I have a few offers for introductory prices to buy US gold and silver coins. Is this a good time to purchase a few of those coins? I'd assume the regular prices at these online coin sellers would be somewhat of a ripoff, but these prices are about 25% lower, so they say.
Of course while nobody knows the future there's still a lot we know now.
Buying and selling coins can typically go (from this site) where you pay $1,353.90 plus taxes and fees for a coin and if you change your mind they'll give you $1,318.90 minus taxes and fees. Then again, if your only goal is taking advantage in an expected increase in gold prices you might be happier with the commodities market where you pay $1304.55/oz and sell for $1303.75. There are other choices but it all depends on what you want --make money, prevent losing money, or having gold coins in your hand.
Here's the point about the global economy.
It sucks...but developing countries (China and India most importantly) are entering the developed world by adopting our technologies and our freedoms of market movement and wealth creation.
The world is on the verge of an explosion in productivity like it has never seen before. Communism/socialism has proven to all who have eyes to see that they/it simply do not work.
And in the final analysis, as China and India and the rest of the undeveloped world rush to adapt, the developed world is flying into the future with new genetically developed medicines (check out Sovaldi by Gilead...it can wipe out hep C worldwide) and new means of discovering life and truth. I hate to say it but I was a cloud computer naysayer, but I have been won over.
We stand on the edge of a brave new world.