A Prudent Investment with Gold

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Posted 3/12/12 at 11:48 AM | jimmie west

Greek Bondholder Haircut Builds Gold Price Base

The price of gold head steady last week. Even with strong unemployment numbers, the continuing crisis in Greece supported the buying of gold coins. Last week, a new round of forced bond swaps took place in Greece forcing investors to take a fraction of the original value back in newly issued bonds. The haircut means up to a 50 percent loss in value for Greek bond investors.

The deepening European crisis means that further quantitative easing and foreign debt swaps at a loss could very well occur. While it appears the economy is healing in the United States, rapidly rising gas prices could threaten or stall the fragile recovery.

Don't miss out on the next bull move in the price of gold. Check out our website today at www.aglobalcurrency.com for a free Investment Gold Guide and all the latest news affecting gold investments.

Posted 3/7/12 at 2:36 PM | jimmie west

Gold Builds Support at $1700 Level

The price of gold bullion and gold coins has found a support at the $1700 price level. The continued sovereign debt crisis as well as strong Asian buying is helping the price of gold build a base near $1700. The building of a base is a strong bullish signal because it provides gold coin investors with a price floor of support for new price appreciation.

The price of gold also has been supported by the investment of dollars into retirement accounts before the April 15 tax deadline. Investors can buy gold coins for retirement accounts such as 401k rollovers and IRA transfers.

For more information about investing in gold coins, check out our website at www.aglobalcurrency.com today.

Posted 3/6/12 at 11:15 AM | jimmie west

National Debt Interest Payments Hits $5 Trillion

As the national debt keeps growing, so does the interest payments. The Congressional Budget Office announced this week that the interest alone on the national debt is expected to hit $5 trillion in the next decade. Coupled with rising interest rates, each percent over a benchmark five percent interest rate is estimated to cost an extra $1 trillion in interest payments.

Further, the government agency estimated that 14 percent of all taxes received by the United States government will have to go directly to servicing debt interest payments. According to many experts, governments are considered unable to service their debt load when interest payments reach 30 percent of tax revenue.

The looming threat crisis makes gold coins a great investment against the threat of inflation. Don't lose your life savings due to government overspending. Protect your money by buying gold coins. Gold coins also make a perfect investment for gold IRA accounts including 401k rollovers and IRA transfers. Visit our website at www.aglobalcurrency.com for free gold investment information.

Posted 3/2/12 at 10:37 AM | jimmie west

US Mint Halts Sales of Silver Coins Due to Strong Demand

The United States Mint last week announced that they have halted the sales of silver coins because the strong demand for the metal has pushed the price up and prices for collectable coins needed to be readjusted.

Affected by the halt for price adjustment where the 2011 America the Beautiful five ounce silver uncirculated coins as well as the 2011 Uncirculated American Eagle silver coin.

Previous suspension of sales from the United States Mint has lasted days, or weeks, based upon the market conditions. Silver coin collectors were also curious about the release of the new 2012 American Eagle silver coins which has not been announced yet.

The strong demand for silver coins is a bullish sign for the market. Check out our website at www.aglobalcurrency.com for more free news articles about the current high demand for silver around the world.

Posted 2/28/12 at 10:14 AM | jimmie west

Silver Coin Prices Jump Seven Percent Last Week

Strong buying is pushing the price of silver to levels not seen since last September. The price of silver topped $35 last week as the metal posted a strong seven percent price rally. Silver so far is on pace for a 30 percent price gain just in the first two months of this year.

Meanwhile, the gold/silver price ratio, or the number of silver ounces needed to buy an ounce of gold, dipped below 50 last week. This was the lowest level in months as the price of silver has outperformed the price of gold.

Experts think the pickup in economic activity and the possible hoarding of silver by large industrial nations may be pushing the price higher.

At Global Gold Group, we specialize in enabling investors to leverage their portfolios with gold and silver coins. Has your portfolio gained nearly 500 percent in the last few years? Well, the price of gold coins and silver coins has. Check out our website at www.aglobalcurrency.com today for free information about how to buy silver coins for investment.

Posted 2/27/12 at 12:21 PM | jimmie west

Gold Notches Largest Gain in Four Weeks

The bulls were running last week in the gold market. The price of gold scored its largest gain in four weeks, closing the week at the patriotic $1776.40 level. The precious metal fell a little on Friday, yet still achieved a three percent gain for the week.

