Wednesday, June 30, 2010

Thank you Lehman Brothers!

Thank you Lehman Brothers!

Every precious metals dealer all over the world would be paying his gratitude to U.S. investment bank Lehman Brothers collapse because since then, the sale of gold coins has touched a historical high.

Though the world empathized with the major financial collapse, it paved way for even middle class citizens to buy gold eagle coins as the paper currency based investment once again betrayed the trust of the common person.

I have been blogging about the value of investing in bullion since 2006. I have cited several precious metals investment newsletters, web releases of U.S. Gold Bureau and other news stories from the Governments of various nations that have been literally begging all of us to shift our focus to investing in gold and silver.

Every now then, the behavior of stock market clearly indicated that the paper currency is unstable. I know many persons have started diversifying their investment into bullion market but still majority of them are staying away from buying gold, silver and platinum.

Probably, they need another rude awakening!

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