Monday 19 September 2011

Gold Coins – A sound Investment and a Thing of aesthetic beauty

If you are interested in preserving your wealth into the future, probably one of the soundest decisions you could ever make would be to buy gold coins; not only is their price controlled by the spot gold price, they also have a collectable value aside because of their intrinsic, fundamental and aesthetic beauty. As the dollar has systematically devalued over the last one hundred years, the reverse is true of gold coin prices; indeed a one-ounce gold coin has increased five thousand seven hundred (5,700) percent over the last one hundred years.
One of the main reasons why this is not more reason this drop in the dollar is not more evident is because the loss which have been incurred to the US dollar is because it is permanently tied to other currencies, and these too are being watered down by governments printing money to fill gaps in the economy.
Perhaps now is the time to consider buying gold coinage for the very reasons stated previously; gold will always be valued, unlike paper currencies.

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