There is really only one thing you need to succeed at gold investing
Posted by Adam King on December 01, 2010
December 01, 2010 – There is really only one thing you need to succeed at gold investing – common sense. But lately that is a commodity that seems in to be in very short supply.
Common sense dictates that the fair market price is a product of social and economic conditions which are very slow to change – in other words, the real value of gold coins is best represented by the average trend over time. Since mid-October, however, the price of gold has been particularly volatile despite little significant change in world conditions.
At the core of the current upward trend in gold’s value is safe haven investment, a hoarding mentality that is resistant to volatility in prices. However, there are significant numbers of fence sitters whose erratic movement into and out of the market causes unpredictable peaks and valleys in the gold price.
Their relative immunity to short term variations in the price of gold is one of the strongest attributes of certified gold coin investments, making them an ideal asset for anyone seeking safe haven for their wealth. Investors concerned about long term wealth preservation are steadily driving up demand for rare gold coins creating steady growth not only in the gold content of the coins but in the rarity premium as well.
Common sense tells us that everyone who is seeking shelter from today’s global economic storms but is wary of the commodity market’s volatility should seriously consider rare gold coins. Time has proven that rare gold coins maintain their value and offer unparalleled security and stability through the most perilous economic conditions.
For peace of mind, certified gold coin investments are just common sense.
Stewart Lawson
Senior Staff Writer – Certified Gold Exchange
Categories:
US Gold Market