Best of the Week
Most Popular
1. Stock Markets and the History Chart of the End of the World (With Presidential Cycles) - 28th Aug 20
2.Google, Apple, Amazon, Facebook... AI Tech Stocks Buying Levels and Valuations Q3 2020 - 31st Aug 20
3.The Inflation Mega-trend is Going Hyper! - 11th Sep 20
4.Is this the End of Capitalism? - 13th Sep 20
5.What's Driving Gold, Silver and What's Next? - 3rd Sep 20
6.QE4EVER! - 9th Sep 20
7.Gold Price Trend Forecast Analysis - Part1 - 7th Sep 20
8.The Fed May “Cause” The Next Stock Market Crash - 3rd Sep 20
9.Bitcoin Price Crash - You Will be Suprised What Happens Next - 7th Sep 20
10.NVIDIA Stock Price Soars on RTX 3000 Cornering the GPU Market for next 2 years! - 3rd Sep 20
Last 7 days
Covid and Democrat Blue Wave Beats Gold - 15th Jan 21
On Regime Change, Reputations, the Markets, and Gold and Silver - 15th Jan 21
US Coronavirus Pandemic Final Catastrophe 2021 - 15th Jan 21
The World’s Next Great Onshore Oil Discovery Could Be Here - 15th Jan 21
UK Coronavirus Final Pandemic Catastrophe 2021 - 14th Jan 21
Here's Why Blind Contrarianism Investing Failed in 2020 - 14th Jan 21
US Yield Curve Relentlessly Steepens, Whilst Gold Price Builds a Handle - 14th Jan 21
NEW UK MOT Extensions or has my Car Plate Been Cloned? - 14th Jan 21
How to Save Money While Decorating Your First House - 14th Jan 21
Car Number Plate Cloned Detective Work - PY16 JXV - 14th Jan 21
Big Oil Missed This, Now It Could Be Worth Billions - 14th Jan 21
Are you a Forex trader who needs a bank account? We have the solution! - 14th Jan 21
Finetero Review – Accurate and Efficient Stock Trading Services? - 14th Jan 21
Gold Price Big Picture Trend Forecast 2021 - 13th Jan 21
Are Covid Lockdowns Bullish or Bearish for Stocks? FTSE 100 in Focus - 13th Jan 21
CONgress "Insurrection" Is Just the Latest False Flag Event from the Globalists - 13th Jan 21
Reflation Trade Heating Up - 13th Jan 21
The Most Important Oil Find Of The Next Decade Could Be Here - 13th Jan 21
Work From Home £10,000 Office Tour – Workspace + Desk Setup 2021 Top Tips - 12th Jan 21
Collect a Bitcoin Dividend Without Owning the King of Cryptos - 12th Jan 21
The BAN Hotlist trade setups show incredible success at the start of 2021, learn how you can too! - 12th Jan 21
Stocks, Bitcoin, Gold – How Much Are They Worth? - 12th Jan 21
SPX Short-term Top Imminent - 12th Jan 21
Is This The Most Exciting Oil Play Of 2021? - 12th Jan 21
Why 2021 Will Be the Year Self-Driving Cars Go Mainstream - 11th Jan 21
Gold Began 2021 With a Bang, Only to Plunge - 11th Jan 21
How to Test Your GPU Temperatures - Running Too Hot - GTX 1650 - Overclockers UK - 11th Jan 21
Life Lesson - The Early Bird Catches the Worm - 11th Jan 21
Precious Metals rally early in 2021 - 11th Jan 21
The Most Exciting Oil Stock For 2021 - 11th Jan 21
Financial Market Forecasts 2021: Navigation in Uncharted Waters - 10th Jan 21
