Make Huge Profits Investing In Gold
Gold is real money, real wealth. No other form of currency has endured the test of time as it has. For thousands of years it has been relied upon as a measure of wealth, and for good reason too.
Currencies all over the world, every single year, go down and down in value, and that's why every single year prices of goods and services go up. The money in your pocket or in your bank is effectively worth less and less each year. Your money is now buying way less than what it would have bought you 100 years ago, whereas an amount of gold bought a 100 years ago would now buy you way more.
Gold only cost $34 per ounce back in'70 and now, in 2009, it has hit a record price of $1150 per ounce. Gold investors have made huge profits over these past few years - just last year gold could be purchased at $800. That's a huge 30% increase in just 1 year alone. As for the future, Citigroup, USB and other big investment firms have predicted gold prices to hit over $2000 an ounce in the very near future.
You have two main investment opportunities as far as gold is concerned - bars or coins. Gold bars are what most people think of when they think of gold and whilst they are a great investment, the upfront cost for them puts them beyond the reach of most investors. Gold coins on the other hand are valued in the same way, are an equally good investment opportunity, yet are much more accessible and affordable.
So, where is the best place to purchase gold coins? You can buy them from either a local gold coin store or from an online coin store. Whichever you opt for, be sure to only go with a reputable seller, ideally one that has reviews and testimonials that you can actually check up on. You don't need a great deal of money to start with, and with just a few hundred dollars you can start amassing your future fortune.
One final point, just in case you're not yet convinced about the prospect of investing in gold - recent reports have shown that a $1000 investment, made in'70, in rare gold coins, would now be valued at nearly $60,000. - 23218
Currencies all over the world, every single year, go down and down in value, and that's why every single year prices of goods and services go up. The money in your pocket or in your bank is effectively worth less and less each year. Your money is now buying way less than what it would have bought you 100 years ago, whereas an amount of gold bought a 100 years ago would now buy you way more.
Gold only cost $34 per ounce back in'70 and now, in 2009, it has hit a record price of $1150 per ounce. Gold investors have made huge profits over these past few years - just last year gold could be purchased at $800. That's a huge 30% increase in just 1 year alone. As for the future, Citigroup, USB and other big investment firms have predicted gold prices to hit over $2000 an ounce in the very near future.
You have two main investment opportunities as far as gold is concerned - bars or coins. Gold bars are what most people think of when they think of gold and whilst they are a great investment, the upfront cost for them puts them beyond the reach of most investors. Gold coins on the other hand are valued in the same way, are an equally good investment opportunity, yet are much more accessible and affordable.
So, where is the best place to purchase gold coins? You can buy them from either a local gold coin store or from an online coin store. Whichever you opt for, be sure to only go with a reputable seller, ideally one that has reviews and testimonials that you can actually check up on. You don't need a great deal of money to start with, and with just a few hundred dollars you can start amassing your future fortune.
One final point, just in case you're not yet convinced about the prospect of investing in gold - recent reports have shown that a $1000 investment, made in'70, in rare gold coins, would now be valued at nearly $60,000. - 23218
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For more information on the best places to buy gold coins visit http://www.gold-coins.com.au, where you can also see the latest gold price.
posted by X - Men @ 9:03 AM
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