What Rare Old Coins Can Be Worth
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Collecting gold coins is considered a valuable investment. Many people collect them as their hobby. Before five years ago, one could pay half the price for gold as compared to today. Therefore collecting gold coins is a hot favorite for collectors giving them both fun and good investments.
old coins value
One thing to keep in mind if you choose to invest in gold coins is that older coins tend to be worth more than newer ones. Collectors of coins think of it as a long term investment, older coins drive up their value. As an investment, gold coins need to be kept for at least a year in order to get maximum return on your investment. Think of gold coins as a part of your investment portfolio, they are a good investment to have during these economic times.
silver dollar coins
Many things can determine how valuable a gold coin is. The condition, age and number of coins that were originally minted are all included. Among the more searched for gold coins are the Spur Royal, the Solidus, and the Aureus.
collectible coins for sale
The Spur Royal is a hard to find English coin created during the King James I time. The first issue was worth fifteen shillings. The scene on the coin is of a king on a ship, and he is carrying a shield and sword. The following inscription is around the picture. “IACOBUS DG MAG BRIT FRAN ET HIB REX – translated meaning, James by the grace of God Kng of Great Britain France and Ireland”. The reverse shows a rose beneath a star with a lion and crown in each quarter section of the coin. On the back is the motto “A DNO FACTUM EST ISTUD ET EST MIRABILE – This is the Lord’s doing, and it is marvelous.” The Arues is an ancient Roman gold coin. 25 silver denarii is what it was originally valued at. The coin was minted of 99% pure gold which is greater than the 90% gold used in a United States gold dollar.
The Solidus was an ancient coin minted by the Romans, and it was first introduced around 301AD. The coin was worth 1000 denarii at the time it was minted. Romans soldiers were paid with coins called Solidus, which is where the word soldier comes from.
Rare gold coins can sell for astronomical amounts of money. The most valuable coin sold was a rare $20 Double Eagle, that was bought in July of 2002 for over 7 million dollars. While not every investor can find the coin that will bring that kind of money, every investor can enjoy the satisfaction of owning gold coins.
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Gold Investment Fundamentals and the Transfer of Capital
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The Secular Bull Market in Gold Investments corresponds directly to the Secular Bear Market in Financials. We explain why this trend will continue and why a short-term buying opportunity in Gold presents itself.
Central Banks are in all sorts of a pickle.
With overwhelming evidence that the global economy is slumping badly:
* UK Retail Sales see Worst Slump in 20 Years
* Business confidence in Germany is at lowest level in 2 years
* New Zealand’s central bank cutting interest rates saying slowing economic growth will curb inflation.
* Japanese exports decreasing YoY, and imports climbing on record Oil prices.
* US unemployment at 4-year highs
The knee jerk reaction by central banks is to man the printing presses and hit the accelerator. And whilst this medicine has worked well over the last 25 years, Central Banks are now hitting a brick wall that they haven�t encountered since pre-Keynesian 1930s.
Freshly minted fiat currency is falling into the hands of a crippled banking sector with little capital, ability or desire to carry out the multiplier effect and make loans to real people in the real economy. In a debt laden global economy with no reverse gear this headwind is possibly the biggest threat the Federal Reserve and its ilk aka the establishment have ever faced in carrying out monetary policy
Point #1 � Gold investors are well aware of the risks inherent in the current financial system.
The beauty of capitalism and the associated free movement of capital is that smaller more focused entities aka Hedge & Private Equity funds can and are rapidly moving into long held banking preserves.
* Direct lending to mid and small cap entities is now a well worn hedge fund territory.
* Extracting value through Shareholder activism.
* A much larger pool of capital available for short selling.
* Private Equity funds increase investment time horizons.
Highly secretive and operating out of non-transparent domiciles these entities are by and large out of the reach of the central banking system.
Point #2 � Hedge Funds and Private Equity Funds do not benefit from Fed handouts and would be better served by a currency that acts as a stable store of wealth � Gold!
The transfer of the financial system is akin to the explosion of information on the internet. The players that used to have a monopoly on information become less effective. There will be winners and there will be losers. But right now a bet on Gold Investments like Gold Stocks and Gold ETFs is a bet against the Establishment and the out-dated mega-banking system.
Slower growth will continue to cause problems for financials as bad debts soar, and as a result Gold investments will continue to propel higher in its multi-year Secular trend.
The above trend stretched too far technically over the last 3-months and there has had a rapid reversal over the last 2 weeks. This is a technical pullback only and the above fundamentals have not changed. There�s more to come in this fundamental story and Gold investments (we use GLD gold Exchange Traded Fund) and we could be getting close to another buying point for gold soon.
Gold Investment GLD Fund Prices – $85 is strong support as a confluence of lateral support and the 50-week Moving Average converge. Its just a matter of time before we have another entry point to add to our positions and or make another profitable gold investment.
By Chris Vermeulen
chris (AT) thegoldandoilguy.com
Chris Vermeulen is a veteran trader of gold and oil who makes his methods and insights available to others via his website at The Gold and Oil Guy Vermeulen’s strategy is clear and simple to learn and use. “My strategy makes your trades extremely accurate with very little downside risk,” he said. He provides traders with unparalleled gold and oil trading analysis, signals and 24/7 trading email support.
