Monday, March 30, 2009

Buy $50 Gold Buffalo as A Safe Investment

We now live in times of unstable economy. With the stock market plummeting and nationwide foreclosures hitting at an all-time high, gold has taken the place of stocks, shares bonds, real estates, and become the favorite investment option among prudent investors. Many seasoned investment experts recommend adding gold Bullion coins, such as $50 gold Buffalo coins (a.k.a 1-oz American Buffalo gold coin) and American gold Eagles, to one's investment portfolio as a safer, long term investment against financial uncertainties.

Gold has been valued and cherished by peoples all over the word dated back to ancient times. European royal families and Asian Tycoons used to own a large amount of gold as a safer way to preserve wealth against deflation. Today gold is still considered a standard for monetary exchange in many countries. In the past five years, gold prices have more than doubled, rising from $400 to $970 today.

Gold coins are one of the most practical, yet effective ways to invest in gold, because they are easy to store and trade. $50 gold Buffalo coin contains exactly 1 ounce of 24-Karat pure gold, making it an ideal coin for investors. Although 1 oz gold Buffalo coin has a legal tender face value of $50, it is actually priced based on the gold content it contains plus a small premium. Since its inception, the $50 gold Buffalo coin has been carefully minted with uncompromising quality by the US Mint. The $50 Buffalo gold coin features classic American design, with a Bison on one side, and an Indian Chief Head on the other.

As America's first 24-Karat pure gold Bullion coin, gold Buffalo coin's gold weight and fineness are guaranteed by the US government. That's why $50 gold Buffalo coins became an immediate success after being released to the public in 2006. All 323,000 gold Buffalo coins produced by the US Mint in 2006 were sold out that year, exceeding the total sales of American gold Eagles in the year 2006. I highly recommend you adding gold Buffalo coins to your investment portfolio as a safe investment.

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