and economies from Australia, to the US, Japan and Europe, are still feeling the pinch and will go on doing so for months to come.
But the combination of low interest rates, government bailouts and huge Government debt, makes gold bugs bullish and feel giddy.
Just how that will stimulate inflation in the midst of the worst economic downturn for 80 years, is a little mysterious.
The respected London-based researcher, GFMS said last week in its first look at the prospects for gold in 2009, that gold prices may climb to a record in the first half of this year because those historically low interest rates could weaken the dollar and government bailouts spark inflation.
Gold reached a record $US1,033.90 an ounce on March 17 and since then has fallen back to trade between US800 an ounce and $US900 an ounce.
According to media reports GFMS reckons gold could very well top the $US1,000 an ounce mark in the June half.
GFMS forecast in its September gold update that gold would rally to $US950 an ounce at the end of 2008. That was $US70 more than the actual year-end price.
The group still believes the gold bull market may now be extended, with a peak higher than previously expected sometime in the first half. It sees a weaker US dollar boosting the metal; (So far no sign of that though).
But the group also cautioned that the deflationary pressures, which should emerge more strongly in the second half of the year, could push gold prices down to around $US700 an ounce.
“It might be thought that recessionary conditions and an associated decline in inflationary pressures could undermine” demand, lowering prices to about $700 an ounce.
“This money-printing will at some point usher in a period of high inflation. Deflationary pressures could only be in evidence for a relatively short time.”
“The rally is unlikely to be derailed by supply due to relatively flat mine output, subdued central bank sales and, unless prices go to $950, little change for scrap supply,” GFMS said.
The group said that the massive fiscal commitments made by the US government could alarm foreign investors and cause official inflows into the Treasury debt market to weaken, undercutting support for the dollar.
(The US Treasuries market in particular seems to be a bomb waiting to explode with yields at record lows which do not seem sustainable)
Expecting stimulus and bank support spending in the US and UK to be announced this week and next will add more than $US1.2 trillion to that already bloated spending.
GFMS said in the report that it believed that strong investor demand for the metal had been “masked” by heavy selling by hedge funds which required cash to cover losses elsewhere, meet margin calls and pay for redemptions. And if it wasn’t for the selling, prices would have bounced back over the $US1,000 level.
While it expects mine production to remain stable at 1,170 tonnes in the first half, it predicts investment demand for bars may climb 49% to 201 tonnes, while consumption from jewelers and other fabricators probably could drop 4% to 1,254 tonnes.
Demand for gold has been hit by the downturn from the jewellery and industrial sectors, while demand for coins and investment in physical metal has been very strong for months. Many producers of specialist gold coins and other products have a long waiting list of clients wanting to buy.
On the supply side GFMS said gold output in South Africa in 2008 fell by the largest amount in 107 years, pushing the country into third place in the league of global producers behind China and the US.
The country’s gold output dropped by an estimated 14%, the sharpest decline since 1901.
South Africa gold production was a provisional 232 tonnes, down 38 tonnes on 2007, thanks to power supply limitations, an industry-wide skills shortage and an overhaul of mine safety procedures.
China extended its lead as the world’s largest gold producer, with output up 3% last year to 288 tonnes while output in the US eased 2% to 234 tonnes.
GFMS said the fall in South African output contributed to a substantial drop in global mine production which sank 3.6% to 2,385 tonnes, the lowest level since 1995.
Selling by central banks dropped sharply in 2008, down 42% from 2007 to 279 tonnes, the lowest annual total since 1996.
GFMS said it expected central banks to sell 127 tonnes of gold in the first half of 2009, down 23% on the same period of 2008.
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Feb
26
Secrets of Gold Buying and Selling!
