Certified Gold Coin Investment
Posted by Adam King on October 27, 2010
October 27, 2010 – Gold prices took a dip in reaction to China’ s recently announced increase in
its benchmark interest rate, but is that really cause for concern about your gold investment? The
answer to that question is a definite no.
The Chinese announcement ignited activity in the currency market that briefly strengthened
the dollar against other currencies, which in turn softened the price of gold. The conversion of
Comex futures options purchased against a stronger dollar to futures contracts coupled with
stronger than expected consumer confidence will likely dampen gold’ s resurgence, but concerns
about the overall economy and the strong possibility of “ quantitative easing” of the dollar
promise continued strong returns on gold investments.
None-the-less, heavy speculation in currencies increases the uncertainty of gold investing
extending into the near future. For that reason certified gold coins are even more attractive for
gold investment today. Unlike bullion, the value of rare gold coins is far less subject to the
whims and fears of speculators, making them the ideal hedge against declining global currencies.
The long term prospects for certified gold investing remain exceptionally good into the
foreseeable future. Until after our national debt is brought under control, unemployment returns
to an acceptable level, global economies stabilize, and our trade deficit disappears can we expect
to see today’ s feverish growth in gold investments begin to cool.
Picking the right moment to make gold investments while the market is reacting to instability
in currencies can be a frustrating experience. For those seeking peace of mind in their gold
investing, certified gold coins are the perfect answer. Please feel free to avail yourself of
the many valuable certified gold investment resources provided here by the Certified Gold
Exchange.
Stewart Lawson
Senior Staff Writer – Certified Gold Exchange
Categories:
US Gold Market