investing in gold

Understanding the Value of Gold Amidst Various Economic Conditions

gold-insurance
There is no doubt that during the latter parts of 2008, the United States’ economic condition went down from its former glory. Many investors became worried about the U.S. debt burdens and their possible impact on the currency, stocks, and real estate markets. This lack of confidence made many investors increase their stores of gold. Gold, among all the precious metals, is considered one of the most stable assets even during tough economic times. So, is gold investment good when the economy is down? What about when the economy is doing well? Let’s find out.

SilverSaver.com1.) Gold is a stable asset.

Gold would have not been money for hundreds of years if it weren’t for its stable value. The economic issues of “demand and supply” that affect other commodities are not as relevant to gold because this highly-valued metal is inflation-proof. Say you have a ten-dollar “bill” in one hand and a ten-dollar “gold” coin in your other hand. Which of these two has more value? The gold coin has more value, of course. Sure they were of equal value six decades ago. However, due to inflation, the ten-dollar bill has dropped dramatically in terms of buying power while the ten-dollar gold coin has tremendously increased in purchasing power. Is gold investment good? Definitely yes, because the value of gold appreciates over time.

2.) Gold is a highly-valued metal by many countries.

Gold, being one of the most important metals in history, is prized by nearly all nations of the world. Most countries, if not all, continue to trade in gold, making it one of the most liquid financial assets in any investment portfolio. Because of its universal value, investors will not have a hard time using gold in their transactions.

3.) There are several ways to invest in gold.

While buying bullion gold bars has been one of the most traditional ways to invest in gold, this treasured metal offers a variety of other investment opportunities to interested individuals. Some investors prefer gold exchange-traded products such as ETFs, ETNs, and CEFs to avoid the hassle of storing gold bars. Others invest in gold coins for their “safe haven” status. Some prefer gold certificates to avoid the pitfalls and large costs of transferring and storing physical bullion. Is gold investment good? Certainly, because one will definitely not run out of options when it comes to gold investing.

4.) Gold is considered a “safe haven” when the economy is underwater.

This “safe haven” status was again supercharged when Switzerland’s central bank established a limit on how much the Swiss Franc can gain. Severe recession results in weak currency. Interest rates are kept low and people get virtually nothing for their money in bank accounts. So, is gold investment good when the economy is weak? Absolutely. Because gold price increases when currencies weaken.

5.) The demand for gold is expected to surge in emerging-market countries.

The world’s love for gold shows no sign of weakening. Around 2,000 to 3,000 tons of gold are mined every year to meet the world’s demand for the said metal. A lot of developing countries, especially China, Brazil, India, and Russia are having an increased appetite for gold jewelries, watches, and other gold-based products. This growing interest in gold can be a very good advantage to those investors who want to make big profits from this demand.

These are just some of the reasons why this glittering yellow metal is so valuable to many investors around the world. Gold has long been considered a good investment because no matter what the condition of the economy is, gold always remains a highly priced asset.

Which is Better, Silver or Gold Investment

As people become more financially saavy, more and more are looking at expanding their financial portfolios with investments in metals. Among all the precious metals, however, gold and silver are the ones which have maintained their appeal over the years. Gold has long been proven to be a very stable asset with very great potential of increasing your wealth. Silver, on the other hand, is the world’s second most important commodity, next to oil. But, which is better – silver or gold investment?

gold and silver

According to the International Monetary Fund (IMF), the economic rollercoaster ride is expected to continue in the next few years. With that said, it is extremely important for all investors to first understand the current market conditions before making investments.

Investors who have no confidence in Dollars or Euros can find refuge in silver or gold investment. These two metals have survived the test of time and hence, are both generally safe investments for your wealth. But, of course, there are benefits and drawbacks to every investment project, and these two precious metals are certainly no exception.

The Pros and Cons of Gold Investment

Gold is the only money that has maintained a very strong position in the 5,000-year history of its utilization by mankind. This metal has proven in a lot of ways that it is the safest investment in times of economic turmoil. And since it is considered a universal currency, gold can be traded anytime and anywhere in the world. Here are some other facts that make gold a good investment.

  • Gold is a very stable asset.
  • Gold internationally recognized and valued.
  • Gold offers a variety of investment opportunities.
  • Gold is not affected by inflation.
  • Gold is almost always highly in demand.
  • Gold is durable.

