For those “gold bugs” who have been keeping an eye on the price of gold, you have seen an enormous run-up of the spot price of gold…to nearly $1900.00 per ounce.  This is a world record for the price of gold.  However, as we have written in past blogs, we know only too well that prices not only go up, but they also go down.  Yesterday’s gold price dropped to around $1812.00 per ounce, a correction that many feel inevitable.  Does this give those standing on the sidelines an opportunity to jump into the gold market?

Regardless of the ups and downs of the gold market, it is important to remember that gold has always held a special place in the hearts of nearly everyone!  Since ancient times, gold has symbolized wealth and the protection of wealth.  The Pharoahs of Ancient Egypt believed that gold was a divine metal and that anyone wearing gold possessed magical powers!

Many believe that there is no better time than today to buy gold, maybe not for its’ magical powers but for its credibility as a long term, solid investment!  Gold is viewed as a universal currency and a safe haven for both small and large investors.  Central banks around the world, for example, have switched from being sellers to buyers of gold, having purchased more gold during the first half of this year than in the entire year of 2010!  It is curious, then, how few individuals own gold coins.  Perhaps the reason is that not many individuals know where or how to purchase them.

At Diamond Buyers’ we can facilitate your gold coin purchases!  With a minimum investment of $10,000.00 you can purchase from us a wide variety of gold coins…American Eagles, Mexican Gold Pesos, Krugerands, Vienna Philharmonics, American Buffalos, Pandas and our favorite, the Canadian Maple Leaf.  The transaction is safe, simple and straight-forward.  If you call us on our toll free number (855) 753-GOLD (4653), we will be happy to walk you through the simple process of buying GOLD!

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