The Giant Panda Pure Gold Coin

Why should you invest in gold and other gold coins? In view of the current recession, gold provides a "safe haven" for investors. As the economy plunges, value of precious metals often increases. This translates to large profits.



The biggest precious bullion coin could be the Gold Nugget from Projects. Valued for $10k, the Australian government mints these coins inside of the form of 1kg coins containing pure gold. There are some other bigger coins available out there, however are not for mass production and impractical to take on. One good example could be the Vienna Philharmonic gold coin which is valued for 100k euro and this had minted some time in 2007. It is comprised of 31 kg of old gold. The second example may be the Maple Leaf, produced in Canada. Minted in 2007, it capabilities face value of one million dollars and it is made of 100 kg of silver.

In 1973, the Hunt family of Texas, the richest family in America at the time, chose buy gold funds investing; www.camedu.org, and silver as a hedge against inflation. Gold could never be held by private citizens at that time, so the Hunts started buy silver in enormous quantity.

Want you can get some gold or silver coins? American gold eagles are essentially the most effective way to speculate in gold ira rollover bullion coins if you're an American citizen. Built readily available and easily recognizable. Towards your silver investment, you can come up to own silver eagles or spend on junk silver coins, that US dimes, quarters and half-dollars minted prior to 1965. You will find these readily available.

So how is your 401k really doing? As I referenced to in the first one precious metals ira paragraph a great deal of real money has been lost since 2008 in many 401k procedures. Why many financial planners quote consider time to get back in and back their ill advice in the Dow being 12,000(only 3,000 less in comparison to the high in 2008) substantial not sharing vital strategies.

The Bible contains actions and lengthy description for this role that gold in the various forms played during King Solomon's reign (1 Kings Ch. 10). Maintain an item made of gold is always to possess something that has provided security and value for thousands of years.

I hope this article has informed and educated you on the power connected with precious metals in today's shady economic state. Learn how to prepare for the worst of times, so just know the best of times.