Filed Under Finance | Leave a Comment
Sam Ness
ould you invest in gold today? Because of the uncertaing economic times, with banks exposed for their tardy lending practices and wasting capital, gold is the commodity you want to have. Yes, as far as the security of your investment is concerned, nothing beats gold. Buying and selling gold can also bring you serious profits, and you don’t have to be a jeweler or a gold trader, to do just that.
ould you invest in gold today? Because of the uncertaing economic times, with banks exposed for their tardy lending practices and wasting capital, gold is the commodity you want to have. Yes, as far as the security of your investment is concerned, nothing beats gold. Buying and selling gold can also bring you serious profits, and you don’t have to be a jeweler or a gold trader, to do just that.
There are many reasons as to why people would sell gold at the moment. More and more people sell their jewelry, to pay the bills, as the credit crunch bites. As a result gold dealers are thriving. However, selling gold coins and jewelry is a world away from using the precious metal to make gold investments. When you buy and sell gold in that capacity then you will find it much more exhilarating and profitable.
To buy and sell gold now, would be a very shrewd investment move. This might seem a little like stating the obvious but it is a fact worth pointing out given that property, businesses and stocks have lost an awful lot in terms of their value in the recent past. In unstable economic and political situation, gold tends to hold its value better than any other forms of investment. Of course, the price when you sell gold always mirrors demand but it might be just the thing to put your mind at rest in the era of bank corruption and tumbling stocks and shares. So what exactly is gold investing and how could you buy and sell gold? Well, it is not as hard as most people believe it to be and certainly is not as complicated as it would be if you chose to invest in the stock market!
If you want to buy and sell gold for gold investment purposes then you should start by looking into the institutions and companies that can help you to do just that. For those who want to go big, investing in gold bars will be easy, with banks providing the credit needed. You might also be offered the choice to make an investment in a gold mining company by institutions that sell gold company shares as well. Stocks are not as resilient as gold. As with any company, if there are changes in management or problems within the company itself then the share price will go down. The gold price will not. Stick to actual gold if you can.
Yes, gold coins are much more popular amongst small investors than gold bullion and bars. Coins are my favorite form of gold investment, as they are easy to trade. Similarly, you will find it easier to sell gold in precise amounts rather than trying to sell gold bars that are big and might not be what buyers are looking for at that moment! If you are looking to buy and sell gold then make sure that your investment is secure at all times. A safe deposit box at your investing institution might be a good idea, as might employing a really reputable company to manage your investment. Never do anything that you do not feel comfortable with though if you want to maximize your return.
Nov
14
Gary Giardina
People like the look of gold, and they’ll do what they can to get it. Even though it costs more now, people still want it. If you’re interested in investing in gold, do some research before you shell out the money for it.
Here’s some things you should know before you take that big, financial leap:
In addition to gold coins, there are different ways that you can you can invest. You can use metals, mutual funds, mining company stock, or futures, as additional ways to make investments with gold. You can also invest in gold using bars, if you wish.
You can get more information by going to a metal dealer. Or you can search online to find some reputable ones. If you are a first time investor, it might be better for you to visit a facility to speak with a dealer in person.
If you have a lot of questions, you should write them down. Find out how long the dealer has been established. If they’ve been there a while, chances are they are very knowledgeable about what they do.
You’ll want to educate yourself before you visit with a dealer. That way, you’ll have an idea of how investing in gold really works. You’ll also find out if what the dealer is telling you lines up with your research.
If you do decide to pursue this, you should also think about investing in gold stocks and funds. It’s been proven that gold funds are a reliable choice to invest in. However, when you’re dealing with stocks, you’re dealing with a single entity. That means the gold stocks are not diversified and your investment isn’t as reliable as gold funds.
When you’re trying to decide what you’re going to purchase, don’t be in a hurry to make a decision. Don’t buy the first thing you see because you may regret the purchase later. All gold pieces are not easy to sell if you want to get rid of them.
You can also purchase certificates as an alternate option. This for you, would solidify that you own a piece of gold.
When researching about gold, find out how much it would be worth if it was kept polished and free of nicks and scrapes? What about if it’s not so polished? More than likely, it won’t be as much as the former. The better you maintain your gold, the better price you can get for it.
Investing in gold futures is for those who can afford to take the risk. If you’re just starting out and don’t have the money to risk for it, then you should pass on this for now. With futures, you have to be certain that you can handle the volatility of this segment.
