Brexit Gold Coin surges in the Brexit aftermath

In the historic vote of the Brexit Vote, United Kingdom chose to leave the European Union. The step by the British to isolate themselves saw the stock and financial markets enter a new ride. The event saw Britons turn to safe investment systems and platforms such as gold.

While it is not the first time that Britons are turning to gold. Dealers in gold have seen a rapid surge in demand for the product just like that seen at the end of 2008 and during the Europe debt crisis as experienced between 2012 and 2013. The interest in gold at these times went down quickly. This time, however, dealers predict that the interest in gold after the Brexit could go on for some time. It has shown a little sign of declining since Briton buyers are no longer sure of their stock markets.

Gold itself has played a significant role in the exchange of currencies and goods for a long time. The currency was able to serve several countries until the World War One. During the time of gold standards in the 19th century, many countries had the value of their currencies fixed on a specific amount of gold. Gold has served a critical purpose in history. It today serves as a safe haven for places undergoing an economic turmoil.

The Brexit vote saw the price of gold go upwards by a massive 5 percent. Gold positively took off just one day after the Brexit. After the 5 percent increase, it has soared through higher margins of growth throughout the year. The good times of gold have spread rapidly to other areas in the industry. There has been increased stock prices in other regions of the markets as well. Various stock markets have seen a decline in their value as investors sought refuge from the falling pound and went to gold and other precious metals.

Silver, on the other hand, did better compared to gold. It experienced a massive gain of about ten percent on a single day. Meanwhile European shares prices dropped through six percent whereas the dollar had a small margin growth of only one percent.

Anyone skeptical about investing in gold or precious metals should take a look at Europe’s Brexit. While the Brexit brought an economic uncertainty, it contributed a lot to gold rush overseas. Wise investors quickly moved their funds to this safe haven causing a demand and increased value for this precious metal. Even though the value of gold went up by more than 20 percent after the Brexit vote, should you join the frenzy and purchase a pile into the precious metal. While you could be cautioned with this step, gold is still a significant investment and long-term security.

The Gold Market Is Booming And The U.S. Money Reserve Is Helping Investors Add Rare Gold Coins to Their Portfolios

The gold market is on fire. The price of gold has jumped 26 percent since January 2016. Gold is trading at more than $1,320 an ounce, and the experts believe the price of gold will continue to increase during the next five years. Some investors say gold the price of gold is going to double in 18 months, and Philip Diehl the President of the U.S. Money Reserve thinks those investors are right.

Philip Diehl is an expert in the currency industry. He was the director of the U.S. Mint and a staff advisor for the Senate Finance Committee. Diehl is the man responsible for launching the 50-state quarter program several years ago, and that move made him a rock star in currency circles.

Diehl was interviewed by Eric Dye, the host of Entrepreneurial Podcast Network’s show, Enterprise Radio, according to an article published by PrNewsWire.com.

Diehl had a lot to say about the currency market, and what U.S. Money Reserve was doing to help investors add rare gold, silver and platinum coins to their investment portfolios.

Rare U.S. coin collecting has never been considered a money-making venture in an investor’s lifetime. Rare coins were usually put in a safe place, and they were past down from generation to generation. After 100 years, or so, the coins were worth something. Learn more about US Money Reserve: https://www.ispot.tv/brands/Iyt/us-money-reserve

But Diehl told Eric Dye that scenario has changed because of the price of gold and silver. Investors can buy rare gold and silver coins and add them to their IRA accounts, and realize a good return at retirement age.

Mr. Diehl also talked about U.S Money Reserves’s customer satisfaction policy, and how dedicated his company was to satisfying clients. Diehl said the staff at U.S. Money Reserve puts clients first and helps them understand the complex coin collecting industry.

Without help from Diehl and his staff, most coin collectors buy random coins and expect them to appreciate quickly. But not all coins are investment worthy, according to Philip Diehl.

Some coins may appreciate because of the spike in gold prices, but their rarity factor doesn’t help them. The coins that are investment worthy are rare, and they are are solid gold, silver or platinum.

No one is sure what the price of gold and silver will be next week or next year, but according to Philip Diehl, the price of those precious metals are not going to go down in this century.