Daily Gold Coin Market Update
December 16, 2009 - If you seek diversification into safe-haven assets like certified gold coins, you should be planning on more than scoring quick profits and exiting the market. Top-performing certified gold coins, like the MS64 $20 Saint Gaudens and the MS64 $10 Indian Head have gained increased dramatically since 2001, certified gold coins are valid investment vehicles for investors who plan to sit on that particular investment for 14 months or longer, because there are more costs associated with the purchase of these completely, private, non-confiscatable gold coins. Historically, investors who hold their metal over the 14 month period begin to outperform short-term profit-seekers who purchase raw bullion.
One of the key reasons that certified gold transactions have outpaced bullion transactions on major US exchanges for the last eight years is because the threat of another US government confiscation of bullion has grown. This is due to the weakening dollar and the international unrest over U.S. lawmakers’ saturation of the money supply by donating foolish fortunes to failing corporations and banks.
Investors who do not fall into the following demographics should consider shifting their funds into a market other than certified gold coins:
• Investors who desire a privately held, hard asset-type gold investment
• Investors who plan to hold their gold 14 months or more, and preferably longer than two years
• Investors who foresee the possible collapse of the US dollar, in the event of future hyper-inflation
• Investors who seek an asset that our government has deemed completely private and non-confiscatable in a national financial emergency
Whether you fall into the aforementioned categories or not, Gold-Coin.com can provide you with free information on the most heavily targeted investment-grade certified and bullion coins. Give us a call or request one of our gold investment guides below.
Stewart Lawson
Senior Staff Writer - Gold-Coin.com
