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Gold has remained an excellent investment through 2022 since its value has not fluctuated like that of other assets, such as cryptocurrency and stocks. Investing in gold can be a very profitable venture, but it’s important to know what you’re doing and avoid making common gold investment mistakes. Here are six common mistakes people make
In all, it’s been estimated that around 200,000 tons of gold have been extracted over the course of human history. In that time, people have turned gold into various valuables and treasures, including jewelry, decorations, and coins. Today, gold coins are still a very valuable commodity and investment for many people. But where can you
Gold coins can be a great investment, particularly if you want to diversify your portfolio and get some physical investments. The US Mint alone sold more than 1 million ounces of gold coins in 2021, showing a sharp increase over previous years. It’s a good time to buy gold coins, but you might not be
In November 2016, Forbes magazine (commonly known as “Forbes”) published an article titled “Four Reasons Why Gold Is A Bad Investment.” Despite being a business magazine with a stellar reputation, established 1917, they really missed the boat with this article.
On our Specials Pages, we offer for sale—at really low prices–various forms of gold and silver. For example, on our Gold Specials Page you will often find small old European gold coins, old US gold coins, scratched or slightly dinged coins, and commemorative coins.
As can be seen in the graph, the world’s central banks were sellers of gold up until the 2008 World Financial Crisis (WFC). After which, they became strong buyers, with the last six quarters seeing significant buying.
I recently received a promotion for MS63 $10 Indian Head coins at the supposedly fabulous price of $1,195 each. The real market for these coins is just above $800.
For the 45 years that I’ve been a gold/silver dealer, I’ve never recommended numismatic or collectible coins. And, I’ve been proven right.
In March 2017, a 100-kg .99999 Gold Maple Leaf was brazenly stolen from Berlin’s Bode Museum. Now, more than two years later, four men are on trial for the theft.
Sometimes it is just as important to know what NOT TO BUY as it is to know what to buy. High premium coins promoted by telemarketers fall into the category of what not to buy.
