Can Gold Overcome the Financial Crisis?

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...]

Performance of US Mint Gold Coins

gold  coins

Q1 2011 saw 14% drop in US minted gold coins sales due to rising gold prices. But the end of June 2011 saw a flurry of activity among gold investors and traders over many U.S. gold coins. The US minted gold coins’ sales figures for the first half of 2011 are as follows: American 1oz. Gold Buffalo at $78,000 American 1 oz. Gold Eagle at $503,500 American ½ oz. Gold Eagle at $55,000 American ¼ oz. Gold Eagle at $64,000 American 1/10 oz. Gold Eagle at $250,000 Julia Grant Gold coin (First Spouse)September 11, 2011 had the first production of First Spouse and National Medal gold … [Read more...]

What Options a Gold Trading Company Typically Offers

gold trading

On November 2009, gold trading companies sold gold at a record high price of $1409.26 per ounce. Many of us, especially those who have started trading in recent years, may not remember that on April 2, 2001, the price of gold was $255.95. However, the steep fall in the dollar value in the global currency market and inflation have given gold prices a major push. Another factor that accounted for the rise in the price of gold is its ever increasing demand. Gold Trading Company: What are the Major Investment options? Those who are looking forward to invest in gold must check out all the … [Read more...]