The South African Krugerrand, minted in 1967 was the first and most popular gold bullion coin until the American eagle gold coin was produced in 1986. Since it was first coined the American Eagle took off with investors and has never looked back. It is now the most hunted gold bullion coin in the world. [...]
Many analysts and investors offer answers to questions regarding why gold prices are so high. In their attempts to respond, analysts like Russ Koesterich, Global Chief Investment Strategist for BlackRock’s iShares ETF business, initially begin with clarifying the reasons that do not explain high price of gold. As inflation rises, investors will pay a higher [...]
There has been some grumbling regarding recent gold prices. While gold has gained about six percent during the first quarter of 2012, it has been down recently. Given the weakness in the Euro Zone some have turned to the stronger dollar as a hedge. While we all need dollars to live using flat currency as [...]
There is much that can be said about gold and its relation with our modern world. Gold has been a prominent part of virtually every society that has existed since ancient times and there is little chance that it will ever lose its powerful grasp on humanity. On a fundamental level, humans simply love gold. [...]
The debate surrounding the gold standard both dates back to the earliest days of capitalism and remains a divisive issue even today. A gold standard-based economic system refers to one in which a national currency corresponds to a physical quantity of gold stored in a Federal bank. Under a gold standard, we could expect government [...]
Perhaps the best way to protect one’s assets in this down economy is the time honored practice of buying gold bars. Men have been buying gold for thousands of years to become rich and to protect their assets. The stock market has become so unstable it almost impossible to predict. The Euro Zone debt problem [...]
Deciding to invest in gold is usually a good idea, but deciding just how to invest in this precious metal can be difficult. There are lots of different ways that you can put money into gold, but not all of these ways will suit your particular financial needs. Before you make a gold investment, it’s [...]
When you have work done in your home do you first request an estimate? If you work in a business that sub-contracts work, do you get quotes on jobs or projects? Clearly this indicates the value of “shopping around” in order to get the best deal, and is the exact reason that many investors seek [...]
How much does gold sell for on a per ounce basis? That varies on a daily, and even an hourly basis, but it is a significant issue when you are assessing how an investment in this precious metal would work into your financial goals. For one thing, gold is among the highest priced of the [...]