Although gold is preferred by most investors who are concerned with collapsing currencies, it is not without risks. Here are the two major cons of gold investment.

  1. Gold is highly at risk of loss, theft or confiscation.
  2. Gold needs a highly secure storage place.

The Pros and Cons of Silver Investment

Silver is one of the most useful commodities in the world. It has innumerable uses in various industries because it is electrically conductive and thermally resistant. The benefits of silver are pretty much similar to the benefits of gold. Here are some of them.

  • Silver is a relatively inexpensive metal.
  • Silver is not generally affected by inflation, just like gold.
  • Silver is highly in demand in industries like jewelry, electronics, coinage, imaging, water purification, etc.

Adding silver to your investment portfolio diversifies your assets and adds protection against the risks of other financial instruments. But, just like gold, silver has its own set of disadvantages.

  • Silver is subject to tax due to its rarity and wide use in different industries.
  • Similar to gold, silver is at risk of being stolen.
  • Silver needs storage.
  • Silver takes longer to liquidate.

Fiat currencies have weakened in recent years and have lost most of their buying power. Before paper money becomes a safe investment again, it has to recover its genuine value first. Meanwhile, investors can have alternatives in the form of silver or gold investment.

When money is fast becoming worthless, investors are better off going for real money, just like gold and silver.

I like buying silver and gold on a cost-averaging monthly plan with hardly any effort on my part.  Once you establish an account with OWNx and choose your purchasing plan, BOOM it then happens for you automatically.  Pretty cool.

OWNx.com

Information About OWNx

I like to dollar cost average my silver purchases using a program called OWNx.

OWNx makes it possible for small and medium sized investors to save or invest in real silver just like the big investment houses and governments do. If you are looking for an easy way to accumulate some silver, you might want to take a look at this. Here is how it works.

You will first go the OWNx website and set up your free account. Then, choose the amount of money you would like to invest automatically each week or month (or, you can make one time investments if you prefer).

Lets say you have $100 a month you would like to invest in silver.

At the beginning of each monthly period, $100 is automatically deducted from your account and used to buy $100 of real physical silver (or gold) at whatever the price of silver is that day.  Your silver is stored, it is allocated and titled in your name(which means its legally yours), 100% insured by Lloyds of London and stored in the First State Depository of Delaware.

silver bullionOnce you have at least 20 ounces of silver in your OWNx account, you can then have it delivered to your home in one ounce coins, ten ounce bars, one hundred ounce bars or even one thousand ounce bars!

Another cool thing about OWNx is that they have created a “Silver Rewards” program. When you create your account, you get your own unique silver rewards link. All you have to do is pass your silver rewards link on to other people who are smart and know the value of and are interested in investing in silver. When that person signs up and creates an account, you are rewarded with up to 25% of their premium over the OWNx Base Price or Live Price.

So say you give your special silver link to me and I then set up an account and start investing $100 every month. Each month, you will receive up to 25% of the premium I am charged. That 25% of the premium is automatically added to your account in the form of silver. This is awesome. Get 5-10 of your friends investing in silver every month(which is a very smart thing to do) and you will be earning a lot of free silver.

This program is really the best and most affordable way to save and invest in silver for small to average size investors. Visit the following link now and become a silver saver.

OWNx.com

What The Gold Price Means To A Nation

Gold coinNowadays, it is possible to obtain the latest gold price by reading the financial press as well as from network news programs, though for more than two decades this was something that hardly elicited any interest, leave alone being reported. Mostly, the gold price was either quite steady or it kept falling; things have changed since then, and since 2001, there has been quite a lot of interest been shown in gold price which has been heading north resulting in the price reaching more than one thousand dollars per ounce, and many more people are finding it an attractive investment to make.

Depends On The Strength Or Weakness Of The Dollar

The gold price is directly related to how strong or weak is the US dollar, and the steady upward movement of gold price from around two hundred fifty dollars in 2001 to the present levels of more than one thousand dollars has made gold very attractive to investors as well as speculators. However, even though many people have made money through this means, it should not be taken for granted that gold, when purchased, will definitely be a sound investment because you won’t earn interest on it and the quality is fixed as well making it static and not like other good investments.

What you can be sure of is that the gold price will only change according to how cheap or expensive is the paper money that we use which is in this instance the US dollar. Thus, purchasing gold is more to do with having some form of protection against a currency that is going to depreciate rather than being a great investment.

