The price of gold itself is up over 50% from its lows in 1999. Graded
gold coins are up 70% in the last three years. Futures and options on
gold have soared. Who knows how many thousands of percent you'd have
made by investing in gold?
There are many major factors that make gold a great investment right now.
Gold coin sale
is still cheap, while stocks are expensive. In January of 1980, both
the Dow Industrials and the price of gold were at the same level: 800.
Now, nearly 24 years later, the Dow is near 10,000, while gold is less
than half its January 1980 value. There are some great opportunities in
gold stocks.
Governments will make our money worth less to pay off their record
debts. Governments can print money to pay off their debts. But they
can't create gold. The supply of paper money can be infinite. But the
supply of gold is extremely limited (they say that the entire gold
production in the history of the world could fit on the basketball
court.
Gold should do well in extreme bear markets. Silver more than doubled
in value from 1932 to 1936 during the Great Depression (the price of
gold was fixed by the government). The next long bear market was
1968-1980. Silver rose from around $2 in 1968 to a peak near $50 in
1980.
Gold stock will rise during inflation… and during deflation. Investing
in gold is good inflation protection… gold rises as the value of the
dollar falls. As the government lowers interest rates significantly and
wildly prints money (creating inflation) to offset that deflation…
leading to substantially higher gold prices. This is where we are now,
and gold has done what it's supposed to do.
When you
buy gold coins,
you lower risk in your investment portfolio. In the past, gold has
tended to do the opposite of stocks…it skyrocketed in the 1970s, when
stocks did horribly. Then in the 1980s and 1990s, when stocks soared,
gold lost over half its value. Now in the new millennium gold has
soared while stocks are still below their year 2000 highs I consider
these to be the best opportunity right now. While gold stocks are up
nearly 500%, investment grade gold coin investment
(those
that carry a grading of Mint State (MS) 63 or higher from the grading
agencies PCGS or NGC) are 'only' up 70%. These coins peaked in value in
1989. They subsequently fell by 85%, bottoming in 2001. There is still
100% upside on the table here, and your downside is limited (since
you're close to meltdown value).
To own gold directly, you can buy common gold coins or small bars of
gold. Common gold coins are known as 'bullion' coins. These include
popular coins like Krugerrands or Canadian Maple Leafs, and they cost
just a few dollars more than the current price of gold. These don't
have extraordinary upside or downside, they simply move with the price
of gold.
Are you ready to invest in precious metals? Coins and bars bullions are
the choice of any smart investor under the current financial
circumstances of world economics. While the paper dollar is still
devaluating, your gold investment will only increase in value.Reputable
sellers online can provide direct access for your immediate investments
in precious metals such as gold bars.
Inventory of Coins and Bullions Include many types of
Bullion Coins like
American Gold Eagles, Gold Bullion Coins and bars. In the future, coins and Bullions will expand by including jewelry and gift items.