Opportunities in the Gold Market

There are many claims that gold is an investment. This could be true that the price of gold may rise and increase in value though it is better to look at gold as an asset. Gold truly is the most bare form of money as gold is the one form of money that if all paper money collapsed you would be able to barter with.

The main role of gold is as a safe haven from economic stress more than purely just a return on your money. That is not to say gold will not go up. Past performance doesn't means their will be future gains though it can be the best way to understand the value.

The opportunities in the gold market are going to be based on your risk level. This post is not to be an expert on how to buy and sell gold. The goal is to open your eyes to the possibility that now may be a good time to buy gold and for you to learn more from a trusted brokerage firm.

Considered by many as the best way to own gold is numismatic gold coins or what is called rare gold coin. Rare gold coins have two values. First, the gold content gives them inherit value with the price of gold. Second, the rarity of numismatic gold coins has potential for greater gains in profit. The gold content in rare gold coins is the same as bullion coins though rare gold coins are not minted any more and now thousands and thousands of gold bullion coins are minted each year.

As it stands today there is an estimate that a few hundred thousands numismatic gold coins are in existence in what is called mint condition. On the contrast there are literally tens of millions of gold bullion coins in existence right now circulating.

Due to the scarcity rare gold coins have typically out performed gold bullion coins. This is a generality and there have been exceptions to that rule. Rare gold coins still have the same gold content as gold bullion coins which adds to them being a safe haven.

Other advantages of rare gold coins is that they are exempt from the federal government ever confiscating your private gold collection. You may not think this would ever happen though it happened in 1933.

Rare gold coins are considered a private collection of collectibles which doesn't make the sale or purchase subject to the same rules as gold bullion coins.

The best way to understand if rare gold coins is right for your portfolio is to talk to a certified brokerage firm that has years of service. A plus ratings at the better business bureau is a good place to start.