Gold Coins

I can still recall when we discussed back in college the importance of gold coins in the history of mankind especially in the field of commerce. Not only that it has become a measure of wealth and prestige but rather it helped commerce hastened its process. Today, we can only find gold jewelries, gold platted brooch and gold platted watches and other ornamental objects in our treasury box and none of gold coins. The reason why we don’t keep gold coins is because we find that it is not as important as those gold watches and brooch that we use daily. We thought that gold coin does not add value to us unlike signature gold watches that determines our status quo, and unlike the gold badge that determines our rank in society. If we look back on the history of gold coins, to your dismal, you will collect some just like some of your good old rugged watches kept in your treasury box.

From a personal point of view the idea why is it good to keep gold coins like any other gold made objects is simple. Let us consider gold coins as a measure of wealth and money at the same time. We know for a fact that the world is suffering from recession and during these days holding money does not invite you to spend since your main concern is to save it for rainy days, and does not invite you at the same time to invest since you will find that the atmosphere in the investment sector is in turmoil. The question is what you will do with your money? The answer is simple, since it is not likely to invest at this point in time. You must save the money in a bank perhaps. However, saving money in bank has a considerable risk that needs to be calculated since it is also an entity that invest money to investment areas which at present suffering from losses. Besides, the interest rate of your savings is highly dependent on the atmosphere of the market. When the demand for money is low, the interest rate of saving will have to be low as well. So you will see that savings is the only way left for you. However savings in banks will not leave you better off since it will have to incur a small interest rate. Another way which will leave you better off without comprising the value of you investment is by purchasing gold, it is either coins or whatever so long as it has a store value that is of equal importance to market. Buying gold coin now becomes an option. Today it is less expensive to buy and the future price is promising since when the market put a pressure on decreasing money supply and the market wants it to increase, then it has to induce value to gold coin so that it would be enticing for individual to sell it allowing the government to increase money supply. Showing to you a simple picture of how demand for money and control of it’s supply, the investment sector, banks as well as the current market condition interact and affect each other will help you decide on your money.

Another reason why is it good to keep gold coins is that it is safer compared to holding T-bills or Corporate bonds. When the economy is suffering from losses, it is difficult to speculate the security of T-bills, bonds and even buying Stocks is not a good option. Unlike gold, the value in the future remains stable whatever happens to the economy. It is like money that does not loose value. When it is weighted with the certain value in present, its value in the future is likely secure compared to any other investment. Learn more about it at Gold Coins Gain.