Futures is considered a financial risk because you have to constantly figure out whether the price of gold will go up or down. Sometimes you may hit it on the head, other times you may not. If you get involved in this, you will have to either buy or sell for a certain price. The dependence on how much the gold is worth during that time determines how much money you will make.
Investing in gold can be lucrative, but you have to know what you’re doing when you get involved in it.
People like the look of gold, and they’ll do what they can to get it. Even though it costs more now, people still want it. If you’re interested in investing in gold, do some research before you shell out the money for it.
Here’s some things you should know before you take that big, financial leap:
In addition to gold coins, there are different ways that you can you can invest. You can use metals, mutual funds, mining company stock, or futures, as additional ways to make investments with gold. You can also invest in gold using bars, if you wish.
You can get more information by going to a metal dealer. Or you can search online to find some reputable ones. If you are a first time investor, it might be better for you to visit a facility to speak with a dealer in person.
If you have a lot of questions, you should write them down. Find out how long the dealer has been established. If they’ve been there a while, chances are they are very knowledgeable about what they do.
You’ll want to educate yourself before you visit with a dealer. That way, you’ll have an idea of how investing in gold really works. You’ll also find out if what the dealer is telling you lines up with your research.
If you do decide to pursue this, you should also think about investing in gold stocks and funds. It’s been proven that gold funds are a reliable choice to invest in. However, when you’re dealing with stocks, you’re dealing with a single entity. That means the gold stocks are not diversified and your investment isn’t as reliable as gold funds.
When you’re trying to decide what you’re going to purchase, don’t be in a hurry to make a decision. Don’t buy the first thing you see because you may regret the purchase later. All gold pieces are not easy to sell if you want to get rid of them.
You can also purchase certificates as an alternate option. This for you, would solidify that you own a piece of gold.
When researching about gold, find out how much it would be worth if it was kept polished and free of nicks and scrapes? What about if it’s not so polished? More than likely, it won’t be as much as the former. The better you maintain your gold, the better price you can get for it.
Investing in gold futures is for those who can afford to take the risk. If you’re just starting out and don’t have the money to risk for it, then you should pass on this for now. With futures, you have to be certain that you can handle the volatility of this segment.
Futures is considered a financial risk because you have to constantly figure out whether the price of gold will go up or down. Sometimes you may hit it on the head, other times you may not. If you get involved in this, you will have to either buy or sell for a certain price. The dependence on how much the gold is worth during that time determines how much money you will make.
Investing in gold can be lucrative, but you have to know what you’re doing when you get involved in it.
Oct
12
Brian Garvin
Let’s face it, even during troubled times in this current economic environment, gold always seems like a good investment. You kind of get the same feel from the Guide to Private Gold Investing Gold Investments Home Study Course when your eyes first hit their sales page. One of the big problems regarding why people don’t invest in it is because they simple aren’t in tune with the knowledge that surrounds gold. Therefore it leaves an opening for people like yourself to make an even bigger profit then what you previously thought.
Is Gold a Good Investment?
Excuse me, but it’s a little concerning when folks think they can just sit on the recliner, view some television, and get wealthy. We fathom that you can ultimately, but at the inception, you have to work and according to the Guide to Private Gold Investing Gold Investments sales site, this is no different. The great news is, he says you won’t need to do a multitude of work, but enough to get the ball rolling before you can sit back on your most favorable couch and enjoy life.
How long does it take to earn a lot of extra green backs with Gold As An Investment and assuming you’re dealing with the Best Gold Investment Online? We aren’t absolutely certain, but as we continue down the Easy Gold Investment sales page, we have a feeling he’s going to share that with us soon. The main thing is that these Online Gold Investment Tactics have been beaten down, tested, and tested some more. So it’s not some off the wall that someone came up with one night and decided to transform it into a digital course to make green backs from it whether the course worked or not. According to the data we discovered, it works to a “T”.
