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Why investing in gold?

16 October 2009

Gold is one of the precious metals in the world, everybody like in gold and eager to invest in gold. Why? It’s because, the value of gold is rarely to drop such as value of money. While other investment such money can be devalued by government, invest in gold will has stable value, even can be arisen with time. Gold is the purest form and the oldest form of money. In many history, gold value always strong when facing bad economic conditions such as inflation, war, high oil price, budget deficit, bank failures, etc. When you invest in gold, maybe it can be your ultimate investment. Gold is measured by troy weight and by grams. The term of carat is used to indicate the amount of gold present, with 24 carats it means being pure gold. Since prehistoric time, gold also has been known, and has been used in many human ornament and rituals event, since Egyptian Pharaoh, Romans Empire, and other prehistoric era.

How about prospect and trends of gold in long term price? History shown, gold coins price is strong. In 2001, gold price was raised tripled when long secular bear market (or the Great Commodities Depression) has ended and a bull market has returned, gold price is raised triple. Aurum advisor said if you had purchased $25,000 of gold bullion coins in early ’70 and held on it during oil crisis, inflation, US$ devaluation, recession, etc, you could sell today for $524,999. Although price of gold determine by open market, but there are several procedure to set price of gold such as in England, gold price set by London Market that also was known as London Gold Fixing. This open market provides daily benchmark of gold price. Fixing also seems appeared at US at 1968, giving benchmark of gold price in US.

When economic is down, many investors want to preserve their capital and find good way to preserve their asset. One of good decision is to invest in gold, it safe and profitable. Precious metal such as gold and silver is good decision for investor. Nobody knows when oil crisis will happen? Or when economic depression occurred? Talking about invest in gold, invest in gold can be made by several ways such as purchasing gold coin, gold bullion, or gold jeweler. If you want to find many gold coins for investment, you can see many type of gold coin from Aurum Advisor. This left figure show gold coin of $2.5 Liberty Quarter Eagle. This gold coin is designed by Christian Gobrecht in 1840; the Liberty Quarter eagle holds the distinction of keeping the same design for the longest time in American history: thirty-three years. It’s worth $1070 today.

Another type of gold coin is such as $20 Saint Gaudens Double Eagle. This gold coin has been considered by many people to be one of the most beautiful coins ever created. In addition to its beauty, investors privately acquire this gold coin which has outperformed gold bullion. This gold coin is worth $2125 today. Many other gold coins which you can choose from Aurum Advisor, here is to visit www.goldcoinsgain.com.

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