Money is used by all countries no matter how small and is available in different forms. In the past, coins were used by almost everyone around the world in different ranges. These coins had something embossed on them relating to a particular event in the country. Some of these historical coins are now very precious and rare in the world.
The history of coinage is a history in itself and each coin has its own story to tell. Each coin is as varied and unique as the people of the society that used them. They can be regarded as an art and this is the reason why collecting coins is such a popular hobby around the world.
Many people know that there are a few coins that are valuable because of their inherent intrinsic value, people can be surprised as to how much a particular coin can be worth in an auction and the reason behind people spending millions in acquiring these.
Here is the list of the top 10 expensive coins in the world up till 2015 and their current value in dollars, There are also a few coins that are unique kept in museums and are not available for sale to the general public. These are priceless and thus were not included in the following list.
A lot is happening around the world. Many political entities are changing and countries are pulling out of long standing treaties. Brexit, the United States election, and the Deutsche Bank are just a few examples of situations like this. With all of this where is the financial world going? What do all of these situations spell for the world?
Many people fear that all of the negative things that are happening in the world might lead to a recession. Are they right? There is a lot of evidence that supports this belief. In the past when the United States has had presidents that weren’t well liked times became harder and people tended to spend less money because they were unsure of where the country was going to go.
Because of Britain’s pull from the European Union many people are speculating that the country will have trouble with both their financial leadership and their political leadership. Britain plays a major role around the world as they are one of the bigger global powers. Their pulling out of a major international union shows that they have lost faith in the union.
Deutsche Bank is one of the largest banks in Germany. Multiple times recently, world governments have found them in the midst of scandals. These scandals have cost the bank dearly and the bank may be getting to the point where it will have to shut down. If it does there will be global consequences. The Deutsche Bank has its hand in economies all around the world with multiple branches in various major companies.
With all of this uncertainty, how do you protect yourself from going under with the rest of the world? One of the best ways to secure your financial assets is through the purchase of precious metals, more specifically, gold. Gold is one of the most valuable precious metals and it is one of the easiest to obtain for its value.
Gold has long been a currency recognized around the world. Almost since the beginning of time gold has been recognized for its value. There is currently no way to produce real gold without mining it. That means there is a limited amount of it around the world and an inherent value. Gold makes the perfect currency for tough times because you don’t have to rely on paper as marking its value.
In past United States recessions an interesting trend was also found related to gold. As soon as the recession started, gold started to go up in value. This is because people are looking to invest in something that will actually show its value. Those who had previously invested in gold were left with the perfect investment. Once the recession hit, all they had to do was sell off part of their gold for a higher value if they needed extra money.
What is the best way to invest in gold though? When most people think of investing in gold, they think of physical possession gold. Physical possession is when you buy the gold to store at home or to store in a safe deposit box. One of the problems with this though, is that it isn’t insured when it is stored at home. Almost all homeowner’s insurance or renter’s insurance will not cover stolen gold.
Your best option for investing in gold is a gold IRA, which is a retirement investment account. There are multiple benefits to using a gold IRA to store your gold. One is that it is treated like any other retirement account, that means that you have tax benefits. You will also benefit from the protected storage that is required by a gold IRA. Another benefit is that you can take a wide variety of other retirement accounts and roll them over into a gold IRA rollover. In other words, you can take some or all of another retirement account and transfer it to a gold IRA.
It is important to prepare for the future and with uncertain times. Investing in a gold IRA or physical possession gold is one of the best ways to secure your future.
With Donald Trump on one end of election and Hillary Clinton on the other, many questions are being asked by the world as to what will happen to the United States. Chief among them, are what will happen to the United States financial sector if either side wins. Both sides have their supporters but both sides have opponents. Both sides opponents say that the financial world will collapse if the other side wins.
If the financial world does start to collapse it will start at the stock markets. These markets hold digital money. You will never see stocks in real money until they are successfully cashed out. For this reason, it will be the first item to start to suffer. When times get rough, people do not like the investments that they cannot see.
After the stock market starts to show signs of instability, other areas will start to waiver. You will notice that businesses will start to raise prices because they cannot afford to stay in business otherwise. Smaller businesses or businesses that are already having a hard time will go under. When this starts to happen people will be getting more and more financially conscious.
At the point that people get more financially conscious. Whenever people become more financially conscious they stop spending money on things they don’t need. That means that businesses start to feel the pain and in return the average person starts to feel the pain more and more. Where does that leave us?
It leaves us looking for a form of investment that will safeguard our future against such a time of economic uncertainty. Gold IRAs and gold investments are the perfect investment for this time. While the dollar may only be a piece of paper, gold is a precious metal and there is a limited supply of true gold in the world.
