FAIRFIELD, Conn. - March 22, 2024 - PRLog -- Interest rates have skyrocketed and with inflation still at record levels, it does not appear that rates will start dropping in the foreseeable future. The old saying from grandpa that "the dollar doesn't go as far as it used to" is finally starting to make sense.
Gold coins have been considered money for thousands of years, while the fiat dollar currency is largely an invention of modern times. Even though the price of gold continues to hit record highs, many industry analysts predict it has a long way to go.
Keeping cash in a bank savings account is a losing proposition. The average yield for a savings account is 0.58% percent APY.
For every $100 in your account, you'll earn 58 cents per year, minus monthly fees. The $100 in groceries today, will probably cost at least $120 next year.
Many countries around the world have been loading their central bank vaults with gold bars at a pace not seen since the 1970s.
Gold Coins are a Trusted Store of Value
A store of value is essential for preserving wealth over time, gold coins are universal recognized due to their intrinsic worth, historical significance, durability.
Tangible assets, like investment-grade 1 oz gold coins, retain their purchasing power relative to the gold spot price and protect against inflation and economic downturns.
Where to buy Gold Coins
Investors can buy gold coins from a variety of sources, such as local coin stores and trusted and reputable online bullion dealers, each with its own advantages.
There are many reputable online bullion dealers where investors can purchase a variety of gold coins, often at competitive pricing with secure shipping to your door.
Online dealers often have a wider selection of products compared to local coin stores, including various types of gold coins, bars, and rounds.
Shopping from online bullion dealers offers convenience and access to a wide market and allows you to buy gold safely and securely from anywhere, anytime, without the need to visit a store.
Whether you prefer the convenience and security of online shopping or the excitement of an auction, investors have multiple options to explore online when adding gold coins to their investment portfolio.
The website, FindBullionPrices.com aggregates prices for investment-grade gold coins, collectible gold coins, commemorative gold coins, gold bars and hundreds of other precious metals products from dozens of trusted and reputable online bullion dealers.
The online marketplace is competitive, with various dealers offering better prices and lower premiums on some products, while also providing educational resources, market analysis, and detailed product information to help buyers make informed decisions.
Contact
FindBullionPrices.com
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Source: FindBullionPrices.com
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Gold Coins are a Safe Haven for Investors
March 22, 2024 at 02:08 AM EDT
