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Official Beijing Olympic Coin Distributors in SA
INVESTMENT
Coins - The Ultimate Rand Hedge
For 6000 years man has been collecting and hoarding gold - and in the process loving and marrying for gold in its most primitive form and indeed killing for gold, and man will probably continue to do so for the next 6000 years.
While diamonds are forever as a result of a marketing campaign that began 50 years ago - Gold's intrinsic value, however, is indestructibly eternal, transcendent and transcontinental and appreciated without ever having to engage an advertising agency.
If ever there was a store of value that has stood the test of time from devaluation, depreciation, wars and corporate destruction as in the Enron case it has to be gold - whether its in the form of gold bars, gold nuggets, jewellery or gold coins says Alan Demby, Chairman of the South African Gold Coin Exchange.
Besides the fact that gold coins are indestructible - don't rust, melt or devalue and are easily transportable - they can be handed over to your children and grandchildren without any paperwork and can be used to settle debts, dowries and even bribes!
They can be traded internationally at the drop of a hat and the market is so vast today that with the market trading 51/2 days a week, 24 hours a day you can determine a price instantaneously and trade accordingly. You don't have to be guided by investment analysts and asset managers and you don't need auditor's reports or company directors talking up their merits. Gold coins have retained their value long after everything falls apart.
Because gold and coins are quoted in dollars and foreign currency they effectively become the ultimately currency/Rand hedge especially if your currency has been depreciating over time.
Gold has been man's trusted store of value for thousands of years - a hard asset with an intrinsic value that is recognized worldwide.
