A Global Currency Blog

Strong buying is pushing the price of silver to levels not seen since last September. The price of silver topped $35 last week as the metal posted a strong seven percent price rally. Silver so far is on pace for a 30 percent price gain just in the first two months of this year.

Meanwhile, the gold/silver price ratio, or the number of silver ounces needed to buy an ounce of gold, dipped below 50 last week. This was the lowest level in months as the price of silver has outperformed the price of gold.

Experts think the pickup in economic activity and the possible hoarding of silver by large industrial nations may be pushing the price higher.

At Global Gold Group, we specialize in enabling investors to leverage their portfolios with gold and silver coins. Has your portfolio gained nearly 500 percent in the last few years? Well, the price of gold coins and silver coins has. Check out our website at www.aglobalcurrency.com today for free information about how to buy silver coins for investment.

Labels: gold coins, gold investment, gold ira, gold news

The bulls were running last week in the gold market. The price of gold scored its largest gain in four weeks, closing the week at the patriotic $1776.40 level. The precious metal fell a little on Friday, yet still achieved a three percent gain for the week.

Experts felt the continuing several year zero interest rate bias from the Federal Reserve and the expectations of further quantitative easing from China accounted for the strong rally in the price of gold bullion and gold coins. Other experts also believe that the tax related buying of gold coins for retirement, accounts such as IRA transfers and 401k rollovers, before the April 15 deadline also spurred investors looking to buy gold coins in the United States.

With the Greek financial issue still in questions, investors believe that the fears of further European easing through printing of Euros will further push the price of gold higher.

Gold is currently on track for its second consecutive monthly gain this year.

Don’t miss out on the current bull run in the price of gold. At Global Gold Group, we help investors like you invest in gold with high quality gold bullion coins and collectable pre-1933 gold coins. For more information about buying gold for your portfolio, please visit our website at www.aglobalcurrency.com for free information today.

Labels: gold bullion coins, gold coins, gold investment, gold ira, gold news

The outlook for the price of gold remains strong, according to the analysis of Paulson & Company. While the firm had to cut its gold holdings due to customer year-end redemptions, they remain bullish on the price of gold as a hedge against inflation.

According to the firm, Paulson & Company expects the threat of inflation to linger, which would be bullish for the long term price of gold.

Meanwhile, investors such as George Soros; the Teacher’s Retirement System of Texas and PIMCO have all increased their exposure to gold in the fourth quarter of 2011.

Want to be part of the investment that has some of the leading investors in the world turning bullish? Don’t miss out in the next big price run in the price of gold coins and gold bullion coins. Visit our website today at www.aglobalcurrency.com to learn more about the investment that has increased in value more than 500 percent in the last decade.

Labels: gold bullion coins, gold coins, gold investment, gold ira, gold news

The price of gold coins has increased double digits in 2012. While it did not post much of a gain last week, it still is up 10 percent in the first six weeks of the year to $1,725.90 per ounce.

Meanwhile, the price of silver is up nearly 20 percent this year as investors rush to buy silver coins for investment. The price closed at $33.216 per ounce on last Friday’s closing.

The price of gold is expected to be strong for the next few weeks as investors shift retirement funds into gold coins. We can help you diversify your 401k rollover and IRA transfer funds into government backed gold bullion coins. Don’t miss out on the next bullish move in the price of gold or silver. Check out our website at www.aglobalcurrency.com for free information on buying gold coins.

Labels: gold coins, gold investment, gold ira, gold news

Experts believe that 2012 will be the golden year in China. This year, the demand for gold in China is expected to top the demand for gold in India for the first time. With the demand for gold at a 14 year high last year, the amount of Chinese gold demand is expect to be high.

China consumed more than 190 tons of gold in the fourth quarter of last year, compared with India’s more than 173 tons. This was the first time in recent history that the demand for gold in China passed the demand for gold in India.

Total demand for gold in China was last year was 769.8 tons, an increase of 20 percent over 2010. Meanwhile, the demand for gold in India was 933.4 tons – a number China is expected to pass this year.

Central banks were also big buyers of gold bullion and gold coins in 2011. They bought more than 439 tons of gold in 2011, compared with less than 80 tons in 2010. It was a record number going back to 1971 and experts from the World Gold Council expect the demand to continue.

With strong demand for gold from China and central banks all over the world, we can help you position your portfolio to take advantage of this demand. We offer government issued gold coins that have increased in price more than 500 percent in the last decade. For more information, please check out our website at www.aglobalcurrency.com.

Labels: gold coins, gold investment, gold ira, gold news

Don’t miss out on the deadline for making a contribution to your gold IRA account for 2011. The deadline of April 15 is quickly approaching.

High quality gold bullion coins make a great investment for your Roth IRA or Traditional IRA contribution. Coins such as the popular American Eagle gold coins issued by the United States Mint are available for purchase in your gold IRA account. After all, is your IRA account up more than 500 percent in the last few years? If it was a gold backed IRA account, chances are you would be enjoying large gains in your self directed retirement account.

We can help you make your IRA account contribution for 2011 before the deadline. Simply visit our website at www.aglobalcurrency.com today to ensure you don’t miss the deadline.

