2020 is going to be a very busy year for Mrs Welshstacker and myself. In a little over 2 weeks will be expecting the birth of baby number 2.
To mark the occasion the onky way I know how, I'm going to buy our expectant daughter a sovereign of the year of her birth, after all 1/2pint already has one.
GOLD has always been a very smart, long term investment. I can't stress highly enough how important it is to have PRECIOUS METALS as part of any future planning/investment strategy.
It doesn't take a genius to see that the price of gold has continued to increase in value against fiat over the past 20+yrs, and as currencies continue to devalue, all over the globe, the purchasing power of this shiny yellow metal will only continue to increase.
Think I'm being foolish, or misinformed?? Do your own due diligence and simply look at what central banks and world governments are storing away for when the SHTF!
DO YOU EVEN REMEMBER TO CRASH OF 2008?
Is it any coincidence that since that I'll fated day back in 2008, the world's central banks have been buying up gold like its going out of fashion.....? And the pace at which they are now buying it all up is only increasing.
SUPPLY AND DEMAND!!! ANYONE???
OK, so I may or may not have convinced you to buy gold as a hedge against inflation or as a way of saving your purchasing power for the next time the SHTF, but at9let me show you how I plan on picking up some gold under its own melt value (spot).
![The-Sovereign-2020-Gold-Proof-Coin[1].jpg](https://images.ecency.com/p/4HFqJv9qRjVeVQzX3gvDHytNF793bg88B7fESPieLQ8dxJ1pd2T7DXTD3EZ3S1tXUjZWdUuJofGpWsM5Ha75UDpQzEE3VmT7Py5iwpGVCoX1eTdXvr3HTtudSFdyhgNUv3vQjX3i2RNmqbghFvw815BBQ5QFPR3Yxn2?format=match&mode=fit)
** The sovereign is a gold coin of the United Kingdom, with a nominal value of one pound sterling. Struck from 1817 until the present time, it was originally a circulating coin accepted in Britain and elsewhere in the world; it is now a bullion coin and is sometimes mounted in jewellery. In most recent years, it has borne the well-known design of Saint George and the Dragon on the reverse; the initials (B P) of the designer, Benedetto Pistrucci, are visible to the right of the date.
WIKI
Nationally treasured and globally recognised, the gold sovereign is an incredibly "safe bet" when purchasing gold. Its size, gold content and recognition the world over makes it an ideal investment piece.
The weight of a gold Sovereign is 7.98 grams, with a pure gold content of 7.32240 grams. The remaining weight is copper, which gives Sovereign coins their distinctive reddish hue. All Sovereigns have a fineness of 916.7/1000, this percentage of gold means Sovereigns are 22-carat purity.
So to calculate the value of scrap metal in a sovereign, at any given time we simply need to multiply SPOT PRICE by WEIGHT OF GOLD:
AT TIME OF WRITING the price of a gram of gold was £38.236. So to find out the true price of a gold sovereign, we take that figure and multiply it by the weight of gold in the coin -
38.236 X 7.3224 = £279.98
By following THIS LINK, it will take you to a coin dealer, here in the UK, where you can currently buy 2020 sovereigns for £279 (Inc FREE delivery).
This is by far the cheapest place I've seen these coins. Not only are they guaranteed to be in brilliant uncirculated (BUNC) condition, offer a 30 day money back guarantee, but this is a company I TRUST.
Unfortunately it's only a maximum of 3 per household, and at that price I'll be getting my full quota.
Don't delay, at this price they won't stick around for very long and the offer can end at any time.
