Is Gold Money?

The first American coins were struck in 1792 and one dollar was defined by statute as a specific weight of gold. But the times when currencies were worth gold terminated in August 1971, when President Nixon ended the international gold standard and for the first time no currency in the world had a gold backing.

Diversify Your Portfolio by Investing in Metals

The unique economic climate that we currently find ourselves in means the US and other major countries have been increasing the available money supply at escalating rates. Unfortunately by increasing the money supply risks rising inflation which puts conventional investments such as bonds, bank certificates of deposit and other fixed investments directly under jeopardy.

Collecting the Wheat Penny

Coin collectors will often stress that anyone who has the hobby of collecting coins should have the “Wheat Penny” in his collection. Wheatback, Wheatie, Strawpeny and Wheat Head are some of the names given to these coins. The US Mint had produced this one-cent coin from 1909 till 1958.

The Future of the Precious Metal

Gold is a precious metal that is very rare and some say that most of it has already been minted. So the one might ask “What is the future of gold?”.

Gold Bullion Investment

Investing in gold bullion may be difficult for a rookie investor. Three things a rookie investor may ask are; what’s gold bullion? Where to buy bullion? And last but not least. Where to sell bullion? These are some good questions that an investor ought to know before investing any money. Gold bullion refers to any gold bar, coin or ingot that’s a little above the spot price of gold. The main thing that separates bullion and numismatic gold is, bullion is closer to and more influenced by gold’s spot price.