Collectible gold outperforms bullion in
2008
Better than bullion!
Historic Mint-State U.S. $20 Liberty gold coins: half the
volatility, twice the growth last year!
Daily gold bullion prices reflect the daily global economic
environment - which has been very spastic lately. A secular bear market in
both equities and the dollar have helped to propel the gold bull market
since 2001, driving prices from $265 to $1,000/oz.
Gold bullion prices are now down nearly 20%, from their 2008 peak of
$1,002/oz., as the dollar has rallied and oil prices have dropped sharply.
Yet most analysts remain bullish on gold long-term.
The charts illustrate that collectible U.S. gold coins are
beneficiaries of rising gold bullion prices, yet they remain more insulated
from volatile corrections.
For example, from Aug 2007 to Aug 2008 gold bullion prices have risen
20% from $650 to $810/oz. (8-12-08), but prices are down nearly 20% from
the March 2008 high of $1,002/oz.
In contrast Mint-State 63 U.S. $20 Liberty gold coins have
risen 50%* over the last year, but are only down 10% from the 2008 high.
Rare U.S. gold coins offer more growth with less volatility.
All gold coins NOT created equal!
All forms of gold are NOT created equal, nor do they perform equally.
Mint-State Liberty gold coins are the perfect form of gold to own for
long-term capital appreciation, affordability (with prices starting under
$1,300) and 100% privacy, unlike bullion or ETFs.
Mint-State (Investment-grade) U.S. gold coins have tremendous
collector appeal which often creates more demand than the available supply
will accommodate. This law of supply and demand can cause coin prices to
rise -- even when gold bullion prices drop.
The bottom line: A new gold rush is alive and well today, despite
major price corrections. In any healthy bull market prices will stepladder
up, sideways, down ... up, sideways, down. Gold bullion coins and
Mint-State $20 Libertys both offer great value today!