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The Dow is hitting pre-crash highs,How to Invest in Gold Coins – Avoiding the Mistakes of the New Investor Articles companies are reporting positive earnings, and the financial media is saying that we are looking at what could be the beginning of a new bull market. Sounds great, doesn’t it?
What could possibly go wrong?
Well, according to some experts, there is overwhelming evidence that the next stock market crash could strike any day now and its scale could be historic. That sounds dire. What is needed is some kind of wealth insurance but what would that be?
Gold.
And it’s not just the stock https://investingold.blob.core.windows.net/goldiracompanies2/goldpricepergram/gold-price-per-gram.html market: If you’re concerned with sovereign risk, such as the collapse of the U.S. dollar, runaway inflations, or another disruption of the world’s financial system, gold is also your go-to. Experts agree that diversification is your best portfolio protection. But gold is more than a hedge against financial instability, gold has also experienced impressive growth. While it’s true that gold has taken a price break in 2013, in the previous 12 years gold prices rose steadily. No other commodity, in the history in the U.S., has ever gone up for 12 consecutive years. Gold’s price is already showing signs of another boom in 2014.
Is It Worth Investing in Gold Coins?
Many experts suggest that most people should probably allocate around 5%-15% of their portfolios to gold, so the simple answer is definitely “yes.” Modern bullion coins allow investors to own investment-grade gold legal tender coins at a small premium to the spot price of gold as quoted on the markets. The value of bullion coins and bars is determined almost solely by the price of gold, and thus follows the bullion price.