Investing in gold coins is also an important way to protect your IRA transfer or 401k rollover against the current economic crisis.
Beverly Hills, CA (PRWEB) August 09, 2011
The price of gold gained more than $90 today as investors buying gold coins for personal and gold IRA accounts pushed the price of gold to a record price of $1742.90 per ounce. With the recent United States government debt crisis triggering a stock market crash of more than 600 points and a ratings agency downgrade, Global Gold Group reissued an important alert for investors to buy gold coins to protect themselves against the threat of devaluation.
“This is a critical time for investors to protect themselves against inflation, the stock market crash and the threat of devaluation by buying gold coins,” said Jimmie West, strategist with Global Gold Group. “Investing in gold coins is also an important way to protect your IRA transfer or 401k rollover against the current economic crisis.”
The stock market is down nearly 15 percent in two weeks since the government spooked investment rating agencies over the impasse on the debt ceiling limit. Meanwhile, Global Gold Group has had a buy rating on gold coin investments for personal and gold IRA accounts since the price of gold coins were below $1000 per ounce.
“The price of gold coins are up more than 70 percent since we first issued our buy rating for investors,” West said. “The time is not too late to invest in gold or buy gold coins for your protection – especially for your 401k rollover and IRA transfer retirement accounts in gold.”
Global Gold Group has a number of high quality government issued gold coins available for sale such as the Canadian Maple Leaf, American Eagle gold coins and even the South African Krugerrand. The gold coins come in many different weights, perfect for investors in gold coins.
“We also have pre-1933 collectable gold coins for sale that are perfect gold investments because they are exempt from a possible future government confiscation of gold,” West said. “The most important thing to remember is now is the time to start buying gold coins and bullion before the economic crisis gets any worse.”
For more information about Global Gold Group, or to contact them today to start protecting your hard earned savings against the economic crisis and stock market crash, please call 888-700-4148 or check out their website at http://www.aglobalcurrency.com.