Buy Gold Coins, Buy Gold Bullion at Celticgold - Eu
Buy Gold Coins, Buy Gold Bullion at Celticgold - Eu
Buy Gold Coins, Buy Gold Bullion at Celticgold - Eu
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Hello and welcome to the CELTICGOLD newsletter. Wow, another very interesting week. We could see high volatility in almost every market. The physical demand for gold went through the roof and weve got 8 days delivery delay for 1oz silver coins. Very interesting the Swiss Franc which went to an all time high of 1,03 CHF/EUR and then weakened to 1,10 CHF/EUR after the European Financials announced to prop up the Fund for countries that get into trouble. This is all very interesting development We hope you enjoy reading this weeks newsletter and find the information helpful and educational thank you for your time. All the best, Stefan Krmer Director CELTICGOLD -
This week youll find: Markets: Gold and silver Knowledge: Different gold and silver coins and their purity Story/Tale: Gold coin in your pocket
As you can see from the chart below the rise in Gold this month has been very steep hitting a new all time high of 1,814 US$/oz intraday. However toward the end of the week Gold came off a bit to close at $1,742 on Friday. High volatility will most likely stay with us over the coming month as the debt situation in the Europe and the US worsen.
Page 1 of 8 ________________________________________________________________________________________________________________ Contact: [email protected] Phone: +44 20 8144 4339 CG IOM Ltd. Ramsey, Isle of Man This information is for private use only. The opinions and views expressed are those of CELTICGOLD. CELTICGOLD is a precious metals dealer and is not a certified financial advisor. Before making an investment decision please consult a qualified financial professional.
Due to the rapid rise in the price of Gold recently we may experience a correction soon. Keep in mind that the price of Gold just two months ago on June 12 was $1,550 USD an ounce. So even a fall of $150 an ounce would not mean very much when viewed long term. We are seeing real systemic risks in the Western financial systems right now. Gold will help to protect your wealth from these risks but it will most likely be a wild ride from here on out.
Our message:
Hold your core gold and silver positions. Accumulate gold on dips, as we explained above were expecting a short correction to occur
Because the Western financial debts situation could deteriorate rapidly in the coming months, if you dont own any gold you might want to consider buying now in the event Gold becomes unavailable if the crises accelerates. The European precious metals markets are usually sold out within 48 hours. We experienced this for the first time October 2008, then in March 2010 and now within the last week where most of the 1oz coins and bars were sold out. Please be also aware that premiums tend to rise dramatically in times of high demand.
Page 2 of 8 ________________________________________________________________________________________________________________ Contact: [email protected] Phone: +44 20 8144 4339 CG IOM Ltd. Ramsey, Isle of Man This information is for private use only. The opinions and views expressed are those of CELTICGOLD. CELTICGOLD is a precious metals dealer and is not a certified financial advisor. Before making an investment decision please consult a qualified financial professional.
How do I buy gold in a volatile market? Price spikes throughout the day are normal in this market environment. As a result when you are ready to buy gold consider spreading your purchases across several days. For example, if youre buying 100 1oz coins/bars buy 25oz per day each day for four days. This strategy protects you against wild price swings in volatile markets. Placing an order on Monday and then seeing the gold price drop 50 USD/oz the next day gives you an opportunity to buy your next 25 ounces at a cheaper price. - Please contact us for optimizing your strategy on achieving the best price. Quote of the week:Marc Faber (Experienced for 40 years and author of Boom, Gloom and Doom) said this week on Bloomberg: Not to own gold is to trust the government. Update on the Silver Market
Silver is struggling to take back $40 an ounce which tells us that we may continue to see weakness in the coming weeks. As Gold was gaining new highs earlier this week Silver prices moved down. The price of Silver will fluctuate more than Gold for two reasons: First is that Silver is a smaller market more thinly traded than the Gold market. And secondly Silver is both a monetary and an industrial metal. As a result when we see weakness in the economy and equity markets Silver can experience price declines due to its demand as an industrial metal lessen. History says that Silver will follow Gold but Silver will most likely have bigger price movements along the way. Stay the course.
