A Prudent Investment with Gold Archive

POST PUBLISHED INDecember, 2010

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Analysts Remain Bullish on Gold Coins

December 23rd, 201010:18 AM ET

By jimmie west

Major analysts remain bullish on the prices of gold coins as the expect investors interest in buying gold coins to continue in 2011. Recently, BNP Paribas forecasted an average of $1,500 per ounce for gold coins in 2011, while Goldman Sachs has a 12-month target of $1,690 per ounce for gold coins. That would estimate another 20 to 25 percent ...
Gold Coin Interest Soars on Irish Bond Downgrade

December 22nd, 201011:28 AM ET

By jimmie west

Investors rushed to buy gold coins last week as another step in the European debt crisis hit the markets. Moody's Investors Services downgraded the sovereign debt of Ireland five levels last week to Baa1, or three levels above junk, from Aa2, with a negative outlook. The country's sovereign debt is now rated the same as Russia and Lithuania. T...
Gold Coins Up More Than 25 Percent This Year

December 20th, 201002:36 PM ET

By jimmie west

It's been another strong year for the price of gold coins. In fact, the return on gold coins this year is over 25 percent, topping the 13 percent return on stocks and negative return on most bonds. Investors buying gold have pushed the price of gold coins and bullion, as well as the price of other precious metals such as silver, platinum and ...
Roth Conversion Deadline Coming December 31

December 17th, 201011:33 AM ET

By jimmie west

Investors looking to spread out their tax liability by converting their traditional IRA to a Roth IRA during 2010 are facing a December 31 deadline. Under current rules, investors who convert their IRA by the deadline may be able to pay their taxes for the conversion over two years, instead of just one. Investors considering the IRA conv...
Gold is Cheaper Than Silver

December 16th, 201010:13 AM ET

By jimmie west

With all of the talk about investing in silver coins lately, the fact is silver coins are becoming expensive relative to gold coins. Investors in precious metals like to take the price of gold and divide it by the price of silver to determine a value ratio. Typically, the ratio runs from 40 to 60, with 60 meaning gold is overpriced and 40 mea...
Barclay’s Capital Expects Quick Return to Gold Coin Price New HighsBarclay’s Capital Expects Quick Return to Gold Coin Price New Highs

December 15th, 201002:38 PM ET

By jimmie west

Barclay’s Capital sees last weeks action in the price of gold coins as an opportunity for investors to buy gold coins as the company announced that its expects a quick return to new highs. The bank announced that the support of the gold coin price at $1360 per ounce showed a good sign that gold coin prices could hit $1440 to $1460 per ounce...
Gold Coin Prices Up Another 3.50% Last Week to Record High

December 14th, 201011:13 AM ET

By jimmie west

Gold coin prices were up another 3.50% last week, rewarding investors that have been dedicated to the long-term store of value from gold coins. The Federal Reserve continues to print dollars and purchase Treasury bonds to support the lagging United States economy. That’s a bullish sign for the continued rally in the price of gold coins. The pric...
November Gold Bullion Coin Sales Hit Three Month Record

December 10th, 201011:21 AM ET

By jimmie west

The United States Mint announced last week strong demand from investors buying gold coins during the month of November. More than 122,000 gold coins were sold during the month, topping sales for August, September and October. More than 100,000 one-ounce gold coins were sold to investors during the month, the most since 147,000 one-o...
CBS “60 Minutes” Interview on Sunday Supports Gold Price

December 07th, 201011:00 AM ET

By jimmie west

Federal Reserve Chairman Ben S. Bernanke said in a television interview on Sunday that the Federal Reserve buying of Treasury bonds beyond the $600 billion last announced may be needed,supporting the possibility that investors may flee to investments such as gold coins. Investors could push the price of gold coins up during the week because of the...
Protect Your Investment With Graded Gold Coins

December 03rd, 201003:21 PM ET

By jimmie west

Not all gold coins are created alike. When purchasing collectible gold coins, especially pre-1933 gold coins, it’s important to purchase graded gold coins to determine a level of quality. When buying gold coins check and make sure your dealer is a member of groups such as the American Numismatic Association, Professional Coin Grading S...
Fund Your Retirement Account Before Year End

December 02nd, 201001:20 PM ET

By jimmie west

The end of the year is right around the corner and it’s the perfect time to remember to start, or fund, your IRA retirement account for the year.It’s also the perfect time to consider converting your 401k rollover or IRA transfer into a gold IRA account backed with gold coins. Global Gold Group can help you fund your retirement account wi...