An Old Gold 20 Swiss Franc Coin (Obverse Design)

Have you ever flipped a coin as a fair way to choose between one option or the other? Of course you have. Everyone has. The reason this works is because there are only two outcomes: heads or tails. There is an even 50/50 chance that you will win or lose. Likewise, when I started in the gold business my boss, who was a longtime gold trader, said to me, “There are only two reasons people buy gold these days; fear or greed”. I had to think about what he said for a while, but time and my experience in the rare gold coin industry proved him right. What does flipping a coin have to do with why you should own gold, or what the best gold as an investment is? Please read on, I’ll explain it…

With Gold Coins, Heads You Win, Tails You Win
There are only two ways this current economy will play out. Either the U.S. currency will collapse under the weight of our national debt, as all fiat currencies eventually do, or the powers that be will pull a rabbit out of the proverbial hat and bring the problems that the United States financial systems face today under control and actually turn the fate of the dollar around for the time being. If the dollar continues it’s plunge into worthless obscurity (the U.S. Dollar has lost over 90% of it’s purchasing power since it’s gold backing was removed in 1933) then during and after this plunge the value of gold coins, rare gold coins, old gold coins, and gold bullion will continue to increase relative to the value of the dollar. Throughout the history of failing and failed fiat currencies (currencies backed solely by government order) this has always been the case. If the dollar is somehow rescued, which according to many experts is unlikely since the national debt has become too large to ever be paid off, then the purchasing power of the dollar would soar, and in theory, this would be good for everyone that holds dollars. If you own gold coins, or rare gold coins or gold bullion, then you are covered in either scenario. If you hold only dollars, however, you might as well bet that you can flip a coin and come up with one hundred “heads” in a row. Pretty unlikely.

Banks Hate Gold Coins, But Love Digital Money
During my time as a Senior Analyst at ITM Trading during the stock market and banking collapse of 2008, I would routinely ask my clients and prospective clients what bank they banked with. Bank failures were quite common at the time, with as many as a dozen failing each weekend. The banks would be seized by the FDIC on Friday just before closing, and the failure would be announced on the FDIC’s website, and sometimes in the news or newspapers, on Monday. To continue reading about how bank failures, fiat currencies, old gold coins, rare gold coins, and gold bullion are all tied together, follow this link to part two of The Best Gold As An Investment.