A Prudent Investment with Gold

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Posted 4/10/12 at 10:47 AM | jimmie west

Silver Coins Up 16 Percent This Year

The price of silver has been strong this year. For the first three months of 2012, silver coins were the strongest commodity, behind gasoline and platinum.

Investing in silver has scored patient investors a 16 percent gain so far this year to $32.39 per ounce. The gold/silver ratio, or the amount of ounces of silver needed to buy an ounce of gold, trended towards 51 last Friday.

At Global Gold Group we have a wide variety of silver coins for investors. Buying silver coins is just as simple as checking out our website and speaking with our professional investment advisors. Check us out at www.aglobalcurrency.com today.

Posted 4/9/12 at 9:19 AM | jimmie west

Gold Ends First Quarter Up More Than Six Percent

Gold prices squeezed out a gain for the first quarter of 2012. Prices rebounded to $1671.90 per ounce during the week after providing a buying opportunity down near $1650 per ounce.

Part of the strength in the price of bullion was due to the nearly two percent drop in the value of the dollar. Traditionally, the price of gold has traded the opposite direction of the value of the dollar. The dollar fell to a one month low in value against a basket of currencies, including the Euro.

"A shift in focus from the negatives in the euro zone to the negatives in the U.S. may influence gold prices in the medium term," said HSBC analysts in a letter to investors.

The price of gold is showing a recovery after the fact that gold was building a base price level we uncovered last week. This appears to be a good entry point to invest in gold and buy gold coins. Check out our website today at www.aglobalcurrency.com for free information about investing in gold.

Posted 4/4/12 at 10:25 AM | jimmie west

Turkish Government Takes First Steps Towards Confiscating Private Gold Holdings

The government of Turkey announced its first steps last week to confiscate gold from its citizens. It's a flash back to the early 1930s when the United States government made it illegal to hold gold bullion, with a special exemption for pre-1933 "collectable" gold coins.

The Turkish government announced an initiative last week to gently encourage its citizens to convert their gold holdings into currency-based bank accounts. They are planning special incentives for people that deposit their gold in bank accounts and further limited the amount of gold that the nation's bank can hold to a maximum 10 percent of total assets. The excess would have to be sold or handed over to that nation's central bank.

Turkey may be the first nation to make these moves with others to follow. In the United States, presidential order decreed that pre-1933 collectable gold coins are non-confiscatable by the government. If you are now holding gold bullion coins, it may be worth looking into converting your holdings into these collectable gold coins in the event that more nations decide to follow the moves in Turkey.

We can help you protect your gold bullion from possible confiscation with pre-1933 collectable gold coins. For more information, please check out our website at www.aglobalcurrency.com before it is too late.

Posted 4/3/12 at 9:36 AM | jimmie west

Investors Protect Themselves Against Inflation by Buying Gold

What are you doing to protect yourself against the current threat of inflation across the world? Not worried because the government is telling you that inflation is not a risk in the current economy? All you have to do is look around your neighborhood and you can see first hand that inflation is indeed hitting the economy. Are food prices going up? Are mortgage interest rates going up? Honestly, the easiest way is to look at your local gas station. Is gas over, or getting close to, a record high of $4 per gallon?

The fact is we are indeed experiencing inflation in the economy despite the fact is claiming that inflation does not exist. That's because the Federal Reserve is deliberately inflating the currency with QE1, QE2, the twist, the mamba, the whatever they want to call printing more dollars. Inflation is already an issue and it is only going to get worse.

The way to protect your lifestyle and family's life savings is to invest in gold and gold coins. Gold functions as a hedge against the devaluation of the currency and the threat of inflation. Don't risk your future at the hands of the Federal Reserve. Diversify your portfolio by increasing your savings with a hedge against inflation with high quality gold bullion and collectable pre-1933 gold coins. You can even use these coins for your 401k rollover and IRA transfer retirement accounts. Visit our website at www.aglobalcurrency.com for more information about buying gold coins.

Posted 3/27/12 at 2:55 PM | jimmie west

Flat Gold Prices Building Base

The price of gold ended flat last week as investors paused for a moment to review the recent price action in the precious metal. Often a flat week with decent trading volume indicates that the price of gold has found a support level in the price and is building a new floor base. This bullish move often indicates that the selling price has matched the buying price and could indicate that the metal is ready for another run higher.

In another bullish move, the dollar weakened meaning the price of gold, which is priced in dollars, also declined in price relative to other currencies. This important move means that investors in other countries have seen the price of gold come down and could bring a new round of people buying gold coins next week.