Education You Will Receive With the Guide to Private Gold Investing System
Gold Investing works for everyone. And yes even first timers just getting their feet wet and trying it out. When you hit their sales letter, you’ll notice there are specific instructions for beginners to get started on the right foot. You also see reviews comparing Gold to alternative Investment Vehicles, and why it is a more prudent long-term decision to make with your finances. This system will work for anyone, neophytes or seasoned industry pros. Even if you’ve never put up money for gold before, you’ll soon notice it’s not a hard learning curve at all.
Assessing adverse risk is without exception a primary concern when investing, and according to the Books On Gold as an Investment they show you how to make sure your Investment in Gold pays off for you, along with managing your portfolio, and basically understanding anything and everything about the industry itself. Most likely their most unabated point is that you can go from neophyte to becoming a master in a matter of just hours just from glancing over all the data that the Guide to Private Gold Investing System has to offer.
Our Overall Overview
Once you get to the point where they quote everything that is offered, you’ll soon appreciate this course is jam packed with solid, useful real-time data. While they just illustrate to you twenty diverse things, they boast about how there is much more to this program. We discovered that it was good to analyze a sales page that deals with questions and answers. Basically helping you overcome obstacles that you would be speculating about after you made the purchase for this product. This dissolves lots of initial buyer fear and apprehension.
We can’t tell you if the Private Gold Investing Gold Investments Home Study Course will work for you. That depends solely on your goals, ambitions and if you have a true desire to learn about and participate in this thriving industry. There’s practically no learning curve, so the question boils down to if you think this could be what you want. Gold is less risky than silver according to the author. We also know from personal experience people we’ve talked to who swear by this as a solid vehicle for long-term success. Whatever your decision, go in good hands and we wish you the very best of luck in the future.
Let’s face it, even during troubled times in this current economic environment, gold always seems like a good investment. You kind of get the same feel from the Guide to Private Gold Investing Gold Investments Home Study Course when your eyes first hit their sales page. One of the big problems regarding why people don’t invest in it is because they simple aren’t in tune with the knowledge that surrounds gold. Therefore it leaves an opening for people like yourself to make an even bigger profit then what you previously thought.
Is Gold a Good Investment?
Excuse me, but it’s a little concerning when folks think they can just sit on the recliner, view some television, and get wealthy. We fathom that you can ultimately, but at the inception, you have to work and according to the Guide to Private Gold Investing Gold Investments sales site, this is no different. The great news is, he says you won’t need to do a multitude of work, but enough to get the ball rolling before you can sit back on your most favorable couch and enjoy life.
How long does it take to earn a lot of extra green backs with Gold As An Investment and assuming you’re dealing with the Best Gold Investment Online? We aren’t absolutely certain, but as we continue down the Easy Gold Investment sales page, we have a feeling he’s going to share that with us soon. The main thing is that these Online Gold Investment Tactics have been beaten down, tested, and tested some more. So it’s not some off the wall that someone came up with one night and decided to transform it into a digital course to make green backs from it whether the course worked or not. According to the data we discovered, it works to a “T”.
Education You Will Receive With the Guide to Private Gold Investing System
Gold Investing works for everyone. And yes even first timers just getting their feet wet and trying it out. When you hit their sales letter, you’ll notice there are specific instructions for beginners to get started on the right foot. You also see reviews comparing Gold to alternative Investment Vehicles, and why it is a more prudent long-term decision to make with your finances. This system will work for anyone, neophytes or seasoned industry pros. Even if you’ve never put up money for gold before, you’ll soon notice it’s not a hard learning curve at all.
Assessing adverse risk is without exception a primary concern when investing, and according to the Books On Gold as an Investment they show you how to make sure your Investment in Gold pays off for you, along with managing your portfolio, and basically understanding anything and everything about the industry itself. Most likely their most unabated point is that you can go from neophyte to becoming a master in a matter of just hours just from glancing over all the data that the Guide to Private Gold Investing System has to offer.
