The world economy is very volatile at the moment.  Not only is there a great deal of political instability, but there is also a critical issue of debt affecting the country.  Greece is suffering and there is talk of a default (meaning the country gets booted from the union).  America, meanwhile, is attempting to recover from a multi-trillion dollar debt, while doing everything it can to resist printing more money (which deflates the value of the dollar).

Whenever there is volatility in the world economic scene, the price of gold seems to increase.  As of July 5, 2011, the price of gold is at $1,514.47 per troy ounce.  It recovered from a slight drop last week, and made gains of almost 3%, and upwards of $30 PTO.  This news of gold gains has prompted many gold watchers and experts to declare now is the time to buy gold coin series and bullion metal.

Indeed, it is very possible that gold will soar in value in the coming months, particularly as more problems in economy abound.  The year 2012 is sure to be interesting, as it is the predicted “end of the world”, not to mention an election year.  While there is no strong evidence to suggest that the world will end in 2012, there is great speculation as to what could happen to the economy.  Natural disasters certainly do cripple paper currency and spike up gold prices.  Bailouts, defaults, trillion dollar deficits and war also brutalize currency.

In times of global panic, investors put much of what they have in gold and other precious metals.  The decision to buy a gold coin series, or gold bars, can in theory save a great deal of value (from inflation, bottom out, and other financial threats).  Paper currency is only as valuable as the country that prints it.  Gold, silver and platinum, however, transcend national reputation.  They are viewed as commodities the world over.  These precious metals do not only have world value but universal value—yes, they are likely to be the only commodity accepted by intergalactic beings!

Many investors are now buying up gold futures, hoping to cash in on the inevitable rise of gold.  What about you?  Are you making plans to buy a gold coin series or gold bars?  This is definitely an example of planning ahead.  Just putting 10% of your assets into gold may be able to sustain you in the event of a financial emergency.  Talk to a coin dealer today for additional advice on the matter.