An Urgent Message to All Conservatives, Right-Wingers and Patriots - 10th Jan 21
Despite Signs to the Contrary, Gold Price at or Near Top - 10th Jan 21 -
Ultimate Guide On The 6 Basic Types Of Index Funds - 10th Jan 21
Getting Vaccinated at TESCO - Covid-19 Vaccinations at UK Supermarket Pharmacies and Chemists - 10th Jan 21
Cheers for the 2021 Stock Market and These "Great Expectations" - 9th Jan 21
How to Plan Your Child With Better Education - 9th Jan 21
How To Find The Best Casino - 9th Jan 21
Gold Is Still a Bargain Buy - 8th Jan 20
Gold Price Set to Soar as Hyperinflation Looms - 8th Jan 21
Have Big Dreams? Here's How to Pay for Them - 8th Jan 21
Will the Fed Support Gold Prices in 2021? - 8th Jan 21
Stocks trading strategies for beginners - 8th Jan 21
Who is Buying and Selling Stocks in 2021 - 8th Jan 21
Clap for NHS Heroes 2021 as Incompetent Government Loses Control of Virus Again! - 8th Jan 21
Ultimate Gaming and Home Working PC System Build 2021 - 5950X, RTX 3080, Asus MB - Scan Computers UK - 7th Jan 21
Inflation the bug-bear looking forward through 2021 - 7th Jan 21
ESG ETF Investing Flows Drive Clean Energy to Fresh Highs - 7th Jan 21
5 Financial Market Surprises in 2021 - 7th Jan 21
Time to ‘Reset’ Your Investment Portfolio in 2021? - 7th Jan 21
Bitcoin Price Collapses almost 20% at the start 2021 - 7th Jan 21
Fed Taper Nervous Breakdown - 6th Jan 21
What Will the U.S. Dollar Ring in for 2021? - 6th Jan 21
Stock market frenzy- Ride the bandwagon but be sure to take along some gold coins - 6th Jan 21
Overclockers UK Custom Build Gaming System Review Heat Test and Final Conclusion - 6th Jan 21
Precious Metals Resuming Bull Market, Gold, Silver, GDX Trend Forecasts 2021 - 5th Jan 21
Trump’s Iran-COVID-Gate Anniversary  - 5th Jan 21
2021 May Be A Good Year For The Cannabis / Marijuana Sector - 5th Jan 21
Stock Market Approaching an Important Target - 5th Jan 21
Consumer Prices Are Not Reflecting Higher Inflation; Neither Is The CRB - 5th Jan 21
NEW UK Coronavirus PANIC FULL Lockdown Imminent, All Schools to Close! GCSE Exams Cancelled! - 4th Jan 21
The Year the World Fell Down the Rabbit Hole - 4th Jan 21
A Year Like No Other for Precious Metals… and Everything Else - 4th Jan 21
The Stocks Bull Market is Only Half Completed - 4th Jan 21
An In- Depth Look At Gold Price Trend - 4th Jan 21
Building America Back After a Dark Covid Winter - 4th Jan 21
America's Dark Covid Winter Ahead - 4th Jan 21
Buy a Landrover Discovery Sport in 2021? 3 Year Driving Review - 3rd Jan 21
Stock Market Major Peak in Early April 2021 - 3rd Jan 21
Travel and Holidays 2021 - Flight Knight Cabin Bag Review - 3rd Jan 21
�� Happy New Year 2021 Fireworks and Drone Light Show from London and Sheffied - BBC�� - 2nd Jan 2
The Next IMMINENT Global Catastrophe After Coronavirus - 1st Jan 21

