"How do i know if krugerrands increase in worth?" I hear this all the time. You should always keep in mind that krugerrand gold coins are made of pure gold. They largely follow the prices of gold. Here is a link to the latest broker news that says that gold is the best long term investment -RELIABLE BROKER LINK - AND KRUGERRANDS ARE MADE OF GOLD.
However, krugerrands are also collectibles. Look up collectibles on Google and you will see that coin collections also have value OVER AND ABOVE the value of the precious metals they are made from. See sidebar for your current krugerrand values.
Once you have located the current krugerrand values in the sidebar, come back from time to time to see how they are doing. Don't forget to bookmark this site!
"How do I know if krugerrands increase in worth?" Because they are collectible GOLD coins! Gold is the best long term investment, and always has been,because it has its own intrinsic value that cannot be taken away by stock market crashes and government lies.
Saturday, August 27, 2011
Gold and krugerrand gold coins as against stocks and bonds.
I was reading the financial papers today and they were saying that gold is a good investment in the short term. I was also looking at Reuters and they had a Fibonnaci sequence chart that has been reliably predicting the course of the gold price for years. The gold price was peaking every time stocks bombed, and bombing every time stocks peaked.
With krugerrands being made of gold, krugerrand values also follow these patterns, but are also following price levels to do with them being a collector's item. Also krugerrands are SCARCER than gold in itself, so there is a scarcity value involved with their krugerrand value.
With the stock market bouncing up and down manically, and reliable sources saying there could well be another crash worse than the last one coming up in weeks or months, and krugerrand values being maintained on average and even increasing, is it really a difficult decision to take money out of paper bonds and stocks and put it into krugerrand gold coins instead?
With krugerrands being made of gold, krugerrand values also follow these patterns, but are also following price levels to do with them being a collector's item. Also krugerrands are SCARCER than gold in itself, so there is a scarcity value involved with their krugerrand value.
With the stock market bouncing up and down manically, and reliable sources saying there could well be another crash worse than the last one coming up in weeks or months, and krugerrand values being maintained on average and even increasing, is it really a difficult decision to take money out of paper bonds and stocks and put it into krugerrand gold coins instead?
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