Dollar CollapseSo, it is safe to say that when the gold price shoots up, there is reason to be concerned about the future of the major currency, and if the gold price is especially high, then there is even more reason for concern about the paper money’s value. At present valuation, the gold price fetches over one thousand dollars per ounce as compared to the twenty dollars it took to buy the same amount of gold way back in 1934.

Also, the gold price which is going upwards really shows a lack of confidence in the central bank as well as the paper currency, and the gold price that we are witnessing today reflects a certain uneasiness with the increased supply of money and also the deficits in budgets as well as in trade as too for liabilities that are not funded, and most of all, the inability of the country’s governing bodies to bring runaway spending back to control.

Learning How to Buy Gold Investment for Beginners

People make investments because they want to keep their money stashed somewhere it can earn more. Successful investing is about keeping it safe too against macroeconomic and geopolitical risks. It is a known fact that gold and gold related investments are stable investment options. It can stand global geopolitical debacles as well as economic recessions/depressions. If security is what is wanted, there can no safer asset than making an investment in gold. With this and the potential for profit because of the strong market for gold, more and more people are becoming interested to learn how to buy gold investment these days.

gold-insurance

If you have more than enough wealth and you wish to make an investment in gold, you must be wondering how you are going to do it or what cardinal rules that one must remember or follow. Generally, one’s motivation influences the buying of gold and the form preferred. Buyers, based on motivation can be described either as a speculator, investor or saver. Anyone of these can further have other finer motivations such as: Is the investment for the short, medium, or long-term? These are important because can define the different forms they would prefer to buy the gold.

The Value Of The Physical Gold

SilverSaver.comFrom a beginner’s point of view, the easiest to understand and do is concerned with the original form of investing which is the physical gold. It is an ideal part of a properly diversified investment portfolio. This can be bought in the forms of gold jewelry, numismatic coins and gold bullion. Gold jewelry is the most common and familiar form of gold investment among ordinary folks. This takes a very significant form in India where gold is a status symbol of family wealth and which is traditionally used in worshiping and holding of ceremonies. Numismatic coins hold special value not solely for the gold content but for their rarity, historical and aesthetic worth. Gold bullion is available either as gold bullion bars or gold bullion coins. These are highly preferred insofar as investment is concerned being lower in cost but can be easily sold at fair market price than any other physical gold.

Securities: Gold-backed, Stocks And Options

Investing in gold does not always entail owning of physical gold. One way on how to buy gold investment is by buying securities- Gold-backed Securities. A security is a financial instrument that represents a worth. These are actually indirect investments in the Gold ETF (Exchange Traded Funds), which, by the way are still backed by physical gold. This means that a holder of an ETC security only owns a claim against the issuer of gold ETC and cannot demand a physical delivery of the gold. Thus, investors must remember that gold-backed securities carry risks. Another form of securities that allow another gold-related investment is the gold mining stocks and gold mining funds. These are investments made in the companies engaged in gold mining.

Another way to buy gold investment is by using securities with values that are derived from the gold but which are not backed by physical gold such as structured production and options. These are contracts between two parties that will expire at an agreed time. These allow a lot of leverage because the trader can manipulate a large position with a small outlay but carry significant risks.

Other Forms of Gold Investment

Other forms of gold investment may be presented as gold certificates. A gold certificate is like a bank note that entitles the holder certain specified worth of gold. It is a proof of gold ownership in a paper because gold bullion is hard to store and transfer. This used to function like money from 1882 to 1933. The technology of the Internet has already bred the so called Digital Gold Currency. This is an electronic currency that is backed by gold bullion. People with these accounts allow ownership of gold and online transactions (buying and paying online) using their own gold. This also offers the same security as gold bars and certificates only easier to store and convenient to transact with.

With the global economy that is both bleak and uncertain, investing in gold is not only sensible, it is also a necessity. The best form is and always will be physical gold. Yet, with its weight in gold, maybe electronic accounts and certificates, which are backed by gold bullion and as secured as well, will do. So, are you enthusiastic to learn how to buy gold investment?

Buying and Selling Gold at the Right Moment

Among all the precious metals, gold is the most widely accepted as an investment. Gold has long been used as a hedge against economic downturn, massive government deficits, unemployment, inflation, war, and social unrest. In the past, investors rarely considered gold for any financial portfolio because the other financial instruments were doing so well. But, with the stock market undergoing a rollercoaster ride over the last five to six years, many people are now starting to consider investing in gold.