Page 3 of 8 ________________________________________________________________________________________________________________ Contact: [email protected] Phone: +44 20 8144 4339 CG IOM Ltd. Ramsey, Isle of Man This information is for private use only. The opinions and views expressed are those of CELTICGOLD. CELTICGOLD is a precious metals dealer and is not a certified financial advisor. Before making an investment decision please consult a qualified financial professional.
Knowledge: Different gold and silver coins and their purity On the following pages youll find the data on the most common gold coins. This information comes from the Goldbook that I wrote in 2008 and we publish on our own. Before we look at the different data, lets look at the two different categories of coins. Investment coins are coins that are minted in high numbers. Therefore their price is close to the current market price of gold or silver. The coins below are all in the category investment coins. Collectors coins also called numismatic coins are from the Middle Age, Roman Empire, etc. The coins are very old, rare and especially traded by collectors. These coins usually have a high premium (More about the mechanism of premiums as discussed in the Euros4Gold article in the News from 6th August 2011) like a rare stamp. The Vienna Philharmoniker gold coin: Weight in OZ 1 1/2 1/4 1/10 Value in Euro 100 50 25 10 Purity 999.9 999.9 999.9 999.9 Weight in g 31.103 15.552 7.776 3.121 Diameter in mm 37.0 28.0 22.0 16.0 Size in mm 2.0 1.6 1.2 1.2
The Goldbook: This unique composition of more than 90 pages takes you on a journey through time, from the beginning of money till today and introduces you into the secrets of modern money systems. Knowledge communicated in an easy and understandable way. You can buy the electronic version (33 Euro) via paypal here: https://paypal.com/cgibin/webscr?cmd=_sxclick&hosted_button_id= 8078501
The Vienna Philharmoniker silver coin: Weight in OZ 1 Value in Euro 1.50 Purity 999 Weight in g 31.103 Diameter in mm 37.0 Size in mm 3.2
The Australian Nugget/Kangaroo gold coin: Weight in OZ 1 1/2 1/4 1/10 1/20 Value in AUD 100 50 25 15 5 Purity 999.9 999.9 999.9 999.9 999.9 Weight in g 31.10 15.55 7.78 3.11 1.56 Diameter in mm 32.10 25.10 20.10 16.10 14.10 Size in mm 2.65 2.20 1.80 1.40 1.30
Page 4 of 8 ________________________________________________________________________________________________________________ Contact: [email protected] Phone: +44 20 8144 4339 CG IOM Ltd. Ramsey, Isle of Man This information is for private use only. The opinions and views expressed are those of CELTICGOLD. CELTICGOLD is a precious metals dealer and is not a certified financial advisor. Before making an investment decision please consult a qualified financial professional.
The Canadian Maple Leaf gold coin: Weight in OZ 1 1/2 1/4 1/10 1/20 Value in CAD 50 20 10 5 1 Purity 999.9 999.9 999.9 999.9 999.9 Weight in g 31.103 15.552 7.776 3.110 1.555 Diameter in mm 30.0 25.0 20.0 16.0 14.0 Size in mm 2.87 2.23 1.78 1.13 0.92
The Canadian Maple Leaf silver coin: Weight in OZ 1 Value in CAD 5 Purity 999 Weight in g 31.103 Diameter in mm 38.0 Size in mm 3.15
The South African Krugerrand gold coin: Weight in OZ 1 1/2 1/4 1/10 Valuet Purity 916 916 916 916 Weight in g 33.9305 16.9653 8.4826 3.3931 Diameter in mm 32.6 27.0 22.02 16.46 Size in mm 2.75 2.24 1.52 1.19
The American Eagle gold coin: Weight in OZ 1 1/2 1/4 1/10 Value in USD 50 25 10 5 Purity 916 916 916 916 Weight in g 33.930 16.965 8.483 3.393 Diameter in mm 32.7 27.0 22.0 16.5 Size in mm 2.75 2.24 1.83 1.19
The American Eagle silver coin: Weight in OZ 1 Value in USD 1 Purity 999 Weight in g 31.103 Diameter in mm 40.6 Size in mm 2.98mm
Page 5 of 8 ________________________________________________________________________________________________________________ Contact: [email protected] Phone: +44 20 8144 4339 CG IOM Ltd. Ramsey, Isle of Man This information is for private use only. The opinions and views expressed are those of CELTICGOLD. CELTICGOLD is a precious metals dealer and is not a certified financial advisor. Before making an investment decision please consult a qualified financial professional.