Labels: 2010 Buffalo proof gold coins, gold ira, gold news

Uncirculated silver American Eagle coins are becoming popular with U.S. Mint customers. Sales jumped by more than 14,000 coins last week, a nearly six percent increase. The week before, sales increased by about 4,500 coins. The total sales last week topped 260,000 coins.

Experts believe the popularity of American Eagle silver coins comes on the heels of the increase in the price of silver. One ounce of silver averaged more than $33.50 per ounce with the fixed price of the American Eagle silver coin from the mint is less than $46 per ounce.

At Global Gold Group we specialize in gold coins and silver coins for investment. Coins also make an acceptable investment for 401k rollover and IRA transfers. For more information about investing in American Eagle silver coins, please check out our website at www.aglobalcurrency.com.

Labels: gold bullion coins, gold coins, gold investment, gold ira, gold news

The Greek crisis reached a new level last week. European leaders withheld funding for a second bailout on Friday, waiting for the Greek government to demonstrate its commitment to austerity measures before committing further money. The decision threatened the 14.4 billion Euro bond redemptions scheduled for mid-March, increasing the overall threat of default of Greek government bonds.

The uncertainty over the Greek government bonds should support the price of gold over the new few weeks. Either there will be an increase in the amount of Euros circulating to support the Greek economy (meaning additional devaluation of the currency) or there will be some type of Greek default on their debt. Either way, the price of gold should be supported next week as investors buy gold to protect their life savings during the Greek financial crisis.

At Global Gold Group, we can help you take advantage of this Greek crisis by investing in gold coins and buying gold bullion. Gold coins can also be held in retirement accounts, such as 401k rollovers and IRA transfers. For more information about investing in gold, please check out our website at www.aglobalcurrency.com.

Labels: gold bullion coins, gold coins, gold investment, Gold IRA's, gold news, Greek Government Bonds

The price of silver hit a fresh 2 ½ month high last week over $34 per ounce. It posted gains of over one percent last week.

The trend was confirmed last week when the United States Mint reported more than 6 million American Eagle silver coins were purchased in January. This was the second highest sales month in the history of the American Eagle silver coin program. It was a little over 300,000 coins short of the highest sales month ever.

Part of the strength in the sales of the American Eagle silver coins was the demand for the brand new 2012 silver coins. But in additional to the traditionally strong seasonal period, there was overall strong demand for silver coin investments.

We can help you leverage the uptrend in the price of silver by investing in high quality government issued silver coins. For more information about investing in silver or buying silver coins, please check out our website at www.aglobalcurrency.com

Labels: gold coins, gold investment, gold ira, gold news

It was a busy January for the workers at the United States Mint. The government organization last week reported the fourth top sales month for gold coins at the United States. More than 125,000 ounces of American Eagle gold coins were purchase by investors in the month. That topped purchases from 1998, but was 6,500 ounces short from gold coin sales in 2011.

In fact, sales of the one ounce American Eagle gold coin was strongest since September. Additionally sales of the half ounce American Eagle gold coin was the strongest since December 2009. Over all, it was a very strong month for the continued investor interest in buying gold coins.

The United States Mint also started offering 2012 dated American Eagle gold coins in early January and the initial sales of the new coins has been strong.

We have American Eagle gold coins available for gold coin investors. If you are interested in more information about investing in gold, including gold backed retirement accounts for your 401k rollover and IRA transfer accounts, please check out our website at www.aglobalcurrency.com.

Labels: 2010 Buffalo proof gold coins, Buying gold. Gold Investment, gold ira

It’s been a five week bull run for the price of gold coins. Even with a strong jobs report on Friday, the price of gold coins hit a two-month high. The five week bull run has the price of gold up more than 12 percent so far this year.

Analysts believe that the Fed’s commitment to holding interest rates low through 2013 indicates that they are not positive in the future growth of the economy. Continued low interest rates, along with expectations for another round of quantitative easing, should support the price of gold through the next few months.

The price of gold posted a nearly two percent price increase last week.

Don’t miss out on the continued bull phase in the price of gold coins and bullion. Investors know the best place to get information about investing in gold and buying gold coins is at the Global Gold Group website. Stop by www.aglobalcurrency.com for free gold investment information.

Labels: gold bullion, gold coins, gold investment, gold ira, gold news

Want to acquire a gold investment that’s both non-confiscatable and non-reportable? Pre-1933 collectable gold coins are the perfect solution to protect your hard earned assets from government control and the effects of currency devaluation.

Governments all over the world are struggling with high debt. Citizens in countries such as Greece have to struggle with austerity measures. Investors in Greek debt are going to have to face a 70 percent haircut in the value of their bond investments.

With all of the danger in the world’s economy, don’t risk having all of your investments and savings in confiscatable assets such as cash, stocks and bonds. Smart investors know that hard assets such as pre-1933 gold coins are the only way to protect their savings against confiscation by the federal government.

At Global Gold Group, we can help you acquire high quality pre-1933 gold coins that are non-reportable and non-confiscatable by federal law. Visit our website today at www.aglobalcurrency.com for all of the free information about protecting your lifelong savings from government confiscation.

Labels: gold coins, gold investment, gold ira, gold news