Recently, you could find that there are so many websites that are offering you solutions to help you dealing with your current situation whereas you need some extra money immediately. Actually, the money that you need here is not really crucial but still really important because everything is just going to be okay if you don’t present any New Year gifts for people you love but still New Year is an annual event surely you cannot just miss this important event without presenting any gifts for all people you love.
What do you think about proposing a loan? Some of you might be thinking this solution is too much because what you need is just some amount of money that actually not much. You think, there is no point of you to spend your time and energy for all kinds of complicated procedures just for some amount of money. Well, perhaps you have heard about personal cash advance before; it is actually a website where you could propose payday loan in efficient and effective way.
You must be starting to wonder about the solution that is offered. Well, in this matter there is only one way you should take; it is visiting their site in Personalcashadvance.com.
December 9th, 2010
posted in Gold Investment
The gold market is considered to be one of the most promising investment options available today. Realizing this lucrative opportunity, many companies have come up with attractive investment schemes for customers. They possess extensive experience in this field and are among the top players in precious metals IRA rollovers.
Gold has been considered as a very versatile commodity right through the human history. Its various unique features have ascertained its supremacy over other commodities. The huge reserves of gold were often considered to be a status of power and authority among the kings and nobles. It is also being used as a currency for international trade. It has maintained its value all these years and therefore considering it as an investment is definitely a wise choice.
As with every investment plan, one should be aware of all the pros and cons of the same before investing in it. Investment in the gold market should only be done after gaining adequate information about the gold prices and the market. It won’t be easy for a beginner to obtain all the information at first. In such cases, he can make use of various websites and companies which offer help in gold investment. One would find a large number of companies which offers various investment schemes, but it is extremely important to select your company carefully.
Even amidst these tough times of recession, the gold investment sector has stood out as an excellent investment option. This has made people all the more attracted to this safe investment sector. Transparency is a major factor that drives people to this field. The fluctuating gold prices are made available to the customers in a timely manner.
There are various factors which accounts for fluctuating gold prices. Since it is used as an international currency, these fluctuations have far reaching effects. Therefore it becomes essential for an investor to be up-to-date with these gold prices regularly. Yet, gold investments are considered to be more stable than stock market investments and other similar ventures. The gold price has witnessed a whopping rise of more than 40% in the last few years. This is a clear indication of the growth in this sector.
There are various gold investment schemes available. An expert will be able to help you choose the best scheme for you. Since this is a very sensitive sector, it is always recommended to utilize the services of an expert company before investing in this market. Such companies will also be able to help you with purchasing gold from the market. There are many metals which resembles gold but are inferior in value, therefore such companies can make sure that you do not make a mistake while making the purchase. With proper guidance and information, one would be able to lead a very successful career in the gold investment business.
October 15th, 2010
posted in Gold Investment
In 2006, the U.S. Mint issued the modern version of American gold Buffalo coins in order to compete with the foreign 24-Karat gold coins such as the Canadian Maple Leaf. Before the release of Buffalo 2006 gold coin, there were no American 24-Karat pure gold coins available for investors who need 0.9999 pure gold Bullion. So the Buffalo 2006 gold coin was an immediate success. Over 300,000 coins sold out that year, comparing to the total sales of around 200,000 American Gold Eagles. Here are some important things you need to know before buying Buffalo 2006 gold coins. Buffalo 2006 gold coin features a distinctive American Design based on American sculptor James Earle Fraser’s 1913 Buffalo Nickel. The coin’s obverse side is the famous Indian Chief Head. An standing American Bison appears on the other side. Beneath the Buffalo’s head inscribed with the motto “In God We Trust.” Although the coin has a legal tender value of $50, Buffalo 2006 gold coin is actually priced based on the gold content it contains plus a small premium as the gold Bullion coins. The 1 oz Buffalo gold coins appear in two versions, proof and uncirculated. Proof gold Buffalo coin is struck multiple times with a specially polished dies to produce an effect that highly detailed images seem to float above the field of the coin. Uncirculated old Buffalo coin is minted with a satiny finish and flashy appearance instead. Buffalo 2006 gold coin specification: Condition: Bullion Face value: $50 Fineness: 0.9999 Weight: 31.108 g (1.0001 ounces) Diameter: 32.70 mm (1.287 inches) Thickness: 2.95 mm (0.116 inches) Minted Year: 2006 Mint: West Point As the first 24-karat pure gold Bullion coin produced by the US Mint, the gold content and purity of Buffalo 2006 gold coin are guaranteed by the US government. This helps Buffalo gold coin become one of the most popular gold Bullion in the world. Almost all gold dealers or stores are willing to buy and sell Buffalo 2006 gold coins, making them easily converted into cash should the need arise. This allows you to liquidate your asset very quickly when necessary, which is an important factor to take into consideration for gold investment. I recommend you checking out American Buffalo Coin. It is a specialized Buffalo Gold Coin for Sale site, offering a great selection of American gold Buffalo coins, silver Buffalo and Buffalo Nickels for sale. This website makes finding your dream American Buffalo Coin a million times easier. Be sure to try this website before you buy.
