Investing In Certified Gold Coins
Posted by Adam King on November 20, 2009
November 20, 2009 – Investing in certified gold coins is relatively simple, so many investors have decided to vest a portion of their wealth in the certified coin market. This is evidenced by the average 11.8% gain that PCGS coins have made in the last month, and market analysts believe that these coins could potentially increase a great deal more than bullion products over the next 10 years. Coins like the MS65 $20 Saint Gaudens and the MS63 $20 Lady Liberty are an efficient and private way to store large amounts of wealth, and being able to convert your funds into physical gold is especially attractive when you look at the rough financial times that our nation is dealing with.
Many of our portfolios and retirement accounts have lost crucial amounts of their value, and many economists believe that another wave of losses could be suffered once our government’s stimulus funds are fully depleted. If you value privacy in your investments and you believe that gold could continue to rise in value, it may be wise to consider a certified gold coin investment. Some investors purchase gold and silver bullion because it could produce profits over the next 1-14 months. However, safety-oriented investors shy away from bullion because it could be confiscated by our government as it was in 1933.
The Great Depression ruined our country’s credit, so our government seized gold bullion to pay off its debts. If our government makes another run on gold bullion, coins that hold recognized numismatic value would most likely not be taken.
If you would like to shift away from the US dollar and into physical gold for long-term wealth preservation and safety, these coins may be a good fit because they also fluctuate in line with the COMEX gold spot price. Email us or call us ay 800-300-0715 for more information on investing in certified gold coins.
Stewart Lawson
Senior Staff Writer – Certified Gold Exchange
Categories:
US Gold Market