Gold and silver bullion coins and bars are important in this regard as they are not about making a capital gain per se rather they are about wealth preservation.
Given we are in an era of competitive currency devaluations, there is also the real possibility of making significant capital gains.
Of fundamental importance is the fact that gold and silver coins are not ‘investments’ rather they are a safe form of money and an important form of financial insurance that everybody should own.
With the risk of a global depression remaining very real, people need to own the financial insurance that bullion coins represent. Bullion coins are like health insurance in that you should own them but hope you never have to use them.
The biggest benefit of owning gold coins either in your personal possession or allocated in secure vaults internationally is that they will always retain a value unlike paper assets and currencies which have considerable counter party risk today – as was seen in the deposit confiscation in Cyprus.
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