For the first time in history the troy ounce of gold rose to more than US $ 1,000 and oil at more than $US 110 barrel. This goes hand in hand with the collapse of the currency and the American economy. In 1979-80 revolutions anti-U.S. of Nicaragua and Iran made that an ounce of gold to fire from slightly more than $200 until just less than $700. This was then be dissipating until in June 1996 these prices fall then that IMF sold many ingots.
When you start the foreclosure crisis in North America many go running to gold. In November an ounce of the metal was at $800 and today has grown 25% more. Save on gold has high costs of storage and security, but do this is a measure that many go when falls the value and the banking interests of the main currency in the world. The dollar will remain low because Bush wants to avoid recession by reducing interest and having a currency underrated to be able to export more and import less. If before many Latin American currencies were much devaluaban against the dollar today happens the reverse. Original author and source of the article.
First of all we look at what coins one is interested in purchasing. We check out our extensive inventory (proof sets; wedding sets; mint sets; diamond rings; single gold and more), and if it is not in stock, then it can be ordered and available with 24 hours. At times – with very unique orders including platinum and palladium – it make take longer to get, but we can usually acquiesce just about anything.
In addition, for those looking to develop long-term solutions for wealth protection, we organize a free, no-obligations consultation with one of our top executives. It is important to remember that precious metals that are wroth more than $1,000 are tax-free.
When it comes to selling, we go through the following process: checking the condition, date and current price of the coin metal. If they have already been graded, a private consultation will establish their current fair market price. With gold items, we look at gold’s current price against how much the seller is looking for. We study the quality and carats. The only silver we buy is that with a silver mark, marked sterling/925 and branded silver. Basically we need to make sure we can assure its authenticity.