April 11th, 2010
posted in Gold Investment
“Growing instead of Shrinking
First thing to note in the list of real estate investing benefits is that if you look at the real estate market as a time line compared to the stock market, you will notice that real estate is a growing line with few major fluxuations. On the other hand the stock market has high points and valleys that range from quick high’s to sudden drops through out it’s history. It’s harder to look at the time lines of other forms of investing i.e. currency investing, mutual funds, buying gold and silver etc – but one thing is clear, no other market is as profitable or as safe as the investment real estate market.
Many people ask me “Why is investing in real estate such a safe investment?” and the answer is as simple as it is complicated, the quick answer is “God isn’t making any more of it” the more complicated answer isn’t as poetic. The reason investing in real estate has so many benefits has many factors, I will go over the basics with you now:
“”A 1031 exchange or Like kind exchange is defined by section 1031 of the Internal Revenue Code. This code specifies that if an asset, usually some form of real estate such as land or a building, is sold and the proceeds of the sale are then reinvested in a like kind of an asset then no gain or loss is recognized, allowing the deferment of capital gains taxes.”"
The simple explanation is as long as you reinvest the money you made from your real estate investment into another investment you don’t have to pay taxes on said profit. No other form of investing gives you this much freedom with taxes.
Anyone Can Invest – Because real estate investing is so profitable and safe it see’s a huge amount of amateur investors entering the market everyday. Why else do you think all these infomercials are on late at night talking about the millions they’ve made overnight with someone’s CD set? O.k. I’m not saying that buying one of those CD sets will make you a millionaire but they are good to learn the basics of real estate investing from. The big problems with these CD sets is they teach making millions in real estate with bad credit or without spending a dime. This is not the case, 99.9999% of the time you will need excellent credit and a good amount of money for the down payment on an investment property (usually 10-20%).
Other People’s Money – Why invest your money when you can invest someone else’s? One of the big rules in real estate investing is “If someone is willing to flip the bill – let them”. Banks are more then willing to give out a loan to buy houses because unlike other forms of investing they have something tangible they can keep if you don’t pay up. Banks are usually not as willing to give loans for stock or gold investing because the stock you invested in maybe worth nothing by the time you sell and the bank has nothing OR you take your gold and run across the border. Real estate is almost always going to be worth something (often increasing in value every year) and their hasn’t been a recorded case yet of someone taking a house across the border.
Right now the investment real estate market is booming like never before in history and those investing in it are being rewarded more so then in any other time in. If you want more information on this explosive market feel free to visit my website or give me a call and I will answer any question you may have.