With all that’s happening in the global economy, people are beginning to recognize the need to have a mixture of investments in order to handle the inherent risks of all financial projects. In times of economic crisis, investors generally turn to two kinds of “safety refuge” to park their money – the U.S. dollar and gold. While the U.S. dollar has been the popular refuge of choice of investors for generations, gold has been seen as the ultimate hedge against economic instability. Gold investing, however, requires proper management to make consistent profits and mind-blowing leverages. Learning the ropes of gold investment management can be quite difficult at first. But, if you know how the value of gold is affected by changes in economic conditions, this part is not a hard nut to crack.

First, you have to know that the value of dollar is inversely proportional to gold. When the dollar is strong and the economy is on the rise, the prices of gold tend to plummet. On the other hand, when the dollar is weak due to surging national debt, increased foreclosure rates, devastating natural disasters, war, etc. the prices of gold tend to skyrocket. Gold investment management requires that you know when is the right time to sell your gold or buy gold based on the circumstances.

Selling Gold during Bad Economy

If you have already invested in a lot of gold, perhaps one of your concerns is whether the moment is right to start selling it. Indeed, it’s very tempting to sell gold when the price is high. However, good management of gold investments means holding your horses during severe recession. Why? Because even though you can sell your gold at higher rates compared to when you bought it, economic crisis reduces the number of people who are willing to spend money on gold. What is more, even if you get some people interested in buying your precious metal, they’ll most likely negotiate and ask you to cut down the price. Hence, a rising price is not a good reason to sell gold.

So, when is the best time to sell gold? Only you can determine the “best time” to sell your precious metal. But generally, it will really depend on your purpose for holding gold and your individual situation. Most investors’ purpose for holding gold is to retain their asset value. Given that you have the same purpose, when life throws you a curveball which forces you to utilize some of your assets, then it’s a good time to sell your gold. In a nutshell, gold investment management means selling gold not based on the price but on the purpose.

Buying Gold During Tough Financial Times

If you’re curious whether buying gold in the middle of credit crunch is a good idea, here’s a tip – the best time to buy gold is when everybody else is not interested to buy. Even though gold prices are steadily increasing in the presence of economic collapse, this commodity can be easily found among investors. Because the price is great, many are willing to sell. Because many are willing to sell, you can easily negotiate for a lower price and hence, increase your investments. Just as what Warren Buffett once said, “You can’t buy what is popular and do well.” Again, the best time to buy gold is when no one wants to buy.

Gold investment management basically revolves around these concepts. Investing in gold is a surefire way to grow your asset. If you’ve invested in gold and yet you’re not sure how to handle your investment matters properly, you can always obtain advice from financial experts who are knowledgeable about managing gold investments in the current economy.

Some Investment Points in Devising a Gold Investment Plan

Those who want to dabble into gold investing as part of their financial portfolio need to plan their investments carefully. A gold investment plan will work well to maximize yields within a specific time frame in which a person wants to realize his financial goals.

Devising a plan can be done individually or with the help of an expert such as a personal financial planner or an investment advisor. Understanding gold as it is used in personal investing is also an important aspect of any investment plan. It is essential to gain knowledge about how different investment products involving gold can serve various purposes for investors. Once the basics are covered and the resources are made available, a workable investment plan can easily be set into action.

When you invest, you put in a certain amount of funds with expectations for some future gain. This is quite different from savings as only a slight gain can be expected in exchange for the liquidity and security these products offer. Any investment presents risks, usually tagged low, medium, and high. The lower the risk, the lower the potential yields are likely to be. Inversely, investments with higher risks also present higher potential yields. Investment instruments that are high risk would not go well for investors who do not have much to invest and has low appetite for risks. The best investment options for these kinds of investors would be those that are likely to preserve their value over time and are not subject to much volatility.

Any plan would have to be devised in such a way that the potential yields are aligned with the financial goals of the investor. This means that any investment instrument should be chosen based on its ability to meet the investor’s target portfolio size within a specific time frame. Long-term investments with guaranteed yields would fit younger investors looking to accumulate funds for their retirement fund. Those who are a little more mature in age and have a shorter time frame in mind would most likely be in the market for instruments that can give high yields within a short period. Unfortunately, high yielding short-term investment products require larger cash or investment outlay. It is common to put together a combination of investment instruments in an investment plan to meet an investor’s financial goals.

