Gold is your wealth portfolio’s insurance policy. Just like you wouldn't own a home without insurance, you shouldn't have a portfolio without gold. Owning gold bullion or coins is not about making a huge profit, it is about minimizing risk to the downside. Still not sure if adding gold to your investment portfolio is for you? Here’s a few things to consider:
The global silver-coin market is in the grips of an unprecedented supply squeeze, forcing some mints to ration sales and step up overtime while sending U.S. buyers racing abroad to fulfill a sudden surge in demand.
If gold were allowed to trade freely, it would be priced at a significantly higher level than where it is now. The problem is that a rising price of gold would signal to a large portion of the population that something is drastically wrong with the U.S. financial, economic and political system.
You probably touch and see coins every day, but when was the last time you stopped to think about where they came from? The coins that are in your car, wallet, or sitting on your nightstand have a rich history behind them, as does the place they were made. Although the United States Mint is fairly new compared to other Mints around the world, it has still undergone many changes in its lifetime.
Throughout history, gold has always played an important role in the international monetary system. The earliest known use of gold was in 645 B.C. in Lydia (present-day Turkey). At that time, gold was part of a naturally occurring compound known as electrum, which the Lydians used to make coins. By 560 B.C., they figured out how to separate the gold from the silver, thus creating the first truly gold coin.
If you're new to investing in precious metals, you're probably overwhelmed with all of the options available to you. There are many ways to invest in precious metals, but one of the most popular methods is a physical investment, meaning you physically own the piece of gold, silver, platinum, or palladium. The most traditional way to do this is to invest in bullion. Bullion is typically priced according to its weight with small premiums above the gold bullion price. If you're new to investing or looking to expand your portfolio, here are six of the most popular gold bullion coins to invest in: