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Posts Tagged ‘Precious Metal’

Precious Metal

Tuesday, June 30th, 2009

The value of a precious metal investment lies largely in its’ ability to act as a hedge against economic factors that negatively affect dollar values. Our U.S. dollar is the World Reserve fiat, or printed currency, which is backed by gold, not unlike virtually any other fiat currency ever printed. Since gold backs the value of our currency, increased demand for the yellow metal historically corresponds with struggling dollar values. Subsequently, increasing demand for gold, means higher gold prices, which are reflected in the gold spot price, which fluctuates hourly, according to global demand for the metal. Investors can log onto, for the latest spot prices.

Our nation’s Treasury Department has printed over forty percent more money over the past few years, which is cause for great concern among droves of investors. As a result, they have been converting their wealth into precious metal, like gold, silver, platinum, and palladium, to offset these dollar devaluations. Gold and silver are the two most traditional precious metal investments, since silver is historically used as a diversification vehicle for gold investments. The primary concern for most investors today, is long-term security. Rare coins are traditionally used for this purpose, as their numismatic value tends to appreciate over time. Rare coins like $20 Lady Liberty’s and Saint Gaudens coins are popular among gold investors, and rare, silver coins like Morgan Silver Dollars, or Peace Dollars, make ideal diversification investments. Short-term profit investments are usually made with diversified investments in gold and silver bars and coins, like Johnson Matthey bullion bars, along with gold and silver American Eagle bullion coins. Investors are encouraged to continue researching this website for discounted, institutional rare coin and bullion prices, or to contact an experienced, friendly, precious metal specialist.

John Burke