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Gold Price falling - but don't panic |
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As all the 'I told you so' investment experts jump up gleefully to shout about the latest drop of $40 in the spot price of gold, here is some commentary which emphasizes, as I do, the long term view of our gold investment. In the long run, the data indicates that gold is a good metal to own, with numismatic coins with bullion content inevitably doing well too. It may be the unpredictability of the price of gold, not only from day to day but from hour to hour, which makes some analysts nervous of gold ownership. If that is the case, then they shouldn't buy it and leave more for us....
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Daily Gold Coins blog
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