What is one of the most valuable minerals or currency on earth? The answer is gold. This statement has been an absolute truth for many generations. No matter the times, no matter the economic season, through depression, recession and inflation; this precious metal is highly valued. When there is war, like the first and second world war; the prices of this metal goes up and the gold market does exceedingly well. Therefore, where as investments like real estate, stocks, government bonds, businesses and other types of investments will collapse of lose their value significantly; gold will never do that.
Gold is traded in different forms. This may include gold bullions, gold coins, gold jewellery or gold certificates. Though women may love gold jewellery; there are even more enthusiast about gold coins. One type of gold coinage is the American Eagle. This came about in 1986, and was recognized and authorized as the United States official gold coin. This can be had from almost any dealer of the metal. If you are looking for an alternative for your investment, then the American Eagle gold piece is it.
In order to understand why they are a better option, you must learn about how they are valued. Though the coins may have a beauty about them, they are not valued because they look good and are appealing to the eye. Like any gold piece, jewellery or otherwise, a gold coinage price is determined by the amount of actual gold it has. Therefore the weight and content are overruling factors when a gold coin is priced. With that said, the American Eagle pieces comes in standard amounts. The United States official gold currency have one tenth, one quarter, a half and one ounce of gold that was mined within the country. Because pure one hundred percent composition would not be durable, the coins have been minted with a mixture of resistant alloys and other metals. This prevents them from being damaged by scraping or denting. With all that minting, which takes time, the American Eagle gold coin is twenty-two karats. The purest form has twenty-four karats; therefore the gold coin is 91.67% pure.
So if you have suffered very badly from economic hardships, lost real estate, became unemployed; did investing and lost millions of dollars, investing in this precious metal is a safer option. Stocks, real estate, bonds or even sports betting is not as reliable and grows consistently like gold investing. The experts project that this market will continue to grow for many more years. This will give you time, if done correctly, to make back some of the money you have lost. The purity of the United States official American Eagle gold coins makes investing that much safer for you. Remember always get a reputable gold dealer or broker.
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