Gold is the most popular of all precious metals as an investment. Coins containing gold first appeared around 800 BC and the first gold coins were struck about 300 years later during the reign of King Croesus of Lydia. Gold has been used throughout history as money. It is respected around the world for its value and rich history. That value and history have been interwoven into cultures for thousands of years.
Gold has maintained its value throughout the ages, unlike paper currency and other assets. “Investors generally buy gold as a hedge or harbor against economic, political, or social fiat currency crises (including investment market declines, burgeoning national debt, currency failure, inflation, war and social unrest).” (en.wikipedia.org). People also see gold as a way to preserve and pass on wealth from one generation to the next.
Gold has historically been an excellent hedge against inflation due to the fact that it tends to rise in value as the cost of living increases. Gold also tends to hold its value in times of financial or geopolitical unrest. These facts argue that gold has an important place in a well-diversified investment portfolio. The safety of gold as an investment is borne out historically as well as through current market values. Consumer confidence in gold as an investment continues to remain steady regardless of the economic climate. While the price of gold can be volatile in the short term, it has always maintained its value over the long term.
There are a number of ways gold can be purchased for investment. Gold bullion bars, Gold bullion coins, Gold Exchange Traded Products (ETPs), Certificates, Derivatives and even buying into a gold mining company. Recycling old gold jewelry has also recently become popular. Yellow River Rare Coins is here to help you diversify your portfolio with the addition of gold. We have inventory backed with the expertise to guide you into investing in gold coins and bullion. We can answer all your questions and whether you wish to enter this market with a splash or a ripple, we are here to work with you at your own pace. Dick Quitmeyer’s experience and qualifications, in addition to our “one-on-one” personalized service make Yellow River the place to buy gold.