”
April 10th, 2010
posted in Gold Investment
Does your gold bullion collection include Dutch gold coins? If it doesn’t, it definitely should! You may or may not be aware of the scarcity of these coins, and why you should add then to your portfolio. These gold coins not only have true historic value, they are unusual in appearance. Whether you are an experienced collector or a complete beginner, expanding your gold investing horizons can be a profitable idea.Gold coins in the Netherlands are distinct in appearance. If you like variety in your collection, these will add value as well as uniqueness to your portfolio. Prices for any type of gold coins vary greatly, but investing in your collection is wise. The value will increase, and gold is one of the most stable markets today. Whether pure gold, bullion or bars, gold is hard to beat for financial security.No matter where their origin, gold coins have always been known as something of “real” value. It is one market that is constant, and appreciates in value as other markets fail. Adding value to your portfolio is very important, and can add a great measure of security to your financial future. It is also a “liquid” market, meaning it can be easily traded.When searching for Dutch Gold coins, you may find terms such as ducats, florins, florins d’or, duits, stuivers, cavaliers, gulden or guilders, and ducatons. This can be confusing when you go to purchase an addition for your collection, but don’t let it stress you too much. Just like the country has many names (Holland, The Netherlands, or Der Nederlanden to the Dutch), so does its coins.Many collectors have coins from a variety of countries. Why limit yourself, when you can increase the value of your collection, and vary the interest? In the future, if you decide to sell your gold, having a diverse collection will enable you to better yourself financially.Most North American people who have a passion for collecting coins start with United States coins. Although they are of great value, there is no reason to limit yourself. Diversify and add Dutch Gold coins to your portfolio – increase your financial assets!
April 9th, 2010
posted in Gold Investment
Each gold bar is of 24 karat gold purity and has the exact purity and weight stamped on each gold bar, then sealed for your safety and security. The pure gold content of each Credit Suisse gold bar is fully backed by the world renowned Credit Suisse Bank of Switzerland. Each bar is also stamped with a unique serial number to authenticate the bar. These bars come in gold, platinum, silver and palladium. We sell unique gold 10 gram pamp zodiac bars which have the zodiac sign. They come in Aries, Taurus, Gemini, Cancer, Leo, Virgo, Libra, Scorpio, Sagittarius, Capricorn, Aquarius, and Pisces. These bars can be worn as jewelry items when placed in gold bezels. Bezels are available in many sizes, 1 gram, 2.5 gram, 5 gram, 10 gram. By investing in gold physical precious metals, such as gold, platinum, silver and palladium, you will avoid the drama of the stock markets paper investments. It also does not have the staidness of parking your money in long-term debt products. Metal prices have been volatile, but well within ranges and though the metal has had a strong run in 2007 and 2008 with fairly high prices, analysts expect there will be a further appreciation. Looking at what the crude oil market has been in the last few months is an indicator of where the metals market is heading in the near future. The time is still right in purchasing gold or other precious metals as it is a commodity that still has legs for a good run. Near future prices of gold in the range $1000-$1200 per oz for gold is only a matter of time as gold investment money will flow into precious metals do to the still uncertain global economy. Buying bullion bars and uncirculated mint coins buying as physical investment is the right choice. Online purchase of the coins and bars can be a very easy process with secure transactions provided by coinsbullions.com
April 8th, 2010
posted in Gold Investment
The following is from originally published article at www.gold-speculator.com on February 4th
I’ve been trying to tell anyone, who would listen, to diversify at least some of their assets into gold for some time now. Five years back, the lot of willing listeners was small. I clearly remember my voice going hoarse one night as a mix of beer and fruity margaritas made a b-line straight to my brain and unleashed a roaring spiel on my uninterested friends. As I recall, the rest of the night, I was rather enjoyable, so I make no apologies. We’ve come a long way since then. When I first became interested in the commodities market, I remember very specifically that gold was trading at $375 per ounce, interest in the sector was low and misguided information was plentiful. It certainly wasn’t the bottom of the bear market, which came around the turn of the millennium and was marked by the 400 tonne auction of bullion by the Bank of England at historically low prices around $250 per ounce. Today we’re looking at gold prices north of $900, interest has definitely perked up but misguided information is still plentiful. So it doesn’t surprise me that many of the people who once shunned my message with apathy have now turned to me for advice. Nothing gets a person moving like fear and greed. If you’re worried that you may have missed the train, there’s good news for you. I strongly believe that we’ll see prices upwards of $2500 before all is said and done.
My goal is to try and demystify some of the myths and try to simplify your foray into gold investing, which is no-doubt one of the main reasons you are reading this. So without further ado, let me delve into some of the fundamental reasons why you should own some gold.
MONETARY INFLATION LEADS TO PRICE INFLATION AND YOU”RE WEALTH SHRINKS OVER TIME.
