A Bull-ion Market
by Dean Albanese Hello all, Spot gold tops $600.00 mark and is poised to trade as high as $700.00 an ounce this year... Gold hit $600.00 an ounce for the first time since 1980 as investment funds scrambled for alternatives to stocks, bonds and foreign exchange. Considered a hedge against uncertainties during troubled times, gold has risen around 16 percent this year and about 40 percent in the past 12 months. Silver has jumped as well to $12.50 an ounce, the highest level since August 1983. Taking this into consideration and then adding the "Rarity Factor" presented by early United States coinage, the savvy investor is surmising that Rare Coins is the place to be. Now is not the time to hesitate on such significant extreme rarities. Goldman Sachs JBW said in a client note it believes bullion gold could trade as high as $700.00 an ounce this year, and we strongly believe this. So if you haven't already done so, "diversify" and pull the trigger on early gold or proof gold United States Coins. The basis of portfolio diversification is owning assets that move independently from each other. The main reason to diversify is straightforward: Being exposed to investments that aren't highly correlated -- investment jargon for how closely they move together -- offers greater assurances of capturing the market's highs and cushioning its lows. In this way, you smooth portfolio volatility -- those unsettling performance swings -- and enjoy a more comfortable, if not more profitable, ride. Please feel free to give us a call if you have any questions that you would like us to answer (phone number on our web site - link below). You will always get personal service from either myself or my father David. You'll see that we are a "cut above" the rest. Our mission is to get you the best coins on the market at the fairest prices. Cheers, Dean M. Albanese, CEO, Albanese Rare Coins, Inc. Dean's father David Albanese is a Nostomania coins advisor. They can be reached at their outstanding web site. Visit our Coin News Archive. |