makes Gold Coins a good investment? April 13, 2009
smart investor really should understand the basics of buying
gold bullion as the best option for security. Predictions
are flying left and right about when and how this economy
will right itself and if the bailouts will work. The General
Motors bailout might be a rousing success. The worst case
scenario is that everything fails and countries get pushed
even further into debt. You can read as much as you want,
but the conclusion you will probably come to is that it is
too soon to tell. There is no way an average person could
accurately predict what awaits the global economy. Without
a birds eye view of all the matters concerned, it is not easy
to get an accurate understanding. Only those that plan wisely
will prosper in this recession.
While nobody can see what is coming, we can all look at the
past for lessons. The thing we can rest our financial hopes
on is a commodity, a super commodity called Gold. No matter
what happens in the economy, right now is the time to start
investing in gold.
This is the modern gold rush, only we aren’t panning for
it, we are pining for it. Let us share two reasons this is
1- It’s hard to rely on paper money when so often in the
past it has lost all of its value, while never in thousands
of years has the gold market crashed.
2- Gold stocks and gold ETFs are manipulated by the very
same people who have driven this market into the ground, falling
prey to these schemes has cost many their fortunes.
Essentially, when times get tough, the tough buy gold. It’s
plain to see that these billions and trillions of dollars
don’t just print themselves out of nothing. Somebody will
have to deal with the consequences. For those who have put
their assets in secure and safe havens, there is much less
to worry about. A huge hint that gold is secure is the simple
fact that major banks hold their assets in physical gold.
Now don’t forget the importance of owning actual glittering
gold. Not the paper gold certificates or stocks. Admittedly
these kinds of investments to have their purpose when thinking
in the short term, but they actually devalue the longer you
have them. To begin your investment you can’t go wrong with
krugerrand gold coins as they are highly prized for collectors.
Think long term when making your gold investment and you will
be much safer.