Long term gold coin investors are watching the price of gold closely lately. The price of gold per ounce closed at $1528 last week providing a key entry point for long term gold coin investors.
While some investors believe that the recent decline in the stock market is forcing some investors to sell gold and shift to cash, the truth is that the economic conditions are actually getting worse in our country and gold could be providing long term investors a good entry point to start acquiring gold coins.
The key number affecting the price of gold coins is the value of the dollar. In the short term, the value of the dollar is increasing. However the long term value of the dollar is still bearish with a government trying to inflate the currency to stimulate the economy.
Over the long term, investors are still urged to diversify a part of their portfolio with government issued gold coins. Global Gold Group can help you get started with gold coins. Visit our website at www.aglobalcurrency.com for more information and a copy of our free Investment Gold Guide.