Many say that purchasing gold is not a viable investment choice for their investment portfolios; however and of note, the last two generations have not been faced with this type of crisis, and may even find it difficult to make timely and knowledgeable financial choices themselves without professional help!
Since 2001, authorities agree that the dollar has lost up to 50% of its value, and we continue to watch its value erode. Authorities also agree that we are in ‘uncharted waters’, trying to somehow navigate the ‘ship of state’ back to solvency.
Issues with gold go back to 1933, when FDR ordered that ALL physical gold be confiscated and melted into ingots and bullion, and made it illegal to own/possess this beautiful metal! Another fateful day began in 1971, when current President Nixon at an economic conference at Bretton Woods, announced the elimination of the GOLD STANDARD; this decision prompted by France attempting to exchange American dollars for the gold being held at Ft. Knox, KY!
This current economic crisis in which we now find ourselves, was ‘self-imposed’
Many economists and financial advisors are advising adding gold, as well as the diversification of other precious metals to their financial portfolios, realizing that once the Federal Reserve Chairman Ben Bernanki makes a decision to increase short-term interest rates, increasing high-percentage Inflationary rates will surely follow!
As such,The Gold Coin Warehouse is solidly recommending the addition of precious metals to personal portfolios (rare coins, gold, silver, platinum, palladium and rhodium); suggested percentages falling into the range of 15-30%, plus equities, bonds and other instruments of choice! Our RCW family-owned company has an extensive array of precious metals from which to choose, several methods with which to purchase, and investing advice and encouragement 24/7! As a small business, in comparison to large precious metal corporations, we see ourselves as ‘David amongst Corporate Goliaths’: major differences in our favor include: expert knowledge of the current market on an ongoing basis, excellent communication with both cell phones and e-mails, precious metal continual monitoring of spot prices, wholesale-like pricing, free shipping, free goods, 100% guarantees with a 15-day return policy, an excellent Referral Policy, and others. And finally, our Mission Statement provides the following: “the best in customer service, low profit margins and excellent pricing structures.”