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Gold Wins for Most Americans

June 28, 2012 by
gold

CNBC recently conducted a survey on an All-American Economic outlook where investors termed gold to be the “best investment” compared to stocks or real estate. Gold has gained a huge attraction and following with no known boundaries in terms of income levels, geographic regions or political parties. Good investment Such results coincides with that of a Gallup poll where 34% of Americans claimed gold to be their most favored long-term investment; this entity is preferred over other types of investments with real estate at 19% and stocks at 17%. Perception It was concluded that … [Read more...]

Filed Under: Gold Bullion, Gold Market, Gold Prices, Gold Trading Tagged With: , , ,

Coin Grading and Certification

June 28, 2012 by
rare penny

Coin collectors and investors prefer to source out coins that have a good grading. Such a rating allows the coin to be indemnified with a market value that is to the benefit of coin collectors and investors. Grading Procedure Grading a coin is the necessary procedure undertaken to determine the rightful condition or grade of a coin. Hence, it is important to have the coin graded to ensure its rightful value from its scarcity and demand factors which determine the coin’s value to any coin dealer, collector or investor. There are several processes in grading a coin. The coin must be … [Read more...]

Filed Under: Rare Gold Coins Tagged With: , , , ,

China and Gold Hoarding

June 27, 2012 by
china gold

China was found to be purchasing more gold recently compared to their past acquisition pattern; these purchases were made through Hong Kong. China was reported to have imported about 102.8 metric tons in the month of November alone with a $5.4 billion based on January 11, 2011 trade data. Attention grabbing China’s gold purchases have caught many parties’ eye and concerned parties are wondering about that country’s massive gold purchases. Gold is known to hold strong purchasing power although it seems expensive to buy and people are concerned about its bubble bursting some time … [Read more...]

Filed Under: Gold Bullion, Gold Market, Gold Prices, Gold Trading Tagged With: , , , ,

Gold as another Option to the US Dollar

June 15, 2012 by

A lot of worry is going on across the world about the dollar being frail and that it is going to be coming across some hard times. There is good reason for the worry because in the past when the government has driven money out into the market place it has caused inflation, and over the last 18 months the government has printed 2.5 times our money supply. If we look back in time we will see where the over printing of money has created a loss in its value followed by a collapse. A well-known example of a time where this occurred was from 1919 to 1923 in Germany where gold went from 170 Deutsche … [Read more...]

Filed Under: Gold Trading Tagged With: , , ,

Gold and Silver as a Substitute for Cash

June 15, 2012 by

The state of Virginia presented House Joint Resolution Number 557 on January 12, 2011 to put together a group to learn whether the Commonwealth should implement a different type of currency in case the Federal Reserve/dollar was to collapse. This morning I read the proposal that was put together and I was astonished. I believe that this proposal was a brave and clever move; something that we should all bear in mind for ourselves. The text sites a Supreme Court ruling that the states can protect their citizens well being, land, and lives. Which comprises of the preservation of a sufficient … [Read more...]

Filed Under: Gold Market Tagged With: , ,

Financial Combat

June 15, 2012 by

We are currently in a time where purchasing and investing in gold coins and bars are something everyone should consider doing. Each month in dealing with the slow economy and the deficits our government is relying on the borrowing of more money and the printing of fiat currency via the Federal Reserve. Money saved becomes devalued as each dollar printed lessens the value of those already in the system, not to mention the lowest interest rates on savings in history. According to the Federal Reserve the inflation rate has been low and they are planning on attaining increased rates in the … [Read more...]

Filed Under: Gold Market Tagged With: , ,

Exchanging with Gold and Silver

June 15, 2012 by

Something that could become a reality in the near future due to the dollar losing it’s value is going to the store and purchasing a gallon of milk with 1/10th ounce of silver, or a pre- 1965 dime. Kind of hard to imagine but some states are actually trying to make this happen in an advance of any type of dollar collapse. In the past people used gold and silver as money, in fact between 1795 and 1933, gold, silver and paper dollars were used concurrently for spending. Quarters and dimes were composed of silver until 1965. When President Nixon removed the backing of the dollar with gold in … [Read more...]

Filed Under: Gold Trading Tagged With: , ,

Can Gold Overcome the Financial Crisis?

June 15, 2012 by

Gold is a great tool for getting through a financial crisis. Some examples of when gold is favorable is when there is instability in the stock market, inflation/hyperinflation, global debt crisis, banking problems, and over printing of money/collapse of the dollar. For over 5,000 years people have found gold to be very valuable. Through the advancement of technology, civilization plunging, and money coming and going, gold has held its value.  To this day gold is considered the ultimate store of value.  Case in point, look at the worlds 2nd largest country by population, India, there the … [Read more...]

Filed Under: Gold Market Tagged With: , , ,