The trend in the price of gold bullion and gold coins appears to be building momentum for another strong move. Don't miss out on the coming gold rally. Check out our website at www.aglobalcurrency.com today to get more information about investing in gold coins as protection against government currency devaluation and the growing inflation threat.

Posted 3/23/12 at 3:52 PM | jimmie west

March Silver American Eagle Sales Top 1.6 Million

The United States Mint is announcing strong demand for investors buying silver coins. More than 1.6 million silver American Eagle coins have been sold so far in March. Buying silver coins has really taken off compared to the 1.49 million sold in February.

In fact, the sales of most American Eagle and American Buffalo coins so far have doubled this month compared with last month due to strong demand from people investing in gold coins and buying silver coins.

Gold coins and silver coins provide investors with strong asset protection against the threat of inflation and currency devaluation. Gold and silver bullion coins also make great investments for retirement accounts including 401k rollovers and IRA transfers. For more information about investing in gold and silver, including a free Investment Gold Guide, please check out our website at www.aglobalcurrency.com today.

Posted 3/21/12 at 10:34 AM | jimmie west

Central Bank Shocks Market Buying Four Tons of Gold Bullion

A large Asian central bank has been in the gold market the last couple of weeks snatching up four tons of gold bullion. Industry experts and the financial press are buzzing about the large purchase – worth about $250 million at current gold price levels.

While the identity of the buyer is not disclosed until the gold is finally delivered, most analysts believe that the central bank buyer is probably based in Asia. Additionally, Credit Suisse note to clients last week noted strong central bank buying of gold seen last Friday.

Last year both the Philippines and Thailand were big buyers of gold bullion to help diversify their dollar currency holdings.

For the latest news updates on this developing gold investment story, please check out our website at www.aglobalcurrency.com.

Posted 3/19/12 at 2:37 PM | jimmie west

Consumer Prices Supporting Strong Price of Gold

The price of gold bullion and gold coins should find a surprising source of support in the next couple of weeks. Consumers excited about a recovery in the economy have been rushing to the stores in the last couple of weeks. While this might been seen as bullish for the economy, it is actually more bullish for the price of gold.

The fact is there is simply too many dollars chasing too few goods. For followers of the gold coin market, that sounds like inflation – which is bullish for the price of gold. The Federal Reserve's printing of money over the last few years is endangering the economic recovery by lighting the fire of runaway inflation.

The Labor Department announced last week that consumer prices in February increased 0.4%. Even more important, people across the country have seen gas hit the $4, and in some areas $5, price level.

Runaway inflation is now evident in the economy and provides bullish support for the price of gold bullion and the price of gold coins. Now is the time to consider investing in gold and buying gold coins to protect yourself against the coming inflation. For more information, including critical news updates, please check out our website at www.aglobalcurrency.com.

Posted 3/15/12 at 10:44 AM | jimmie west

Federal Reserve Meeting Could Provide Bullish Move for Gold and Silver

The Federal Reserve Open Market Committee will be meeting this week and the consensus, or lack thereof, could sway the price of gold and silver this week. They will be meeting on March 13 and precious metal investors will be paying close attention to the comments.

No change in the direction of the Federal Reserve is expected, however investors should pay close attention to the comments made about the continuing recovery of the United States economy. The main focus should be the impact of the rising gas prices and the possibility of additional quantitative easing to stimulate a stalling economic recovery.

Stay tuned to our website for the latest information on the price of gold and the price of silver. You can check it out at www.aglobalcurrency.com.

Posted 3/13/12 at 10:54 AM | jimmie west

Gold Analyst Survey Predicts Higher Price of Gold

The price of gold is heading higher according to a recent survey of gold price experts. In the weekly survey, 11 of 21 gold analysts, or more than 52 percent of those surveyed, expect the price of gold to be higher this week. In a Bloomberg survey, 16 of 23 analysts, or nearly 70 percent, expected the price of gold to increase this month.

So far this year, the price of gold is up more than 9 percent or more than $144 per ounce. It is the third best performing metal so far this year.

With the price of gold predicted to rise this week, this is the perfect time to buy gold as an investment. We offer high quality gold coins including American Eagle gold coins, American Buffalo gold coins, South African Krugerrand gold coins and even Canadian Maple Leaf gold coins. Global Gold Group is also your perfect source for collectable pre-1933 gold coins. Check out our website at www.aglobalcurrency.com for free information.

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