Now let me explain.

I'm not going go about statistics like how much it's value shot through the roof in the past 27 years or so. Nope. I'm just going to speak my mind.

It's such a great feeling when you acquire something of value. And they say value is relative to who it is that's appraising the particular 'something' in question. Let's take trading card collectors for example, how much would you pay for a 2x3 inch piece of card with some picture on it? If you're like me then maybe you will be willing to pay for it some but not that much,

But some people would buy them for the price of their kidneys. It's this kind of passion towards trading cards collecting and their willingness to buy them that pushes what this piece of paper is worth, and of course some other would then raise the stakes higher as a proof of their passion or whatever to trading cards and then another and then again maybe another.. then you get a thousand dollar worth of fine 2x3 paper with some picture on it.

This goes as well for comics collecting, stamps, shoes, caps and some other weird stuff.

The same goes for gold and gold coins i guess. And that's the key here,you give them value, your perception of their value is what gives them their value.. not it's market price. This way you won't lose to depreciation or economic recessions. In the end you still have your gold or gold collection that you love and keep.

So if you're asking "What do i need to know about buying gold?" the answer is you have to know who to sell them to. You want to sell them to a collector, not the pawnshop.

I want to write more but my brain crapped out on me.

Till Next Time!
DigiFish21