Our Overall Overview
Once you get to the point where they quote everything that is offered, you’ll soon appreciate this course is jam packed with solid, useful real-time data. While they just illustrate to you twenty diverse things, they boast about how there is much more to this program. We discovered that it was good to analyze a sales page that deals with questions and answers. Basically helping you overcome obstacles that you would be speculating about after you made the purchase for this product. This dissolves lots of initial buyer fear and apprehension.
We can’t tell you if the Private Gold Investing Gold Investments Home Study Course will work for you. That depends solely on your goals, ambitions and if you have a true desire to learn about and participate in this thriving industry. There’s practically no learning curve, so the question boils down to if you think this could be what you want. Gold is less risky than silver according to the author. We also know from personal experience people we’ve talked to who swear by this as a solid vehicle for long-term success. Whatever your decision, go in good hands and we wish you the very best of luck in the future.
Oct
9
Gold Coins and Gold Bullion Remain a Safe Place For Your Money
Filed Under Finance | Leave a Comment
Peter Sicoli
The Bull and The Bear are continuing to bang heads. Wall Street and even Main Street USA, and I am sure even your street is in shambles. The banking system is melting before our eyes and is in total chaos. The bankers, all the smart players are demanding a bailout. They have ripped us off, lined their pockets and are smoking a big cigar bought with their fat wallets and they want help! The only bailout plan should be the bankers getting bailed out of jail for this mess, the mess that has almost crippled our economy and the mess that they have put us into. So as we sit around wondering what’s next, now we need to ask ourselves… Are there any safe places to put your money in this time of the weak Dollar, while all of the financial lenders go belly up, with the oil market a ticking time bomb, with wild fluctuations in the stock market? There is hope for that safe haven. You need to follow this advise, you need to act now, this is not a doom and gloom scare tactic, it is simple real life mathematics. We say park your cash in: gold. Yes Gold! Whether it is coins, bullions, or Kruggerands, gold has historically been a safe haven for your hard earned cash. That is not about to change any time soon, if ever.
The California Gold rush is a well documented example of how far back gold has been popular. In fact, we can go back thousands of years to trace the investment lineage of gold. Gold has historically and will continue to be a solid investment! Think about this, gold is an item you can hold in your hand, that alone is a main reason why it is so valuable. It is an item you can hold, wear around your neck or store in a safe. It’s not an abstract number in a computer bank that rises or lowers by market movers who have no clue. It’s not spat out by a magic money tree in the basement the Federal Reserve. It is produced by mother earth and all her wonderful resources. Gold, to this day has to be mined by gold miners and separated from the earth. Gold is virtually impossible to become worthless, along with silver it is what all paper and minted money is supposed to be backed by in all countries around the globe. Everywhere you can think of, world economies depend on the price of gold, and more importantly the economies need the value of it to be maintained in a positive manner.
The history of our economy has always been whenever derivative money such as the Dollar have shown times of volatility, causing stocks and bonds to go on a wild ride, that is when most seasoned and wise investors have turned to gold and precious metals as a place to not only invest but to protect their hard earned precious wealth. Way back when gold was first discovered, gold has always been the rock upon which all currency and wealth is built upon. Stocks, bonds, oil, pork bellies, orange juice futures and other commodities, can collapse any day, gold will never collapse. The original money known to mankind is, that’s right gold. You can wake up one morning, or return from work one day and in an instant The Dollar can become worthless on the FOREX, but gold will never lose any of its value. If the Dollar were to become worthless, then investors would be pushing up the value of gold, driving the price to historic levels, and investing much more of their money in it! That will be an all time Gold Rush, and your pockets will be lined with golden dollar signs.
Now, I do not want to get your hopes up, in fact the Dollar going to zero is not a realistic scenario. But now that we have your attention we are just exaggerating to make a point–a very realistic point that gold as an investment really has some true merit. Gold coins and gold bullion have been magnificent investments for a long period of time. We do not see this changing and the more troubled times that occur in the speculative stocks and bond markets, thanks to a few greedy people, the better gold coins and bullion become as investment vessels. Gold will always remain a smart investment choice, perhaps one of the few, safe outstanding plays for a college fund. If college is still greater than 15 years out, then a play on gold, may in fact be a safe haven for a few of those “golden” eggs. In other words get into gold when your child is born and just tuck it away for the first college day.
