Investment Gold - What You Need To Know About Modern Bullion

It is sort of hard to resist the lure of the modern bullion

. They make the coins look so shiny in the commercials that you just want to go out and buy them all, right? And of course, you're putting your money into gold, so nothing can go wrong. If anything, you're making a smart investment. That's what they want you to believe. What those luring commercials don't tell you though is about a little thing called gold confiscation. Anything that is not a pre-1993 gold coin is considered to be confiscable, meaning that it can be taken or devalued by the government at any time. You don't even really own those bullions! In spite of the frustration you may now have, take a look below to find out how you might make your gold investments a little better.

As stated before, anything made prior to 1933 is considered to be private gold. There were several legislations passed that led to this, but what's important here is that you know that your money is safe in private gold. You are the sole owner of the rare coins that you possess. The coins that you buy cannot be taken from you in any way, shape or form.

Another thing to note is that pre-1933 gold coins are also considered to be numismatic coins or coins that are valued based on gold content. Gold, like all precious metals, does fluctuate in value, but nowhere near as much as currency does. We've seen how badly the economy has impacted the value of the U.S. Dollar, and any modern bullion you might purchase will suffer the same fate. If money goes down in value, so does the gold coin. It's as simple as that.

When you buy gold, don't be fooled by the fancy ads of today's society. Rare coins are the only smart things to invest in if you actually want to see a return in the future. You can find some rare coins for the same prices as their modern equivalents, but a century from now they will be worth a whole lot more. The bullions might not be worth anything at all, or they might even be taken from you. Who knows? There are so many of those things produced nowadays too that they might as well be pennies. Anyone can pick up the phone and order one. Take a step in the right direction and make the move away from the crowd. Your money will thank you for it later.

by: Troy Truman

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