DailyWealth.com: Not All Gold is Created Equal: Rare Gold Coins Offer a Safe Haven.BALTIMORE, Md. -- In the 1970s, investors relied on gold and precious metals Precious Metals Valuable metals such as gold, iridium, palladium, platinum, and silver. Notes: Investing in precious metals can be done either by purchasing the physical asset, or by purchasing futures contracts for the particular metal. as the ultimate crisis hedge. Gold soars when paper currencies, stocks, and bonds are tanking. The market faces similar conditions today. Gold has increased almost 20% in the last few weeks alone. The team at DailyWealth.com still believes gold is undervalued Undervalued A stock or other security that is trading below its true value. Notes: The difficulty is knowing what the "true" value actually is. Analysts will usually recommend an undervalued stock with a strong buy rating. and recommends rare gold coins Gold coins Coin minted in gold, such as the American Eagle or the Canadian Maple Leaf. as a safe haven 1. Designated area(s) to which noncombatants of the United States Government's responsibility and commercial vehicles and materiel may be evacuated during a domestic or other valid emergency. 2. . "Not all gold is created equal," said Steve Sjuggerud, an editor and writer for DailyWealth.com. "Rare gold coins have value well beyond their melt value, or the value of the raw gold they contain. We can own a piece of history and we can own real money with real gold." The last three rare-coin bull markets have seen returns of 348%, 1,195% and 665%. Added Dan Ferris, also an editor with DailyWealth.com, "Because of what's happened in the past and what I believe is happening now, it is imperative for investors to own some gold and silver -real gold and real silver - something you can bite down on, gold and silver that really clanks. Once you trade in your dollars for coins, it's out of your government's hands." A week after Ferris's advice, gold shot up 11% in one day - its biggest one-day jump in 26 years. The editors of DailyWealth.com, a newsletter with subscribers in more than 100 countries, have made bold predictions before. In 2008, they called the demise of Fannie Mae Fannie Mae: see Federal National Mortgage Association. and Freddie Mac Freddie Mac: see Federal Home Loan Mortgage Corporation. , the subsequent government bailout, and the drop in the dollar. About DailyWealth.com DailyWealth.com is a free daily newsletter focused on the best contrarian investment opportunities in the world. We write with a simple belief in mind: You don't have to take big risks to make big money with your investments. For more information, please visit www.dailywealth.com. |
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