Now, let’s look at what may not be fun to review, but is probably a good time to discuss the facts, and that is a few hard economic realities. First things first, the value of gold and the other precious metals, always reflects global inflation. Inflation is caused by the increased circulation of derivative or fiat monies. Inflation, even if it were to slow down now (very, very unlikely), is a hard reality of modern economics; thus, the value of gold will continue to rise. All the precious metals will continue to see an increase over the next decade and beyond.
For another thing, does it seem to you that geopolitical uncertainties are going do just vanish anytime soon? Yea, OK! There are way too many world leaders that have an agenda that is self centered and dangerous. Turmoil amongst world leaders is only going to worsen over the next few years. The world, especially some of its world leaders is crazy with greed. There are more than enough of crazy “leaders” in the world, plenty of people who will kill you for their fanatical cause, will keep the price of gold at all time highs. As the planet generally grows wealthier, while on the one hand that gives more opportunities for more people to do well, it also provides more opportunities for people to do wicked things. World financial markets, regardless of the country do not like the risk with this political chaos. These are threats to world economies and to the wealth of these world leaders. And yet, the smart and wise investors continue, year after year to profit from this kind of risk. And they know that perhaps the very best way to profit from risk is investing in gold and other precious metals. When markets grow more destabilized, which seems to be happening most of the time, the price of gold and precious metals goes up, because people around the world value it more.
There is always risk to the stocks and bond market anyway. No different than betting on some sports action in Vegas or a long shot at the races, the larger the risk or odds, the greater the return Smart investors and wise gamblers know that greater risk taking, if done right, leads to greater profits and earnings. But, those bigger profits are also less certain profits. Yet with gold, the riskiness has a very strong and historically proven tendency to drive up the value of the precious metal. So it can be said that with gold investments, greater risk basically GUARANTEES greater profits!
Remember, whenever the markets experience some turmoil, people start placing their money into more solid things. People want to be able to sleep comfortably at night; they need the comfort that their nest eggs are protected. They want less speculation, less derivation, and more concrete stuff. When stocks and mutual funds are reeling, gold coins and gold bullion are rising. For they are the stuff and the foundation that economies are made of and provide the true value that investors seek. Beginning today you should start building your core foundation of gold coins and gold bullion investments. For more information please visit us at http://www.investyourmoney2.com
The Bull and The Bear are continuing to bang heads. Wall Street and even Main Street USA, and I am sure even your street is in shambles. The banking system is melting before our eyes and is in total chaos. The bankers, all the smart players are demanding a bailout. They have ripped us off, lined their pockets and are smoking a big cigar bought with their fat wallets and they want help! The only bailout plan should be the bankers getting bailed out of jail for this mess, the mess that has almost crippled our economy and the mess that they have put us into. So as we sit around wondering what’s next, now we need to ask ourselves… Are there any safe places to put your money in this time of the weak Dollar, while all of the financial lenders go belly up, with the oil market a ticking time bomb, with wild fluctuations in the stock market? There is hope for that safe haven. You need to follow this advise, you need to act now, this is not a doom and gloom scare tactic, it is simple real life mathematics. We say park your cash in: gold. Yes Gold! Whether it is coins, bullions, or Kruggerands, gold has historically been a safe haven for your hard earned cash. That is not about to change any time soon, if ever.
The California Gold rush is a well documented example of how far back gold has been popular. In fact, we can go back thousands of years to trace the investment lineage of gold. Gold has historically and will continue to be a solid investment! Think about this, gold is an item you can hold in your hand, that alone is a main reason why it is so valuable. It is an item you can hold, wear around your neck or store in a safe. It’s not an abstract number in a computer bank that rises or lowers by market movers who have no clue. It’s not spat out by a magic money tree in the basement the Federal Reserve. It is produced by mother earth and all her wonderful resources. Gold, to this day has to be mined by gold miners and separated from the earth. Gold is virtually impossible to become worthless, along with silver it is what all paper and minted money is supposed to be backed by in all countries around the globe. Everywhere you can think of, world economies depend on the price of gold, and more importantly the economies need the value of it to be maintained in a positive manner.
