Articles & News About Money & Coin Collecting

Gold Market Roars Within Five Years

Gold as a commodity or as a precious metal has rarely lost its charm, but there was a time when was languishing at levels of around $255 to $290 for many years, and was considered an investment with mediocre returns. It faced stiff resistances at levels of $290-300 and always kept testing this band, and retracing, despite a perpetual shortage of supply from its primary source in Africa.

All this has changed dramatically when it broke this resistance in early 2002, and prices have shot up by an astounding 250% in the last five years to around $625-$650 an ounce! This dramatic move started when gold broke its resistance at $300 dollars and hasn?t looked back since. In fact, the low over the last five years was $300.65. It stayed very quietly between $300 and $400 for a year in-between, and was hovering around its 200 day moving average for a long time, frustrating many traders by moving above and below it.

It showed strength when it broke key resistances as well as its 200-day moving average on higher volumes in July 2004 to move past $400. It gained momentum, and began to show break-out signals sometime in October 2005. Prices hit $500 in December, where a lot of people booked profits, and this allowed the price to steady for a month or so. 2006 saw a near vertical rise for gold on very high volumes, with gold hitting $700 and then making a high of $725.75 in May 2006, just before the liquidity crisis hit world markets.

A long correction followed, which was inevitable after such a steep and swift rise, and gold retraced to 50% of it rise. This fall was steady, and prices moved down to $575 levels till October 2006. It is here that they stabilized and have come to a point where gold now trades at $625-$650 levels.

Investors faced many global issues during this time, as the U.S. was dealing with the Iraq issue, Israel invaded Lebanon, North Koreans fired rockets as well as a nuclear bomb, and with a nuclear confrontation with Iran. With uncertain events like these, gold did quite well and served its role as a safe haven. Despite all this, on a year to year basis, Gold is still higher by 23%.

Gold bullion now appears to be in the very early stages of a long-term secular bull market. Any way you look at it, gold has been on the move for the last five years, and seem to be headed for newer highs in the years to come.

Gold is a must in every serious investor's portfolio. By investing with us, we ensure you'll make profit of 2% monthly, 112% after six months or 124% per annum in gold market. Find out more here http://www.genuinegold.biz Genuine Gold Trading

Other Article Sites

findabook.com  moneycd.info  a-mortgage.info   about-lemon-laws.info  aboutstudentloans.info
all-about-publishing.info  auctions-articles.info  bestcollege-university.com  bestispconnection.com
biblefolder.com  blogger-website.com  books-used.info  brokers-guide.info  buywindows.info  cable-dsl.info
career-miner.com  carpel-tunnel.info  cashinaflash.info  cashloanreviews.info  casinobell.com  chat-house.info
clearmycredit.info  collegeloantips.info  crones.info  depression-articles.info   dirnic.net  dishguides.info
divers-below.com  expodog.info   financewizz.com  fire-insurance.info  getgood.info  handleit.net   it-idea.info
health-supplies.info  hosting-right.com  insidealert.com  insurance-facts.info  jobs-employment.info
justgood.info  lookgold.net   lowcost-travel.info  money-source.info  myhostzone.info  numisblog.com
peoplesearchfinder.info  pr-articles.info  realeas.com   refinancing-guides.info  spyware-remove.info
telelot.info  the-law.info   toppaid.info  travel-deals.info  travelcorrect.com  wedding-guide-site.com
your-blog.info  your-credit.info

Coin Collecting At FindaBook.com
Search For Books On Coin Collecting

Buy Silver Coins With Confidence: A Guide To Selecting Reputable Silver Bullion Dealers
With the price of silver exploding in recent years, there seems to be no lack of silver bullion dealers advertising their services online Trying to find a reputable dealer can be a bit confusing for the novice silver coins investor

Historical Silver Dollar Value Trends Reveal Coins Destined for Bullish Futures
Analysis of U.S. Peace silver dollars (minted 1921-1935) indicate only a few dates of this artistically acclaimed coin series are good bets to enjoy strong price advancements in the future. This conclusion is based on proven performance over a period of many years.

Knowing Your Coin Collection Value
Back in the olden days, people hoarded coins for the sole reason of the value they can get from them Centuries later, people transformed that mindless activity into an elite art called coin collecting

Coin Collecting: Tips On Quarter Collecting
Anyone and everyone could make collecting coins one?s hobby. However it is believed that at present 106 million Americans are into the hobby of collecting quarters. Collecting quarters involves men, women, and children of all ages.

Leading Coin Supply Company "Wizard Coin Supply" Launches Book Advisory
Wizard Coin Supply, a global provider of coin supplies and coin collecting accessories, is proud to announce the launch of its New Book Advisory.

Challenge Coins - A Special Type of Coins
For your convenience we have published this article in order to let you know of everything related to the Challenge Coins. Enjoy ?

Hammered Gold and Hammered Silver Coins: Evaluating Their Price
When it comes to evaluating the price of hammered coins it is much more challenging than it is for other items that are still manufactured today. That is why both buyers and sellers have to be extra vigilant in ensuring that they buy and sell for a fair price. If you are considering selling or buying hammered coins, make sure that you seek professional advice before doing so and that you do not simply jump in at the first offer.

Collecting Rare Old Coins
---------- Getting your coin collection on the go isnt as tricky as you might consider and there are a quantity of avenues you can follow. Almost all of it depends nevertheless on why you desire to become a coin collector. If youre doing it just as a peaceful pastime then you have no problem and can get started pretty much off the bat.

Cleaning Old Coins - What's Important
Thank you for being interested in our work. We hope to be of service with the following guidelines. Like many people you probably have or had some old coins in your possession. If you do have some you probably think that these old coins don?t have any value maybe you just keep the m for sentimental reasons or just because they are old. In most cases you would be wrong. The best way for you to know what these coins are worth would be to take them to a coin dealer. But be advised, you should never attempt to clean those coins before you take them for valuing.

Hammered Coins of England is Increasing in Popularity as a Medium and Marketplace for Collectors of Old Hammered Coins
Hammeredcoinsofengland.com -- the website of the company which buys and sells old hammered coins -- is rapidly increasing in traffic as collectors visit their website to read their articles on hammered coins, buy and sell, as well as evaluate and give opinions on coins.

Coin Collecting Supply Company "Wizard Coin Supply" Launches New Website
New site will provide a comprehensive catalog of coin collecting supplies and educational resources for coin collectors.

Canadian Coin Prices - Evaluate Your Coins
I trust that you will take a few moments to read this article. If this is the case then lets get started.

Gold Coins and Gold Bullion Remain a Safe Place For Your Money
The Bull and The Bear are continuing to bang heads Wall Street and even Main Street USA, and I am sure even your street is in shambles

Old Coin Value - What's Important
Thank you for being interested in our work. We hope to be of service with the following guidelines. Everything you have as probably some sort of value attached to it. Sometimes this value is founded on how you feel about a certain item, while other items are given values assigned by others. The same applies to old coins and other coins in you collection. While professional coin dealers or expert coin collectors will know the old coin value for various coins, we may have no idea about this. This is the main reason why you should acquire as much knowledge as you can about evaluating old coin value and what their price is. The knowledge you will gain is priceless. You will be able to get a ruff idea about what you can expect to get from the...