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Gold ETF Trading – The Gold ETF Experience
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GLD Gold ETF – Taking advantage of the gold market using the GLD exchange traded fund to generate consistent profits in any market condition.
As I mentioned before, the past 5 months have been very frustrating for most traders as we are stuck in this sideways price action. I also noted that August to December is generally the stronger months for gold. Although gold has been under selling pressure during the last 4 weeks I think there is light at the end of the tunnel. It’s usually the darkest before dawn, but there are some hurtles for gold to over come before we are in the clear which I explain below.
1 – The Gold Mining Stocks Index
An 10 year chart with a cup and handle pattern complete with a breakout. Gold mining stocks have continued to collapse below their support level. This does not mean gold is going to follow but it is a red flag which needs to be noted for future long entry points. Gold mining stocks in general are seen as volatile and high risk types of investments so I understand why investors are unloading their positions to lock in profits. Gold mining stocks are pushed below long term support level.
2 – Gold Stocks Index
An 8yr chart of the price action of gold stocks and you can see that they are currently testing long term support levels. If this monthly bar closes below this trend line then long term investors should be sitting in cash until we have a new opportunity to enter long or short. The HUI generally makes the move before the price of gold so I follow the HUI in all time frames. The HUI is testing long term support.
3 – Performance Chart (Gold Stocks vs Price of Gold)
The past 2 years, from 2006 to present gold stocks have slowly been underperforming the price of gold. This is generally not a good thing to see if we want higher prices for gold. But the good news is that gold stocks appear to be reaching levels at which new rallies have started. Gold stocks under performing the price of gold but near support.
4 – Daily HUI Chart
I follow the HUI like a hawk as it fine tunes my entry and exit point for trading GLD, DGP and DZZ funds. Last month the HUI made a lower high and a lower low which is a red flag. While I don’t predict prices I am thinking these lower prices for gold stocks are just panic sellers over extending a sell off. I would really like to see an August rally kick into place. The HUI makes a lower high and lower low on the daily chart.
5 – GLD Gold ETF Chart
While gold stocks have been selling down, gold has so far been able to hold some ground. As you can see in the chart below the last three months gold has made higher highs, and higher lows. Currently gold is testing Major Support at the 200 EMA. Gold ETF GLD at long term support still holding its ground.
Conclusion:
My analysis of gold above explains that gold stocks and indexes are oversold and are at major support levels. Thus an August rally is not out of the picture and we could have some favorable setups in the near future. I would prefer higher prices, but in the end movement is movement and we can profit in either direction evenly.
GLD gold etf trading for me is the most accurate trading vehicle I have come across. I have been using my proven trading model which avoids the price gaps and keeps risk under 3% for each trade. GLD makes it simple to profit from the markets using a proven trading model for trading long and short term gold setups in all market conditions (bull, bear, and sideways).
My focus for short term trading is simple. Wait for a breakout which satisfies my trading model, enter the trade and then exit 50% of position on the first sign of weakness. Exit second half on a trend line break. My goal for GLD ETF is 2-5% and we are in trades for 2-10 days unless prices continue to run. I generally have 10-20 trades per year with gold.
This article is intended solely for information purposes. The opinions are those of the author only. Please conduct further research and consult your financial advisor before making any investment/trading decision. No responsibility can be accepted for losses that may result as a consequence of trading on the basis of this analysis.
Chris Vermeulen is a veteran trader of gold and oil who makes his methods and insights available to others via his website at The Gold and Oil Guy Vermeulen’s strategy is clear and simple to learn and use. “My strategy makes your trades extremely accurate with very little downside risk,” he said. He provides traders with unparalleled gold and oil trading analysis, signals and 24/7 trading email support.
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Why It Pays To Hang On To Gold
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In a Money Week article Why It Pays To Hang On To Gold, first published in the Financial Times, Merryn Somerset Webb writes:
…”the current state of our markets tells me one simple thing – that I should hang on to my gold.
The price of gold has already fallen 14 per cent since its peak of $1,033 back in March, and it also had a bad week as the dollar rose.
But, in uncertain environments, what we all need most is insurance. And gold is the best financial insurance you can get over the long term.”
The article continues:
“There is a perfectly reasonable fundamental case to be made for holding gold: supply is limited and demand high. However, the real point is that the future is very uncertain …”
The author closes with an ETFS recommendation as a way to get “physical” exposure to the precious metal.
Another way is of course to buy gold coins.
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Gold price back below $900 but some predict a “bumper summer”
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Well, it’s come down with a bump again.
Just a few days ago I commented that the spot gold price was back down to $985 an ounce, yesterday it was around $920 to $925.
 This morning Money Week reported it had dropped further to $909, and when I looked just now the price of gold had slipped below that other milestone of $900 to $898.80.
 Right now it’s trying to make up its mind, probing back up to $899.60, $899.70 just before 11 a.m. New York time.
 Meanwhile, for some tangible advice, Money Week recommends this article:
Five good reasons to buy junior miners
– Gold has lost some of its momentum after reaching record levels, but it could be poised for a bumper summer. It’s still early in the game, but here are five reasons to buy junior and small-cap gold miners. To find out more, click here: Five good reasons to buy junior miners
Meanwhile silver sits at around $17 while platinum was at $2070 today.
Technorati Tags: buy junior miners, gold price, junior and small cap gold miners, Money Week, spot gold price, the price of gold
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