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June 3, 2009 - The demand for gold has increased significantly in the past eight years as investors flocked to the metal with hopes of profiting and preserving their hard-earned wealth as the economy slowly but surely spiralled down into our current financial crisis, and today I would like to focus on certified rare coins and how they could benefit your investment portfolio if you diversify correctly. Investing in certified rare coins is a completely different diversification method than investing in gold bullion, and it is because bullion is commonly seen as a short-term profit-taking investment while certified rare coins are commonly seen as a longer-term wealth preservation investment. One of the biggest reasons why many wise American investors purchase rare coins is because they are deemed “non-confiscatable” by the United States Government according to Executive Order 6102 that was released in 1933 by President Franklin D. Roosevelt. Modern-day bullion bars and coins are vulnerable to confiscation because the United States Government would need gold in order to back up the dollar if it collapsed. This being said, always make sure that you work with a precious metal expert before making a diversification in order to find out exactly what product may be best for your portfolio.

By around 4:30 PM Eastern Standard Time, the gold spot price has tumbled quite significantly for the trading day after the latest rallies, and it currently sits at around $963.90 per ounce, falling $17.20 for the day yet still gaining $82.60 in the last year.

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Arthur McGuire

Senior Staff Writer - Gold-Investment.info