Gold is real money it is something that has real physical and financial value. It has endured the test of time, like no other currency. For thousands of years it has been relied upon as a measure of wealth, and for good reason too.
Currencies worldwide consistently go down in value. Some may become stronger against other currencies, but the overall trend is that they decrease in value. Your money, whether it be in your pocket or in a bank, buys you less and less each year. Gold, on the other hand, has been following an opposite trend an amount of gold bought years ago will now buy you a whole lot more than it would have done back then.
Those who have been wise enough to already invest in gold have been making huge profits. At the moment, an ounce of Gold costs a record $1150; compare that to the $34 an ounce it cost in 1970, and it s not difficult to see why it is such a good investment. There s no need to think that you ve already missed out on the opportunity though, and that it has already peaked in value, as the last year alone has seen a 30 increase in the value of gold, and big investment firms are predicting that the $2000 ounce is not so far away.
The best way to invest in gold is to buy actual physical gold you can see touch and smell, which is why everybody lately has been investing in gold coins. Buying gold bars is another option, but this is beyond a lot of people due to the huge upfront cost needed. With gold coins though, they come in smaller, more affordable options, meaning that they are accessible to even small or first time investors. You can also divide up your investment and sell any amount off while leaving the balance untouched.
The form of gold coins is largely the same, regardless of the country that they are bought from; however, they are given different names depending on the country. For example, in the USA they are called American Gold Eagles , in Canada they are called Canadian Gold Maple Leafs , and in China they are called Gold Pandas . The coins will normally have on them the year in which they were issued and a face value. Of course, the gold in the coins is worth far more than the face value.
So, where is the best place to purchase gold coins? You can buy them from either a local gold coin store or from an online coin store. Whichever you opt for, be sure to only go with a reputable seller, ideally one that has reviews and testimonials that you can actually check up on. You don t need a great deal of money to start with, and with just a few hundred dollars you can start amassing your future fortune.
One final point, just in case you re not yet convinced about the prospect of investing in gold recent reports have shown that a $1000 investment, made in 1970, in rare gold coins, would now be valued at nearly $60,000.
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