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Gold Coins Are Portable And Liquid And Up 15 Percent This Year
Posted March 17th, 2014

Los Angeles CA, Mar 17 (Tangible Investments) - by James O’Dell - The Gold price advanced on Friday, adding $10.94 or 0.80 percent to end the week at $1,381.95 an ounce, and extend gold's rally to six weekly gains in a row while investors buy gold at the fastest pace since 2007, and the crisis in Crimea continues to drive the market higher. Silver gained $0.23 or 1.08 percent to finish the week at $21.21 an ounce.
 
Gold has gained 15 percent so far this year and is headed for its biggest quarterly advance in 27 years. A large portion of those gains have come on the mounting geopolitical tensions in Eastern Europe and growing fears of a slowdown in the global economy. "The political environment regarding Ukraine is very supportive of (gold) prices and it will continue for a while. I think it is easy for prices to go all the way to $1,500 in the next few weeks," said Dick Poon, of refiner, Heraeus Metals.

European Union (EU) ministers will meet in Brussels today and begin imposing travel bans and asset freezes on people and “entities” involved in the Crimea incursion, after Crimea's referendum on secession from Ukraine passed with more than 90 percent voting in favor of the split. Politicians in Crimea moved quickly on Monday to begin the separation process from Ukraine, while the Ukrainian Parliament in the capital, Kiev, approved the president's call for 20,000 reservists to be added to the armed forces and 20,000 citizens to the newly established National Guard.
 
The Council of the Autonomous Republic of Crimea is now being called the State Council of the Republic of Crimea and the local politicians have already appealed to Russia to include Crimea in the Russian Federation. “There (are) enough geopolitical concerns to worry about and gold is liquid -- portable if needed and convertible to any currency,” says George Gero, of RBC Capital Global Markets.
 
Preserve your wealth and secure your retirement by making a tangible investment in physical Gold and Silver in 2014. Call Toll Free 1.800.741.5014 and allow the friendly staff at Tangible Investments (learn about us here), owned and operated by world-renowned coin expert Silvano DiGenova, to assist you in your next purchase or sale. We hope you will share our site with your friends on Twitter and Facebook, but whatever you do, don't leave the site before claiming your Free Coin.



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