Historical Value of Coins
If you had purchased $25,000 of gold bullion coins in the early 70’s and held on to it during the oil crisis, inflation, devaluation of the U.S. dollar, Savings and Loan scandal, recession, tech and internet bubble, cooked books, 911, and a real estate bubble you could sell that gold today for $524,999.00.
If you had purchased $25,000 of limited mintage investor gold coins over the same time line, you could sell that gold today for $1,377,257.00.
Gold is the ultimate asset. It is the purest form of money, and the oldest, most durable wealth-preserving asset on the planet. Governments can’t devalue it. It has no debts, no board of directors, no politicians or central bankers that can mess with its value. That’s why gold has survived every economy history has ever witnessed, and preserved investors’ purchasing power over a span of some 5000 years.
What economic conditions contribute to a safe and profitable gold IRA?
Negative economic, political, environmental, or monetary conditions contribute to a rising gold price. This is the reason gold has always been referred to as the “crisis commodity.”
The following trends weaken stocks and other paper investments and usually cause the price of gold to rise:
* High Oil and Gas
* Weakness in the U.S. dollar
* Budget deficits
* Stock and bond market
* Bank Failures
* Defaults on loans
It’s no wonder why investors the world over are gravitating to such a stable and profitable vehicle.