One of the best investment options that you can put your money in today is gold. Gold and gold-related investments have consistently outperformed other investment instruments over the past years.

While there is no certainty as to the what the future holds, investment experts and financial analysts project gold to continue with the same upward trend in the coming years. Having a gold investment plan as part of your financial portfolio planning would definitely be an advantage especially since currency pressures, government deficits, and external debts are rocking global economies at present.

You may combine different products in your investment plan based on your investment appetite and financial goals. You can opt to buy gold bars or gold certificates, allocate a certain part of your IRA towards investments in gold, or take a more active stance by trading gold funds and gold company stocks. Always be guided with a good strategy that will allow you to maximize yields on your investment without exposing you to investment risks you might not be ready to handle.

Numerous options for buying gold online have appeared in recent years. For example, you can purchase gold on a regular basis depending on your budget. Opening a SilverSaver® account takes just 10 minutes. There is no paperwork to send, and as soon as your account is verified, you can schedule purchases to begin immediately.

Trading gold company shares in the stock market and investing in gold exchange traded funds takes a little more work than simply purchasing gold bars and certificates. Even as expert investors and traders can work on gut feel, it is not necessarily a guarantee that you will benefit from any impulsive investment decisions with regard to gold. It takes some understanding of the market and some fundamental analysis to be able to successfully navigate the realm of gold investing.

At the very least, investors should be able to follow rules and read indicators. This simply means that you have to know when to buy and when to sell using data of past performance and trends in price values. Some investors who do not want to worry about learning about the technicalities of the trade can turn to expert gold trading advisors or get reliable gold traders to help them with their gold investment plan. These services, however, may come with expenses like subscription fees, commissions, and other charges.

Protect Your Wealth with Gold

The popularity of owning physical gold and silver is on the rise and people are now becoming more aware of how important it is to possess these time tested precious metals.

Because of the current status of the global economy investing in anything other than paper money makes sense. Gold has long been a great long term strategy for the simple reason that it never loses its value. During the last few years the gold market has grow to more than triple in value. This can be attributed to the stability of the metal in the face of economic recession. When the global economy started to go down, traders and investors turned to gold; causing gold prices to increase.

I believe it’s smart to only buy physical gold and silver as opposed to stocks, ETF’s, and other paper assets. The value of gold is based on it purity and weight. Besides gold bullion, many gold coins have a collector’s value attached to it, which can add to the gold’s value.

The American Eagle Gold Coin

The American Eagle gold coin series debuted in 1986. The obverse of the Gold American Eagle was originally designed by Augustus Saint Gaudens for the 1907-1933 $20.00 U.S. Double Eagle gold coin. The reverse of the American Gold Eagle coin features a nest of American eagles, signifying the strength and security of American families. Its stately appearance and proud symbolism make the Gold American Eagle one of the world’s most popular gold coins. Gold prices fluctuate, but the popularity of the U.S. Gold Eagle coins only increases.

How You can Start Accumulating Silver and Gold

Silver Saver was designed to provide an easy and safe way for people to save in silver and gold, insured and stored at a highly secured, independent non-bank depository located in Delaware. Once you have saved enough for a minimum delivery, you can have your silver and gold delivered to you.

When you set up an automatic saving schedule (e.g weekly, monthly, etc.) with Silver Saver, each time you save, our Instant Rebate program automatically deposits 20% of the premium to your account in silver. SilverSaver provides you with your own Silver Rewards link or Share-Code that you can give others when they sign-up to save. Once they do, an amount equivalent to 50% of the premium for their transactions is added to your account in silver or gold each time they save.

Buy Gold Assets: The Advantages

For many years, people have bought and invested in gold. But before you Buy Gold Assets though, you need to take some time to do background research on the market you will trade in as well as the dealers that sell them to you. When this is done correctly, buying gold is the safest and most profitable investments you can make. And there are a lot of reasons and advantages of investing in gold. To begin with, gold is a common form of insurance during difficult economic times when the value of currency drops. Since gold maintains its value regardless of economic standing, it is one of the very few items that can survive inflation. To add to that, gold is accepted as a means for exchange anywhere in the world.

