In times of trouble people often buy gold and gold coins as a store of wealth that is easy to transport, easy to hide and is universally acceptable.
I bought a gold coin once back in the 70s. I think it cost me about $200. Last week I found it in an old box of important papers and had it valued by a coin shop.
$4500 later I was a happy camper. You see not only had the gold content increased in price, the intrinsic value of the cioin had increased due to more demand and less supply.
Remember, the best time to buy gold is when no one is talking about gold, or if they are talking, it’s all bad news about the gold price. Buy on bad news, sell on good.
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