When looking long term, well beyond the typical horizon, establishing how to transport value is important.
What do you think is best to transfer value to the future with the most peace of mind and convenience?
1 Oz of yellow metal:
Cost: £1,000
HDTV
:
Cost: £889
Gold Stater: 330BC- made of yellow metal.
Alexander the Great lifetime strike: Cost £2,300
Which will have the greatest resale value in decades hence, and in all honesty, which would you feel most comfortable owning?
For some, measuring value is not worth the effort involved, which is one of the main reasons we are in the crisis we are in. Too many investors blindly trusted credit rating agencies to measure the relative value of subprime bonds. As ridiculous as it sounds today they were all given the heist possible rating of AAA.One area which you can surly trust is the Royal Mint, surely such and august institution understands value?
It does, but how does this measure up on your scale of value?
1.5 Oz of the yellow metal, "limited" strike of "just" 4,000 sets.
Only £2,349.
Does paying 59% over current melt for one of four thousand sets trump Alexander for long term peace of mind?
