gold future
I desire to start by asking an easy problem. What is the most valuable material or product on earth? I believe that gold has the greatest significance. I read Nick Godt, MarketWatch,” NEW YORK (MarketWatch) — Gold futures finished at a record Friday, after earlier tapping $1,100 an ounce, as news that the U.S. unemployment rate topped 10.2% in October lifted expectations the Federal Reserve will keep interest rates near zero well into next year, pressuring the dollar.”
『By year end, it wouldn’t surprise me to [see gold] test $1,200 and then $1,300 by early next year before we see some consolidation.』 said Joe Foster, manager of the Van Eck International Investors Gold Fund. I think this will happen. So why not try collecting certified gold coins to see if we can earn some money.
I surf the net looking for information on American eagle gold coin value. On the site of the United States Mint it says “Authorized by the Bullion Coin Act of 1985, American Eagle Gold Bullion Coins quickly became one of the world’s leading gold bullion investment coins”. American Eagle Gold Bullion Coins have some advantages:
- Government Guarantee
- Investing in Gold
- Easy to Buy and Sell
It seems to be a good investment. Now it will make me change my mind. I continue to read Rocky Vega,”Why Gold Bullion May Outperform Mining Stocks”. He said ”It’s been 14 months since mining stocks were last as expensive as they are now relative to physical gold. So, mining stocks may turn the performance lead back over to the bullion price”. So you should not buy mining stocks. You ‘d better watch out this warning.
Tags: bullion, gold, gold bullion, gold coins, 評論
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