NOT ALL GOLD IS CREATED EQUAL - PRE-1933 GOLD LESS VOLATILE THAN BULLION
Most would agree that the daily spot price of gold is impacted by
several factors, not the least of which is the U.S. Dollar Index and
global market conditions. Since 2001, these have been the driving
forces in gold's climb from $265/oz. to over $1,000/oz.
Recently the dollar has rallied and oil prices have dropped sharply,
resulting in the pull-back of gold prices.
Yet most analysts remain bullish on gold long-term. In the words of
world-reknowned economist Jean-Marie Eveillard, "Value investors must
be willing to suffer short-term pain for long-tern gain."
Holders of Mint State Pre-1933 U.S. gold coins do benefit from rising
spot gold prices, however, the volatility of corrections reflected in
the spot price are tempered by limited availability of pre-1933
investment grade gold, making it the perfect form of gold to own for
long-term capital appreciate and wealth preservation.
The "privacy factor" adds to the appeal of certified pre-1933 gold coins, creating more demand that the supply can accommodate, which can result in an appreciation in the value of these coins even when gold bullion prices depreciate.
Ultimately, a new breed of financial advisors and investors see the diversification, risk management, and hedge offered by mint state pre-1933 gold coins as a necessity in every portfolio, regardless of the short term movement of the spot price of gold.
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