An article from the International Monetary Fund recently said that Europe is facing a financial crisis that has started a “dangerous new stage” and has the possibility of paralyzing global economic growth even with the best of circumstances. Things are only looking worse for Europe with warnings of more instability in the near future causing a breakdown in lending, investment and production that would bring forth a brutal recession in Europe, in contrast of what the IMF is expecting which is a mild recession. According to the current World Economic Outlook released by the … [Read more...]
Why are Semi-Numismatic Coins and Silver Coins Favorable to Investors?
In order to give you a good understanding let me first give you the definition of numismatic. Wikipedia defines it as the study or collection of currency, including coins, tokens, paper money, and related objects. The government would say that numismatic is gold coins having a recognized special value to collectors. When obtaining gold coins for your portfolio the Governments definition is the one to keep in mind. It also directs you to know which coins are subject to confiscation and which ones are not. This brings us to the guiding question of this article. There are people in the coin … [Read more...]
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