Denominating Your Wealth in U.S. Coins

Gold coins provide an excellent wealth building tool. One that will continue over the long term and withstand the test of time. If you have the means and the vision to see the inherent value in a U.S. gold coin collection, now is a great time to start acquiring. The reason for buying coins are clear: inflation, compounded returns, and privacy. It is in your best interests, however, to engage in some research so that...

Gold and Silver Coins Today

From 1933 up until 1972 gold and silver coins were used as currency in the United States of America. What happened to gold and silver coins after their death as currency (A.C.)? The U.S. Mint continues to produce gold and silver coins for two reasons: the numismatic market (collector’s coins) and bullion coins (for investment). Numisatic coins are coins made of gold and silver that carry collector value in...

Have you been thinking about buying silver and gold?

If not, listen up … Within the last five years, gold has gone from just over $420 to over $1,100 an ounce. That is a huge increase in just 5 years. That means there is trouble brewing. Investors have be silently moving money into gold, silver and other precious metals. At this point I recommend everyone buy both gold or silver. I’m not a financial planner, just cautions when it comes to the US stock market...

South Carolina Lawmaker Seeks to Ban Federal Currency

South Carolina Rep. Mike Pitts has introduced legislation that would mandate that gold and silver coins replace federal currency as legal tender in his state. As the Palmetto Scoop first reported, Pitts, a Republican, introduced legislation this month banning “the unconstitutional substitution of Federal Reserve Notes for silver and gold coin” in South Carolina. In an interview, Pitts told Hotsheet that...

2009 Gold Demand Surpasses U.S. $110 Billion

The demand for gold reached US $110 billion in 2009, up 40% from the previous year, supported by increasing investor demand in light of the current economic climate. Increasing investor demand resulted in the demand for gold bullion bars and coins rising by 87%. This huge increase was partially offset by a drop in demand for gold jewelry as gold prices increased. Jewelry purchases remained low in Western countries...