You don't have to be a "gold bug" to know what's going on. It's on the 6 o'clock television news, on the radio and the Internet. The value of the dollar is dropping and gold is hitting all-time highs -- up about $25 yesterday to a record $1045 per ounce. This is the longest that gold has stayed above the $1000 per ounce level, and it could indicate that $1000 will be the new floor. Nobody knows for sure what's going to happen in the days, months and years ahead--but many experts are saying that the dollar will continue to sink in value as the United States struggles to buy its way out of the current financial mess -- and so gold will probably continue to rise.
Since gold reached and surpassed $1,000 per ounce, many people are wondering if gold coins should be a part of their investment portfolio. Whether you are buying gold coins as a straight-bullion investment or with the possibility of increasing numismatic values, many financial advisors recommend that you have 10% or more of your total investments in gold.
Here are some excerpts from a pertinent article in Money Morning by Peter Krauth:
"As gold once again breaks the psychologically important barrier of $1,000 an ounce, all the pundits are wondering if it will last. So let me cut right to the chase. This breakout run in gold prices will last. Such key fundamental catalysts as increasing demand, lower supply, inflationary fears and a flight to safety have been driving the price of gold northward.
According to the World Gold Council, the world's central banks became overall net buyers of gold as of this year's second quarter -- the first time that's happened since 2000. And now, in a signature move, China has decided to take a remarkable step, choosing to take control of its own gold. Hong Kong [recently] announced that it would bring all its gold bullion back home, recalling the reserves from depositories in London. Hong Kong has just completed construction of a high-security depository at the Hong Kong International Airport, and plans to market the facility as a safe storage option to other Asian central banks, commodity exchanges, precious metals refiners, commercial banks, and exchange-traded funds (ETFs). This development can (and will) be spun in all sorts of ways, but what it really means is that China has lost confidence in the West."
And just this week, it was revealed that China and other countries are seeking to price oil with a new basket of currencies to replace the U.S. Dollar. If this happens, the dollar will likely drop even further in value--which, in turn, means that gold will rise even further in relationship with the dollar.
So whether you are a "gold bug," or just want to be cautious, you should consider diversifying a portion of your investments into gold. The gold coins selling at the lowest premiums right now are the 2009 1 oz. .999 fine pure gold Proof-like Brilliant Uncirculated Panda. Check out the price by clicking here. If you are considering ordering 3 or more, we can reduce the price a bit. Call 800-4-PANDAS or 800-472-6327 for up-to-the-minute prices on quantity orders. If you don't have that much money to invest, you can still start or expand your gold portfolio by ordering smaller 2009 gold Pandas in sizes of 1/20, 1/10, 1/4 or 1/2 oz. Click here to see all sizes of low priced 2009 gold Pandas.
P. S. Production of 2009 Pandas will come to a halt very shortly -- when production begins on the 2010 Pandas. That's when the 2009 Pandas will become collector's items in addition to their gold value. So you should seriously consider ordering now before possible price advances due to increases in the value of gold or the numismatic value of the 2009 Pandas.
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1-800-472-6327 or visit our website at