The history of our economy has always been whenever derivative money such as the Dollar have shown times of volatility, causing stocks and bonds to go on a wild ride, that is when most seasoned and wise investors have turned to gold and precious metals as a place to not only invest but to protect their hard earned precious wealth. Way back when gold was first discovered, gold has always been the rock upon which all currency and wealth is built upon. Stocks, bonds, oil, pork bellies, orange juice futures and other commodities, can collapse any day, gold will never collapse. The original money known to mankind is, that’s right gold. You can wake up one morning, or return from work one day and in an instant The Dollar can become worthless on the FOREX, but gold will never lose any of its value. If the Dollar were to become worthless, then investors would be pushing up the value of gold, driving the price to historic levels, and investing much more of their money in it! That will be an all time Gold Rush, and your pockets will be lined with golden dollar signs.
Now, I do not want to get your hopes up, in fact the Dollar going to zero is not a realistic scenario. But now that we have your attention we are just exaggerating to make a point–a very realistic point that gold as an investment really has some true merit. Gold coins and gold bullion have been magnificent investments for a long period of time. We do not see this changing and the more troubled times that occur in the speculative stocks and bond markets, thanks to a few greedy people, the better gold coins and bullion become as investment vessels. Gold will always remain a smart investment choice, perhaps one of the few, safe outstanding plays for a college fund. If college is still greater than 15 years out, then a play on gold, may in fact be a safe haven for a few of those “golden” eggs. In other words get into gold when your child is born and just tuck it away for the first college day.
Now, let’s look at what may not be fun to review, but is probably a good time to discuss the facts, and that is a few hard economic realities. First things first, the value of gold and the other precious metals, always reflects global inflation. Inflation is caused by the increased circulation of derivative or fiat monies. Inflation, even if it were to slow down now (very, very unlikely), is a hard reality of modern economics; thus, the value of gold will continue to rise. All the precious metals will continue to see an increase over the next decade and beyond.
For another thing, does it seem to you that geopolitical uncertainties are going do just vanish anytime soon? Yea, OK! There are way too many world leaders that have an agenda that is self centered and dangerous. Turmoil amongst world leaders is only going to worsen over the next few years. The world, especially some of its world leaders is crazy with greed. There are more than enough of crazy “leaders” in the world, plenty of people who will kill you for their fanatical cause, will keep the price of gold at all time highs. As the planet generally grows wealthier, while on the one hand that gives more opportunities for more people to do well, it also provides more opportunities for people to do wicked things. World financial markets, regardless of the country do not like the risk with this political chaos. These are threats to world economies and to the wealth of these world leaders. And yet, the smart and wise investors continue, year after year to profit from this kind of risk. And they know that perhaps the very best way to profit from risk is investing in gold and other precious metals. When markets grow more destabilized, which seems to be happening most of the time, the price of gold and precious metals goes up, because people around the world value it more.
There is always risk to the stocks and bond market anyway. No different than betting on some sports action in Vegas or a long shot at the races, the larger the risk or odds, the greater the return Smart investors and wise gamblers know that greater risk taking, if done right, leads to greater profits and earnings. But, those bigger profits are also less certain profits. Yet with gold, the riskiness has a very strong and historically proven tendency to drive up the value of the precious metal. So it can be said that with gold investments, greater risk basically GUARANTEES greater profits!
Remember, whenever the markets experience some turmoil, people start placing their money into more solid things. People want to be able to sleep comfortably at night; they need the comfort that their nest eggs are protected. They want less speculation, less derivation, and more concrete stuff. When stocks and mutual funds are reeling, gold coins and gold bullion are rising. For they are the stuff and the foundation that economies are made of and provide the true value that investors seek. Beginning today you should start building your core foundation of gold coins and gold bullion investments. For more information please visit us at http://www.investyourmoney2.com