SilverSaver.com

Since gold has immense value, you can find a lot of people trading gold for profit and in fact, there are those that have become quite successful trading it. This is because there is always a huge demand for gold and considering the fact there isn’t much of a supply, this continually increases the value of the already very precious metal. And if you have plans to BuyGoldAssets and trade them for profit, it is important that you take some time to learn about the market and how you ought to trade the gold in your possession. The first step usually is to purchase gold from reputable dealers either online or in physical establishments. But if you are going to buy gold for the first time, it is advisable to do it in person so you can talk to the gold dealers in person and they can provide tips and advice about investing in gold.

On the other hand, if you are a seasoned investor and have been trading gold for some time, you have enough savvy in you to buy from online gold dealers. There are websites such as BUYGOLDASSETS.com that can also provide helpful tips and advice about buying gold from the internet. Because it is more practical and easier to do so, you can find a lot of people that choose to buy gold from online dealers. In addition, buying online is safer considering you do not have to walk around with gold Kruggerands in your pocket. You just have to be sure though, that you are going to buy the gold only from reputable online gold dealers; those that have been in business a long time and are highly recommended by a lot of other investors.

Gold can Help Balance Your Portfolio in These Times of Economic Stress

The S&P 500 and Gold were almost the same at about $1,300 in February 2011. Since then, economic stress in Europe and the U.S. has pulled the S&P 500 down while Gold moved higher. Perhaps now is the time to better balance your portfolio and consider re-allocation from cash, stocks and bonds to Gold.

Gold Up – S&P 500 Down

Gold and S&P
This chart gives a graphic example of the negative correlation between Gold and one of the other asset classes, stocks.

  • In Feb. 2011, the S&P 500 and Gold were almost the same value.
  • The closest the two were together was Feb. 2, 2011. Gold was $1,337.80 while the S&P 500 was at $1,289.80; a difference of 47, or 8%.
  • As of Aug. 4, 2011, the difference has expanded. Gold reached $1,649.80 while the S&P 500 fell to $1,200.07; a difference of 450, or 37%.

What You Need to Know About Spot Gold Trading

Spot gold is the standard for the value of an ounce of gold for trading purposes. Among gold traders it is the most important information that they can have their hand on. Even though purchases from, large gold traders will often range from five percent above to five percent below the spot gold standard, most traders still use the current spot gold price as the point of reference for the value of gold.

Spot gold trading is like trading other commodities on the market. You are basically placing a wager on what direction is the gold market going to take and placing a trade based on what you believe the price will be in the future, most often four to six months in the future. Here are some of the things that you need to know about spot gold trading if you plan on investing in gold.

More on What You Need to Know About Spot Gold Trading

Gold Coins May Not Be As Pure As Gold Bars, But They Have A Few Advantages

Buying gold coins is superior to buying gold in the form of bars and even jewelry. This is a simple option and can be very inexpensive as you can purchase gold coins for as low a price as forty dollars. Storing them is also no big deal as they can easily be kept out of sight in a home vault, or even in the vault of a bank. You can buy gold coins in a number of different ways: American Eagles, Australian Sovereigns, South African Krugerrands and even UK Sovereigns, to name a few options.

Make A Great Collection
Gold CoinIt is also possible to make your very own gold coins’ collection with the choice of American Eagles and also Gold sovereigns being very good options which are the most common choices for most people. Also, when buying these items remember that they do not have a fixed weight or size, and they are measured on their value as well as weight that can differ according to the size of the coins. The unit of measurement is grams though earlier they were measured as troy ounces which were a part of an ounce. Nevertheless, one cannot deny that gold bars are the most pure form of gold being measured as nine hundred and ninety-nine parts out of a possible thousand, while coins are only nine hundred and seventeen parts per thousand.

You will find that buying of gold coins is easy when you shop from the Internet and even from a gold shop. However, you must be well aware of the particulars of gold including its name, type as well as make which should be well displayed. Also, when shopping online you should ask for and get pictures of the coins to satisfy you that everything is in order. No doubt, one cannot pinpoint any single gold coin as being ideal, and it can be rated according to one’s own taste which means that some people prefer the Eagles while others may evaluate the Sovereigns to be the best because it is all a matter of individual preferences.

You can also derive much pleasure from collecting gold coins and many people make it their hobby, and if you happen to be lucky enough to have purchased some of the very valuable rare coins, your collection would fetch you a very good price too. So, if you want to collect gold coins make sure that you start off on a small footing and not get overexcited and make sure that you invest money wisely and deal only with reputable persons who also subscribe to PNG which is the Professional Numismatists Guild.