Gold Buyer Beware!

Last week, after a two-day euphoria over lower interest rates, stocks retreated, oil broke through $81/barrel, and the dollar sank, reaching parity with the Canadian dollar for the first time in decades.

Don’t be surprised if you start seeing TV commercials urging you to “Buy Gold!,” insisting inflation is back with a vengeance. Put your wallet away for a minute.

That piece of advice doesn’t come from me, although I agree. It comes from folks who would be delighted to sell you gold: the Professional Numismatists Guild (PNG), a non-profit organization representing rare coin dealers, which recently issued a consumer alert.

Related Articles

About the Author

RSS Feed for This PostPost a Comment

DISCLAIMER: All content within CoinLink is presented for informational purposes only, with no guarantee of accuracy.
CoinLink does not buy or sell coins or numismatic material, and has no ownership interest in any web site listed within CoinLink.
All News and Article links are direct, without framing, to the original source, which is solely responsible for the content.
No endorsement or affiliation to or from CoinLink is made.