The Brittania gold coin: Weight in OZ 1 1/2 1/4 1/10 Value in GBP 100 50 25 10 Purity 916 916 916 916 Weight in g 33.84 16.92 8.46 3.38 Diameter in mm 32.69 27.00 22.00 16.50 Size in mm 2.79 2.08 1.63 1.17
The British Sovereign gold coins: Type of Sovereign Edward VII 1 GBP Elisabeth 1 GBP Georg V 1 GBP Victoria 1 GBP Sovereign Purity 916 916 916 916 916 Weight in g 7.9881 7.9881 7.9881 7.9881 3.66 Diameter in mm 22.05 22.05 22.05 22.05 19.3 Size in mm 1.52 1.52 1.52 1.52 1.08
Below is useful data on translating karat into metric purity: Karat 24 kt 22 kt 20 kt 18 kt 14 kt 10 kt 9 kt 8 kt Metric Purity 999 916 2/3 833 1/3 750 583 1/3 416 2/3 375 333 1/3
All of the above 1oz gold coins contain 1oz of pure gold. However have different weights. For example the American Eagle and Krugerrand contain 1oz of pure gold but have a metric purity of 916/1000 (22kt). The coin weighs 33.93 instead of 31.01gram because of the added copper content to make it more durable. When buying gold we recommend buying one of the coins shown above because coins are much easier to trade or sell worldwide. Its highly unlikely that one of the above coins would ever be a fake. If you wish to read more How to identify real or fake gold please consider buying the Goldbook.
Page 6 of 8 ________________________________________________________________________________________________________________ Contact: [email protected] Phone: +44 20 8144 4339 CG IOM Ltd. Ramsey, Isle of Man This information is for private use only. The opinions and views expressed are those of CELTICGOLD. CELTICGOLD is a precious metals dealer and is not a certified financial advisor. Before making an investment decision please consult a qualified financial professional.
One night, talking with a group of interested buyers in the pub after a couple of pints, I said, look Bro, it all comes down to feeling. If youre feeling abundant, youll experience abundance.
Page 7 of 8 ________________________________________________________________________________________________________________ Contact: [email protected] Phone: +44 20 8144 4339 CG IOM Ltd. Ramsey, Isle of Man This information is for private use only. The opinions and views expressed are those of CELTICGOLD. CELTICGOLD is a precious metals dealer and is not a certified financial advisor. Before making an investment decision please consult a qualified financial professional.
He looked at me slightly irritated and I said, ok do this: Buy a gold coin and stick it in your pocket and whenever you feel a bit insecure, just feel the gold coin or look at it. Youre walking around with 1 grand of real money in your pocket. Thats good news. More than two years after the series of talks happened, I went to visit a friend in Ireland and we sat and chatted and he said, Stefan I would like to show you something. And he put his hand in his pocket and took out a 1oz Vienna Philharmoniker gold coin. He said, since that day he heard of this story he walks around with his gold coin in his pocket every day. My friend said it calms him and makes him feel secure. Thats the story about the Gold coin in your pocket Try it and write to me, Im very curious to read your story.
Preview for next week: Knowledge: Series: Other Options of purchasing Precious Metals: Perth Mint Certificates Story/Tale: The Magic of Gold historically and today
Page 8 of 8 ________________________________________________________________________________________________________________ Contact: [email protected] Phone: +44 20 8144 4339 CG IOM Ltd. Ramsey, Isle of Man This information is for private use only. The opinions and views expressed are those of CELTICGOLD. CELTICGOLD is a precious metals dealer and is not a certified financial advisor. Before making an investment decision please consult a qualified financial professional.