Experts felt the continuing several year zero interest rate bias from the Federal Reserve and the expectations of further quantitative easing from China accounted for the strong rally in the price of gold bullion and gold coins. Other experts also believe that the tax related buying of gold coins for retirement, accounts such as IRA transfers and 401k rollovers, before the April 15 deadline also spurred investors looking to buy gold coins in the United States.

With the Greek financial issue still in questions, investors believe that the fears of further European easing through printing of Euros will further push the price of gold higher.

Gold is currently on track for its second consecutive monthly gain this year.

Don't miss out on the current bull run in the price of gold. At Global Gold Group, we help investors like you invest in gold with high quality gold bullion coins and collectable pre-1933 gold coins. For more information about buying gold for your portfolio, please visit our website at www.aglobalcurrency.com for free information today.

Posted 2/24/12 at 9:58 AM | jimmie west

John Paulson Remains Bullish on the Price of Gold

The outlook for the price of gold remains strong, according to the analysis of Paulson & Company. While the firm had to cut its gold holdings due to customer year-end redemptions, they remain bullish on the price of gold as a hedge against inflation.

According to the firm, Paulson & Company expects the threat of inflation to linger, which would be bullish for the long term price of gold.

Meanwhile, investors such as George Soros; the Teacher's Retirement System of Texas and PIMCO have all increased their exposure to gold in the fourth quarter of 2011.

Want to be part of the investment that has some of the leading investors in the world turning bullish? Don't miss out in the next big price run in the price of gold coins and gold bullion coins. Visit our website today at www.aglobalcurrency.com to learn more about the investment that has increased in value more than 500 percent in the last decade.

Posted 2/23/12 at 9:32 AM | jimmie west

Gold Coins Up 10 Percent in 2012

The price of gold coins has increased double digits in 2012. While it did not post much of a gain last week, it still is up 10 percent in the first six weeks of the year to $1,725.90 per ounce.

Meanwhile, the price of silver is up nearly 20 percent this year as investors rush to buy silver coins for investment. The price closed at $33.216 per ounce on last Friday's closing.

The price of gold is expected to be strong for the next few weeks as investors shift retirement funds into gold coins. We can help you diversify your 401k rollover and IRA transfer funds into government backed gold bullion coins. Don't miss out on the next bullish move in the price of gold or silver. Check out our website at www.aglobalcurrency.com for free information on buying gold coins.

Posted 2/21/12 at 1:17 PM | jimmie west

Chinese Gold Demand Expected to Top India in 2012

Experts believe that 2012 will be the golden year in China. This year, the demand for gold in China is expected to top the demand for gold in India for the first time. With the demand for gold at a 14 year high last year, the amount of Chinese gold demand is expect to be high.

China consumed more than 190 tons of gold in the fourth quarter of last year, compared with India's more than 173 tons. This was the first time in recent history that the demand for gold in China passed the demand for gold in India.

Total demand for gold in China was last year was 769.8 tons, an increase of 20 percent over 2010. Meanwhile, the demand for gold in India was 933.4 tons – a number China is expected to pass this year.

Central banks were also big buyers of gold bullion and gold coins in 2011. They bought more than 439 tons of gold in 2011, compared with less than 80 tons in 2010. It was a record number going back to 1971 and experts from the World Gold Council expect the demand to continue.

With strong demand for gold from China and central banks all over the world, we can help you position your portfolio to take advantage of this demand. We offer government issued gold coins that have increased in price more than 500 percent in the last decade. For more information, please check out our website at www.aglobalcurrency.com.

Posted 2/17/12 at 9:32 AM | jimmie west

Gold IRA Contribution Deadline Coming Soon

Don't miss out on the deadline for making a contribution to your gold IRA account for 2011. The deadline of April 15 is quickly approaching.

High quality gold bullion coins make a great investment for your Roth IRA or Traditional IRA contribution. Coins such as the popular American Eagle gold coins issued by the United States Mint are available for purchase in your gold IRA account. After all, is your IRA account up more than 500 percent in the last few years? If it was a gold backed IRA account, chances are you would be enjoying large gains in your self directed retirement account.

We can help you make your IRA account contribution for 2011 before the deadline. Simply visit our website at www.aglobalcurrency.com today to ensure you don't miss the deadline.

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