Monday, March 30, 2009

Why You Should Buy American Gold Buffalo Coins

With the gold prices rising steadily over the past few years, more and more smart investors are turning to investing in gold against the declining US economy. After all, no other investment has the wealth preserving power as gold does. As a result, gold Bullion such as American gold Buffalo coins are considered as a safe investment.

So here are 4 reasons why you should invest in gold Buffalo coins now.

First, as stated previously, gold is one of the safest and most effective investment to preserve personal wealth during times of financial uncertainties and depressions.
With the recent economy turmoil and foreclosures are at an all-time high, seasoned investors have turned to gold as a safer investment alternative.

Secondly, for average Americans, the easiest way to physically own gold is to buy gold Bullion coins in order to protect their hard-earned money during recession. gold Bullion such as Buffalo coins are easier to store and trade than standard gold Bullion bars, because of their smaller denominations and sizes. In addition , gold coin is classified as a collectible, which means that profits are not taxed as capital gains but as ordinary income. Long-term capital gains are taxed at a 15% rate for those in the 15% bracket, but gold investments can be taxed at rates of up to 39.6%. Those considering putting their money into gold coins should consider what these rates might do to their returns.

Thirdly, American gold Buffalo coins are the first 24-karat pure gold bullion coin offered to the public by the US Mint. Before gold Buffalo coins issued in 2006, investors only had the option to purchase 22-karat gold coinages, because 24-karat gold is technically "softer" than 22-karat ones, and is harder to hold up to the rigors of circulation. US investors end up buying foreign 24-karat gold bullion such as the Canadian gold Maple leaf. So the US Mint released America's first 24-karat gold Bullion coin, 2006 gold Buffalo coin, on June 22, 2006.

Last but not the least, each gold Buffalo coin's gold content and purity are guaranteed by the U.S. government. American gold Buffalo coins must contain one troy ounce of 24 Karat gold (0.9999 fineness), making them not only recognized as America's official investment-grade gold bullion, but widely accepted and traded all over the world. This allows you to sell gold Buffalo coins for cash easily should the need arise. As one of the highest quality, purest gold coins, gold Buffalo coins are the ideal coin to add to your investment portfolio.

To sum up, now is the time to invest in gold. American gold Buffalo coins offer a safe, yet effective way to protect your assets against the falling US dollar. Get in now, before gold prices get too high!

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