What is Organic Farming and is it Important

Organic farming is a broad concept with extreme application. It is well appreciated on a large scale by the people as now with the help of it they can easily grow their own food. If you have a little bit of free time with you then you need not to face any kind of problem. You can prepare and serve good quality delicious food by doing organic farming at your home.

It is not true that organic farming is practiced at a small scale only. By having a trip of farming sector you can easily understand how much vast this sector actually is. This is not the case some time before. Few years back it was not a highly thriving and demanding sector but now the case has totally changed. It is now not limited to a small scale industry as day by day more corporate sectors are taking interest in this field. Large corporate farming is taking keen interest in the concept of organic farming. Continuous research is going on to find out the way by which huge fields of a single crop can be grown. No one can deny the fact that in the process of organic farming, pests are believed to be the major threat. Due to harmful impact on the biodiversity unnatural pesticides are not much preferred to use.

If you are going for the natural pesticides for controlling the pests then it is certainly an eco friendly approach but believed to be much expensive in contrast to unnatural ones. Some time before, due to expensive nature they were not much preferred in the process of organic farming. After the entrance of large scale industries with huge budget this can be achieved now very easily. Natural pesticides can be a good option when it is about the large scale organic farming but if you are going for it at your home or at a small scale in a separate piece of land then it is advisable to look for any other good option. This is because like other kinds of farming organic farming also requires the process of sowing, cultivating and harvesting. If you do not have proper arrangement of water for the purpose of irrigation then you require depending largely on the rain water. If you are concluding the process of organic farming at your home then irrigation is not a big issue but even at a small scale proper arrangement of water is very essential. If you do not have a huge budget with you then it can be a difficult work for you. You require investing a good amount on purchase of seeds, irrigation, fertilizers, harvesting, etc.

There is much debate till now on the use of unnatural pesticides in the process of organic farming. Several environmentalists and consumer protection organization have claimed that the use of unnatural pesticides not only damage the environment but also have an adverse impact on the quality of food. For killing the insects and pests these pesticides are used but they are not considered helpful after sometime. It is so because these insects as well as the pests easily get adapted to the effects of the chemicals involved in them and so these pesticides looses their worth. Sooner or later it damages the health of the final consumer who without knowing consumes a large amount of lethal chemicals and synthesized materials along with the natural food. Thus it is injurious for the health of the human being as well.

Thus there are several ways by which you can have your favorite vegetables as well as fruits and that too with the help of inorganic as well as organic farming. As there are several pros as well as cons of both it is up to you to decide the one that is best for you. You can make use of organic farming to turn your dreams into reality and the best part is it is already benefiting millions of people so you are not at all required to worry for it as well.

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How to Determine the Value of Your Gold Coins

Gold has been mankind's most desirable asset for more than 3,000 years. It freely circulated as everyday money - except during times of great economic turmoil - from the time of the Ancient Greeks and Romans right up to 1933. Until that year, the value of the great majority of gold coins was the same as their face value. That meant a $20 gold coin could be freely exchanged for 20 one-dollar bills. And 20 one-dollar bills could be exchanged for one $20 gold coin. It was a two-way system that promoted a stable value for our money.

That era ended in 1933. As part of his effort to re-inflate our economy from the depths of the depression, President Roosevelt recalled all circulating gold coins. He had his Treasury Department melt them and send the newly formed ingots to Fort Knox for storage. Then Roosevelt revalued gold, in a series of steps, from its pre-1933 value of $20 to $35 per ounce.

The Market for Gold Coins Changes

Literally overnight, a $20 gold coin contained more than $20 worth of gold. Owners of the limited number of coins that survived the federal recall order, primarily collectors and overseas banks, wondered how to determine the value of their gold coins. Were they only worth their gold value, or would the government's efforts turn once-common issues into scarce and rare dates?

Today we know the answer to that question. The government's massive melting of our circulating $1, $2.50, $5, $10, and $20 gold coins created hundreds of rarities out of coins with original mintage that suggest easy availability. Here's one example: the Philadelphia Mint struck 2.9 million $20 gold coins in 1931, one of the higher mintage of the 1907-1933 series. Based strictly on its original mintage, the 1931-P should be easily available and not too expensive. Thanks to the government's melting, all 1931-P $20 gold coins are rare and extremely valuable.

Gold Coin Values Today

Speed forward to 2009. All U.S. gold coins minted before 1933 are worth FAR more than their face value, and many are worth FAR more than their bullion (metallic) value. That's true because the number of collectors of U.S. gold coins of the pre-1933 era has expanded tremendously. At the same time, the available supply of these coins has remained relatively unchanged. Because rare coin market values are set by the interaction of supply and demand, the long-term value of pre-1933 U.S. gold coins has shown a distinctly rising trend.

So how can you determine the value of your pre-1933 U.S. gold coins?

We live in an age of tremendous availability of information. Early in the last century, collectors and investors were content to determine their gold coins' value by following (and interpreting) auction results. In the late 1940s, publishers began offering a once per year guide book that listed values for every U.S. coin. Then monthly publications were introduced, providing ads and estimated market values. Then weekly coin newspapers, filled with articles, auction results, and market commentaries, were established. Today we have all of these sources, plus the information on the Internet.

All of these sources, when you know how to use and interpret them, are extremely valuable. All of these sources can help you determine the value of each gold coin you own. But none is perfect. Each has its own quirks and its own idiosyncrasies.

The single best way to determine the retail or wholesale value of your pre-1933 U.S. gold coins is to have your trusted adviser perform a professional review, this will provide your most dependable estimate of value.

Determine the Value of Bullion Gold Coins

Bullion gold coins, like American Eagles and Canadian Maple Leafs, are struck by governments for sale to investors through a network of distributors and wholesalers. They are minted in unlimited numbers, so scarcity is not a factor in determining their value. That means the value of gold bullion coins can be easily determined with reasonable accuracy on any day.

To determine the value of your gold bullion coins, you need to know their pure gold weight and the spot (or cash) value of gold. Determining a gold coin's weight is usually simple: the coin's design should state them. If it does not, contact your coin dealer.

Once you know your bullion gold coin's pure gold content, it's time to identify the market value for an ounce of gold. For today's value, contact your broker. Your broker provides up to the minute bid and ask prices for spot gold, as well as spot silver, platinum, and palladium.

Now you know the weight of your coin and the value of an ounce of pure gold. To learn your coin's pure gold value, simply multiply the two numbers. For example: you want to know the value of a half-ounce American Eagle gold bullion coin. You know the pure gold content (one half ounce) because it is stated on the coin. You locate gold's current market value, and find it is $950 per ounce. Multiplying one-half (your coin's pure gold contents) times $950 (gold's current market value) yields a gold value of $475 for your coin. Market premiums, distribution charges, and dealer commissions will vary and will affect your coin's value, so be sure to consider them when determining your coin's value.

American Eagles, the world's most popular gold bullion coins, are guaranteed for their content and purity by the United States government. Their value is primarily determined by the price of gold, which fluctuates throughout the day.

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Contact ITM Trading Senior Analyst for how to buy Gold coins or more information on buying Gold for Investment.