subject: An American Gold Eagle Coin is More Inflation Proof than Bullion [print this page] An American Gold Eagle Coin is More Inflation Proof than Bullion
The coming worldwide financial Armageddon which is going to see the United States economy ravaged by double digit inflation, and the value of investments drop through the floor, it could be in your best interests to move a large proportion of your liquid cash assets into gold coins and rare gold coins such as the American eagle gold coin.
Certified coins such as the American eagle gold coin holds their value better that gold bullion because they are not subject to the vagaries of the spot price of gold on the international markets, and because an American eagle gold coin much like other rare gold coins are highly sought after and collectable, there will always be an intrinsic extra value.
Gold coins, and especially rare gold coins such as the American eagle gold coin as well as gold bullion has always been a safe haven for individual and collective wealth throughout the history of mankind; indeed before the experiment with paper currencies was commenced (and subsequently abandoned after 500 years) by the Chinese.
With the coming of the industrial age, sometime after the English Civil War and the burgeoning of industry, paper currencies and methods of transferring money had to be considered, but all of the currencies that were introduced in the 17th and 18th centuries were all tied to a fixed exchange rate and tied to what was and is still known as the gold standard.
It has to be said that over the last century, with a gathering of pace of globalization, the failure of the fixed exchange rates, combined with inflationary pressures and the abandonment of the gold standard by all of the major economies of the world has seen a real increase of the value of gold, and a real devaluation of many of the world's leading currencies, in particular the US dollar.
So much so that now, more than ever in the last 300 or so years since the general introduction of paper currencies throughout the world, investors are buying up more and more gold bullion and coins, especially rare gold coins such as the American eagle gold coin as a hedge against future inflation and devaluation of their more "fluid and traditional" investments.
Nowadays it is much easier for the individual investor to buy small denominations of gold coins; however as with any investment it is always a wise precaution to seek professional advice from a reliable source, especially one that understands the rare cold coins and bullion markets inside out.
Rarity and purity combine with many other factors that determine the overall value of any solid gold asset.
To find out more about moving your cash into a more tangible and inflation proof investment vehicle such as rare gold coins including the American eagle gold coin and other bullion, log on to http://www.goldcoin.net today.
