Many people who are interested in buying gold coins wonder about the market and the gold in particular. For the last two years there has been a wide ranging decline in the prices of global commodities. There are probably justifications each industry and company would offer as the cause for their particular drop.

However, if the commodities are taken as a whole, one must conclude the downturn has, at its core, a general economic feebleness. One might attempt to lay the slowdown at the feet of the strengthening dollar because it pushes the cost of internationally traded goods down. Unfortunately for this argument, when steel and other domestic commodities are taken into account, they are likewise suffering and can not be blamed on the international exchange rate.

It is true, you can’t exactly evaluate gold like as you would a company. Company growth is measured by various factors. Some of those factors even apply to commodities, such as basic supply and demand, however, management style, vision and capabilities often influence a company’s success.

Gold is different altogether and acts as an inflation hedge, a geopolitical risk hedge, a global currency, an industrial metal, and a long standing status symbol. The plain fact that it fills so many rolls argues against it being viewed as just another commodity.

Gold has lasted longer than any fiat currency known to man. It has been around as a store of wealth for over 6,000 years. Much longer than any civilization, let alone a paper currency for any society.

Here at ITM Trading we watch and study the market and look forward to sharing our experience in the precious metals market in general and buying gold in particular. Please feel free to call us toll free at 1 888 696 4653 (1 888 OWN GOLD).