Market Oracle FREE Newsletter

FIRST ACCESS to Nadeem Walayat’s Analysis and Trend Forecasts

The Only Cheap Gold Investment Left

Commodities / Gold and Silver 2010 Sep 13, 2010 - 08:43 AM GMT

By: DailyWealth


Best Financial Markets Analysis ArticleTom Dyson writes:Gold closed at a new all time high last week, settling at $1,259 an ounce on Tuesday...

Gold is up 15% this year, 44% since the start of 2009, and 353% in the last eight years. If gold's strength continues for the rest of the year, it will have closed higher every year for 10 consecutive years.

"I'm swamped," said a gold bullion broker I spoke with on Thursday. "Whenever gold hits a new high, the phones light up."

At DailyWealth, we've pounded the table for gold since 2005, when we launched this service. So the gold rally is fantastic news for longtime readers. If you're one of these readers, congratulations. You're on your way to making a fortune in gold.

But what if you haven't bought gold yet... or you want more?

Gold has basically risen in a straight line for the past two years, making it one of the hottest investments in the universe right now. As much as I love gold, I can't bring myself to buy bullion at current market prices.

Today, I'm going to tell you about the only gold investment I know of that's suitable for new buying right now.

First, this investment is trading cheaper now than ever before. Second, it's fairly liquid, so the bid-ask spreads are tight, minimum investments are low, and you can trade it in almost any town in America. Finally, it's 100% physical gold, so you can hold it in your possession.

I'm talking about vintage gold coins.

The government outlawed gold in 1933. Vintage gold coins were minted before 1933. Because the government melted down most of these gold coins after the prohibition, few of the pre-1933 coins survive today. The historical value, the rarity, the beauty, and the gold content make these coins extremely valuable, especially if they're in mint condition.

(The vintage gold coin industry uses a grading scale to determine the condition of a rare coin. Once the graders have rated them, they enclose them in tamper-resistant cases, so everyone instantly knows what they're worth and you don't need to be an expert to judge the value of a vintage coin. I consider any coin with a grading of MS-65 or higher to be "mint condition.")

Pre-1933 gold coins' "intangible" assets mean they always trade at a premium to the spot price of gold. For example, the most common mint condition pre-1933 gold coin is the $20 Saint Gaudens Double Eagle. It contains 0.98 of an ounce of gold. There are around 200,000 in existence in mint state.

Right now, this coin trades for $2,150... a 65% premium to the price of the common modern gold coins. But it's actually incredibly cheap...

You see, even though gold has risen 350% in the last eight years and is shooting through the roof right now, rare gold coin prices have lagged.

Take the mint condition $20 Saint Gaudens I mentioned above as an example. In 1990, when gold traded at $400 an ounce, this coin sold for $4,000... almost double today's price.

In 2003, when gold hit $400 an ounce again, the price of this coin was around $1,000. Gold has more than tripled since 2003, but the Saint Gaudens has only doubled.

In 2007, gold hit $700. It's up about 75% over the last three years. This chart shows an index of vintage gold coin prices over that same period. You can see vintage gold coins still trade at 2007 prices.

In other words, you're getting a better deal now than you would have gotten at the bottom of the gold market in 2002. Vintage gold coins have not risen in line with gold over the last 10 years and – relative to the price of gold – they are now at the lowest prices in over 30 years.

Given how cheap they are compared to gold, how little they've gained in price over the last eight years, and how special they are, vintage gold coins are the safest, lowest-risk, highest-reward gold investment in the world right now.

If you're considering buying gold, you should think about vintage gold coins first.

Good investing,


P.S. For where to buy... In the 13 years we've been writing about gold, we've dealt with a handful of dealers that have handled thousands of our readers and have proven to treat them right.

These dealers include: Camino Coins in the San Francisco area (, Asset Strategies in the D.C. area (, American Gold Exchange in Texas (, and David Hall Rare Coins in Southern California (

We don't receive any compensation for mentioning these guys. And you're welcome to call around or buy locally. I'm just letting you know these dealers have handled thousands of orders – each – from our readers over the years. And we've had few complaints about them (and never anything serious).

The DailyWealth Investment Philosophy: In a nutshell, my investment philosophy is this: Buy things of extraordinary value at a time when nobody else wants them. Then sell when people are willing to pay any price. You see, at DailyWealth, we believe most investors take way too much risk. Our mission is to show you how to avoid risky investments, and how to avoid what the average investor is doing. I believe that you can make a lot of money – and do it safely – by simply doing the opposite of what is most popular.

Customer Service: 1-888-261-2693 – Copyright 2010 Stansberry & Associates Investment Research. All Rights Reserved. Protected by copyright laws of the United States and international treaties. This e-letter may only be used pursuant to the subscription agreement and any reproduction, copying, or redistribution (electronic or otherwise, including on the world wide web), in whole or in part, is strictly prohibited without the express written permission of Stansberry & Associates Investment Research, LLC. 1217 Saint Paul Street, Baltimore MD 21202

Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisors.

Daily Wealth Archive

© 2005-2019 - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.

Post Comment

Only logged in users are allowed to post comments. Register/ Log in

6 Critical Money Making Rules