It’s really interesting to look at a graph of the gold prices of the last fifty years beside a graph of the stability of the economy of the past fifty years. If you could transpose one onto the other and leave the timelines the same, you might notice that they are exactly opposite. When the economy dips, the gold price rises. When the gold price dips, the economic stability rises.
Browsing archives for June, 2010
Have you considered the option to buy silver bars? Silver is a chemical element that has been considered a rare commodity by mankind for thousands of years. It is commonly used in decoration, jewelry and other ornamentation. Silver also has great symbolic meaning. Silver is frequently associated with weddings and celebration. Silver coinage also dates back to ancient civilization. It is commonly referenced in the Hebrew and Greek scriptures. One of the most notorious silver deals in history was the purported betrayal of Jesus Christ by Judas Iscariot for 30 pieces of silver. Historically speaking, slag heaps found in Asia Minor prove that silver was being separated from lead as early as the 4th century B.C. Silver was also used in Greek and Roman civilizations, all the way up until the Middle Ages.
Investing in the market today can be both tricky and confusing. Finding an investment method that can withstand potential economic devaluation or even collapse is almost impossible if you don’t know where to look, and ensuring that your investments are tangible and not based on the value of the dollar is important. For many investors, the best place to start is with the purchase of American Eagle gold coins. These coins are quite valuable and are an excellent store of value independent of the performance of the dollar or any other fiat currency.
A casual collector or investor cannot certify a rare coin. What you can do, however, is see if it’s worth it to get the coin certified by a professional in the industry. This is really not too difficult. All you have to do is see if there’s a good reason to believe that you have [...]
Gold is a precious metal. The demand for it outweighs its supply; therefore, it is always highly valued and prized. More than an instrument of trade, gold is a store of value. This is proven since most of the gold ever mined still exists and is even valued at more than when it was first mined. Therefore, gold preserves its value even with time. This is one reason investors buy gold.
As an investor, you don’t track gold’s quarterly earnings or look for annual earnings reports. Instead, to keep tabs on your gold investments, you watch the price of gold per ounce very carefully. Of course, you don’t have to have been watching very carefully to notice that the price of gold has been hitting record highs.