GOLD KRUGERAND 1OZ. COIN

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HURRY IS GOING UP FAST! This is how it works ; the weaker the dollar and the worse the economy, the higher the price of Gold will go. China and other countries governments are buying large amounts. Oil producers are planning to use Gold as currency for oil trade. SPECIALLY NOW WITH THE RIOTS IN THE MIDDLE EAST , PAPER MONEY IS GOING TO BE WORTHLESS SOON. Gold has never been worth $0 like some stocks. The amount of gold in the world is limited. Mainly because most has not been discovered yet. The South African Krugerrand was first minted in 1967 (this coin is from 1978). It was the first gold coin to contain precisely one ounce of fine gold. Since it had the status of legal tender, Krugerrands could be owned by citizens of the United States at that time ( 1967 ), where private ownership of bullion was prohibited, but ownership of foreign coins was allowed. The Krugerrand has become the most widely owned bullion coin in the world.The Krugerrand gets its name from Paul Kruger pictured on one side of the coin, he was the president of the old the South African Republic, the other side depicts a Springbock, one of the national symbols of South Africa. The name “South Africa” and the gold content are shown in both Afrikaans and English. This coin is widely recognized, can be used as legal tender and is coveted by collectors as well as read more

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