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Posts Tagged ‘gold’

Gold Lapel Pins

Wednesday, March 10th, 2010
Gold lapel pins (solid gold) can be found in a variety of places ranging from jewelry stores to auction sites like eBay on the internet. Gold lapel pins are cast from real gold, and are considered an investment, as they can be melted down and reused to make other types of jewelry. With gold prices hovering around $1100 (as of today, March 10, 2010) there is never a bad time to invest in gold, and what a better way than to do so through collecting gold lapel pins? Many gold enthusiasts collect solid gold lapel pins as a way to invest in gold as well as collect as a hobby. There are fine jewelers around the country that stock gold lapel pins and keep them readily available for investors and collectors alike.Check out Gold Price for up-to-date gold values. Gold lapel pins such as this Gold Angel Pin are in high demand, and are also very expensive! Some fetch upwards of $100/ea and more. Below is a snippet from a recent article about Gold values and projected fluctuations in the precious metals market. “The U. S. government has responded to the worst financial crisis since the great depression with a massive, more than $13.5 trillion in pledged or potential outlays. Meanwhile, rising unemployment and slumping corporate profits are crimping the U. S. Treasury’s tax revenue. The credit worthiness of the U. S. government is raising concern and its AAA credit rating is something that cannot be taken for granted. Against this backdrop, it is hardly a surprise that the appetite of foreign governments and investors for dollar-denominated investments has diminished. The dollar’s standing as the world’s de facto reserve currency is impaired. Nations like China are actively looking to diversify their foreign exchange reserves away from the dollar and showing a liking for gold. The combination of liquidity circulating through the U. S. economy and a tanking dollar stokes inflation. And, investors are increasingly sensing inflation as a threat and seeking a safe-haven in gold. Gold Price Outlook Gold is once again approaching the psychologically important $1,000 per ounce mark. Rallies in the price of gold have peaked in the $900-1,000 per ounce range three times since the start of 2008. I believe gold will crack the four-figure mark in 2009 and move on to exceed its 2008 highs. Given the state of the U. S. economy and the monumental challenges ahead, the $1,000 per ounce figure can well become a support or floor for a long time to come.” – Gold Investor


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