Throughout history, when times have become hard, gold has been at its best. During times where the economy is sure footed, gold has an okay price. As soon as times start to get harder or more mysterious, the price of gold starts to go up and continues to rise. That is when you want to have the gold investments, when it can do the most for you.
Gold is also one of the oldest forms of currency from around the world. Since recorded time precious metals have been used as a currency around the world. While there are some countries that no longer offer it as a coin, or a normal form of payment, almost all countries around the world recognize the value of gold.
If you want to invest in gold, you have two main options. The first option is to invest in gold for your own personal stocks. This kind of gold is typically stored at home but can also be stored in a private vault. It is less secure and many insurance companies won’t cover the loss of precious metals. On the other hand, your gold is always there to be used.
The other type of gold investment is an investment account. Gold IRAs are the best gold investment account that you can set up. They function just like a regular retirement IRA but instead of being funded with stocks, they are funded with gold. This makes them far more secure in turbulent times. You can rollover a part of an existing IRA into a gold IRA or even do a complete gold IRA rollover. The downside to investment gold is that it has to be stored by a certified storage facility. That means you don’t have it for immediate access.
Whether the election triggers an immediate financial crisis or that crisis is put off for several years, there is one thing for sure, those with gold will be protected. Those with gold in an IRA retirement plan will be extra protected because that gold is locked away, secured, and insured. If you want to make the decision to secure your retirement investments, make sure that you check out our website for more gold IRA information and a free gold IRA investment kit. There is no harm in looking.
Based out of Frankfurt, the Deutsche Bank is one of Germany’s major financial institutions. The bank has many ties around Europe but it also has connections to the Americas and even the Asian Pacific. From governments to individuals, Deutsche Bank specializes in bringing banking services to these people.
Besides being dedicated to innovation and customer service, Deutsche Bank has a list of values that it uses to guide its business. Integrity, client sincerity, innovation, discipline, and partnership can all be found on the list of values that Deutsche Bank subscribes to. Why then is Deutsche Bank going under?
Deutsche Bank was tested by The United States Federal Reserve. Deutsche Bank was only one of 33 institutions being tested. The US Fed found that Deutsche Bank failed all parts of the stress test. This was due to poor risk management and poor risk assessment.
The US Fed wasn’t the only one to release bad news for Deutsche Bank, The Wall Street Journal also heralded bad news for the bank. According to The Wall Street Journal the International Monetary Fund’s weakest link when it came to risks was the Deutsche Bank. When you consider that the IMF is made up of banks from around the world, this news is devastating for the bank.
Investors and those who used Deutsche Bank took this news as expected. Investors started to sell and those who used the bank began to pull out. As a result of both the selling and pulling out, the shares lowered to the lowest that they have been in 30 years. Shares dropped to around 12.37 euros per share. This is extremely bad news for anyone that didn’t pull out.
It was also discovered that Deutsche Bank had been hiding losses. Over 10 billion Euros worth of losses had been recorded. Later on, in 2013 the bank stated it needed extra capital. A year later when it gained more capital it began selling shares and showing indicators of having further financial distress, such as those shares being at a 30 percent discount.
It is even worse news for the world. When a major player in the financial world take a fall many of the people who have relied on it also take a fall. Many people around the world have their money tied up in the Deutsche Bank and its collapse would result in those people losing their money.
With the interconnectivity of the modern world Deutsche Bank is connected to many of the other banks in Germany. They have a tie with almost all other institutions around. Their collapse would also make the others more unstable. And if they were able to hide billions of dollars in losses, what could the other banks be hiding?
It would also result in a domino effect of financial instability. The German financial market is one of the largest in Europe. If it falls, so will all of the smaller markets because they view the German market as a place for them to safe keep their money.
A good case example of this happening is Lehman Brothers. In 2008 when Lehman Brothers declared bankruptcy the financial world went into a downturn. This downturn affected the whole world economy, not just the localized economy.
The fact that the Deutsche Bank has been found in multiple scandals doesn’t help either. They were found manipulating LIBOR and the case involved about 29 of their staff members from offices around the world. They have also been fined over 200 million US dollars by the United States Banking Authorities.
Britain’s recent Brexit vote spells even more bad news for the bank. It is the largest European bank in the United Kingdom. Without that connection to the European Union being as strong as DB’s they will suffer from a loss of connection with the European financial market.
If Deutsche Bank doesn’t find a way to keep above market they will find themselves heralding the next financial disaster. With times already hard for many people, another financial disaster might spell severe consequences. The only other hope is that they can find a way to back out of the industry gracefully while leaving another institution in control.