Dallas, TX (PRWEB) April 24, 2013
The gold market is seeing a massive shift away from paper gold investments into physical gold coin investments. After last week’s gold selloff, the precious metal is currently at a 2-year low that has created a buying opportunity for investors seeking profit and wealth preservation. According to investment tracking site Seeking Alpha , the United States Mint recently experienced a record surge in physical gold coin demand, and so far this month, the U.S. Mint has sold 147,000 ounces, a total exceeding sales in the past 2 months combined. Last Wednesday alone, a whopping 63,500 ounces were sold, exceeding March’s entire gold sales of 62,000 ounces. The current gold surge is being contributed to heavy selling in futures and exchange traded funds, also known as paper gold investments, reports America's gold coin superstore, Gold Coin.
Arthur McGuire, Vice President of Gold Coin says, “The gold market is experiencing a massive shift away from paper gold investments into physical gold coins, and for good reason. Investors buy gold because they want profit and protection with a historically safe-haven asset. Paper gold investments, no matter how you look at them, will not offer the profit and protection that physical gold coins offer. This is precisely why investors are dumping their paper gold in exchange for gold coins they can hold in their hands, with no managers or middlemen in between. We expect this trend to continue.”
Gold Coin (GoldCoin.net) has over two decades of experience advising household investors on smart physical gold and silver investments and gold coin IRA and 401k plans. They buy and sell all types of precious metals and offer free home delivery. For more information or a free “Gold Coin Starter Kit,” visit http://www.goldcoin.net or call 1-800-425-5672 today.