Multitudes of Americans have been benefiting greatly recently from investing in precious metals, as the gold spot price has repeatedly eclipsed its’ own record high spot price throughout the last four weeks. Today’s gold trading showed some short-term profit taking from yesterday’s newest record high of $1153.90, and then rebounded right back to yesterday’s same record-setting spot price. Investing in precious metals like bullion bars and coins are ideal during these types of spot price fluctuations, because bullion prices hover just above the current gold spot price, making bars and coins ideal short-term profit vehicles. Bullion bars command the lowest precious metal premiums, and reputable brand names for 24-karat bars include Credit Suisse, PAMP Suisse, Johnson Matthey, and Engelhard.
Bullion coins are only slightly more costly than bars, and American Eagle, 22-karat bullion coins are among the world’s most widely purchased gold bullion items. Today’s volatile economic circumstances have a great many people concerned for their long-term financial stability, and these pragmatic individuals are investing in precious metals items like Double Eagle rare coins. Rare coins contain numismatic value which generally tends to appreciate throughout economic turmoil, and Double Eagles, which are rare, $20 Lady Liberty, and $20 Saint Gaudens, 22-karat gold coins, have proven their safe haven qualities in the past. Naturally these coins command very high premiums, so it is advisable to only purchase only Double Eagle coins whose numismatic worth has been officially certified by either the PCGS (Professional Coin Grading Service), or the NGC (Numismatic Guaranty Corporation). Investors are encouraged to complete their research, and then to contact one of our friendly specialists, who offer institutional discounts on American Eagle bullion, and Double Eagle rare coin.