RSS FeedRSS

Like it or not, we’re all invested in oil to some extent and given recent price escalations it makes the most sense to purchase gold coins to avoid the higher prices we will be seeing in oil.

February 28, 2012 – Like it or not, we’re all invested in oil to some extent and given recent price escalations it makes the most sense to purchase gold coins to avoid the higher prices we will be seeing in oil. The recent escalation of international tensions around the country of Iran and the buildup of a considerable American presents in the Persian Gulf and the Straits of Hormuz has sent incredible jitters through the oil markets on the commodities exchange, pressing the price far past 2011 highs.

Gas is already $8 a gallon in the UK and, given Iran has shut of oil and gas distributions to several European countries, gas looks like it will only be getting more expensive. In the event of a serious show-down of some type in that particular area of the world, the price of both oil and gold would immediately go parabolic with the possibility of a short term devaluation in gold followed by a gain never-before-seen in contemporary history.

Gold coins are already the most popular, best recognized, and most historically valued store of wealth in Western civilization. As a traditional safe-haven asset with inherent value in any economic climate, gold has served as a port in the storm for thousands of years and will do so again in the future.

Now, with the troubles brewing in the Middle East, the day we see gold coins as the primary store of wealth, the preferred store of wealth, and the most desirable store of wealth could be a lot closer with every passing moment.

Even if hostilities do not break out in the Middle East, speculators in the futures on the commodity exchange have already managed to inflate the price of gasoline to near all- time highs in some places. There has been no disruption in the shipment of oil to the United States, but the effect is already being felt.

This is the beauty of owning gold. The value of a dollar is constantly changing and the amount of what you can buy with that dollar is becoming less and less. However, that dollar can still buy you a good amount of gold and the gold does not lose value in that way. Throughout inflation, geopolitical struggle, and speculation, gold retains an inherent value and protects wealth as a safe haven currency. For all these reasons and many more, the purchase of gold coins may be the best way to invest your money now, especially considering the Middle East.

Kevin Johnson

Senior Staff Writer – GoldCoin.net

Get Your Complementary Award Winning Guides Below

 Publish Real Money Magazine

 Publish Gold Investment Magazine

 Publish IRA 401K Kit Magazine

 Real Money Magazine

captcha