Historically gold, in particular, has been a stable, long term asset holding. Its value has never changed. A one-ounce gold coin will buy the same amount of groceries today as it did ten years ago, twenty years ago, fifty, a hundred, a thousand years ago. The correct determination of the value of precious metals is not how many Federal Reserve Note 'Dollars' it is trading for on the world market. The right value should be what other items of tangible worth you can buy with it. When financial brokers try to compare the value of gold with worthless paper, the 'Sophisticated' investor might be fooled but even a child can tell that the King has no crown! While many people place 10% to 15% of their net worth in precious metals based products, some individuals that are concerned about an impending economic collapse may purchase and hold considerably more.
Anxiety - THE STOCK MARKET VOLATILITY
Anxiety - INCREASING NATIONAL DEBT
Anxiety - RISING OIL PRICES
Anxiety - ON-GOING WAR ON TERRORISM
Anxiety - LARGEST FORECLOSURE ON HOMES SINCE THE GREAT DEPRESSION
Anxiety - BANK FAILURES SPINNING OUT OF CONTROL
Savvy individuals adding hard assets to their portfolio realize all of the aforementioned anxieties may be seriously underestimated. These same people foresee demand increasing while supply cannot keep pace, thus driving prices higher.
Because most of your gold and silver rare coins were minted prior to 1933 and 1921, there is only a finite supply available.
Demand comes from two primary areas:
- Collectors - Who have followed a life long pursuit in collecting numismatic coins with no intent to liquidate.
- Investors - Who buy coins for sheer profit realizing that proper portfolio management is the key.
Take this opportunity now to call BCC Precious Metals and allow us to help you tailor an acquisition based on your personal financial goals. Call 1-800-653-3525