There are several reasons to own gold in the current environment and the most prominent and insidious of these reasons is inflation. I refer to the current inflation problem as insidious because it is in essence a hidden tax on the holders of whatever currency is being inflated. It is a sad fact that the “buttons” to control the printing of more money is unarguably under the control of politicians who have little regard for the long-term economic health of our nation and are more interested in where their next votes will come from to keep them in power. So as a means of protection from the whims of idiot politicians and the throngs of “expert” economic yes-men screaming that everything is alright, there is no substitute for gold as a means of preserving your hard earned wealth.
Let’s delve a little deeper. Two millennia ago, gold was used as a medium of exchange and also as a store of wealth. Back in the ancient roman days, it is said that you could buy a nice outfit and a nice pair of sandals for an ounce of gold. Today the equivalent to an ounce of gold (currently $923) will buy you a fairly nice suit and a decent pair of dress shoes. Let me contrast that with a brief study of history and “money” as we know it now, namely fiat currencies much like that green paper in your pocket. We’ll begin with Germany in the early 1900’s.
“Before World War I Germany was a prosperous country, with a gold-backed currency, expanding industry, and world leadership in optics, chemicals, and machinery. The German Mark, the British shilling, the French franc, and the Italian lira all had about equal value, and all were exchanged four or five to the dollar. That was in 1914. In 1923, at the most fevered moment of the German hyperinflation, the exchange rate between the dollar and the Mark was one trillion Marks to one dollar, and a wheelbarrow full of money would not even buy a newspaper.”
(http://www.pbs.org/wgbh/commandinghe…inflation.html)
Now we’ll jump forward a few decades and slide west to Argentina in the 1990’s.
“Argentina was subject to military dictatorship…for many years, that resulted in a number of significant economic problems. During the National Reorganization Process (1976-1983) huge debt was acquired for money that was later lost in different unfinished projects, the Falkland/Malvinas Islands War, and the state’s takeover of private debts….. new government’s plans included stabilizing Argentina’s economy including the creation of a new currency (the Austral, first of its kind not to carry the word peso as part of its name), for which new loans were required. The state eventually became unable to pay the interest of this debt, the economy collapsed and inflation began increasing. In 1989, Argentina’s inflation reached 200% per month, topping 3,000% annually.” http://en.wikipedia.org/wiki/Argenti…sis_(1999-2002)
And more recently we have Zimbabwe under the criminal dictatorship of Robert Mugabe, where we’ve seen hyperinflation to the tune of nearly 1000% per year. The price of a 2-ply sheet of toilet paper went from pennies to $417. A whole roll now costs $$145,750. History is littered with similar stories of currencies being inflated to worthlessness. The point I want to make with all this is that the root cause of all these problems can be summed into a few bullet points which then leads to the reason for owning gold. And they are:
1. A government exists with an entirely fiat currency, which means that the “money” used as legal tender has no intrinsic value and is enforced by means of law and the threat of punishment.
2. For whatever reasons, the government finds itself in a position where it has entered into more obligations to pay (liabilities) than it has funds to cover payment of. This is known as “bankruptcy” or “insolvency” if you are an individual and business-as-usual if you are a government entity.
3. The government finds that it is easiest to print money out of thin air to cover the obligations it has committed itself to pay for. This is usually the most politically acceptable solution as opposed to cutting spending or raising taxes.
4. The constant creation of money (monetary inflation) leads to a greater and greater supply of “money” chasing after the same amount of goods, thus leading to (price inflation) which I’m sure everyone is painfully aware of.
Previously I referred to inflation as a “hidden tax” on the holders of the currency. You may be wondering why this is so. Well, I believe it is pretty evident to anyone who eats, drives, buys, sells; that the price of everything around us has gone up considerably over the years. Or, a better assessment, I think is to see it as the dollars in your pocket have lost considerable purchasing power over time. (I’m trying hard not to use the word “value” because dollars have no value in and of themselves) This is no accident. The reason is simply because there is more money or “liquidity” floating around the economy and the supply of goods available for purchase has not increased by as much. I should mention, at this point the important difference between “monetary inflation” and “price inflation”. Monetary inflation is a direct result of the government creating too much money, which undoubtedly leads to higher prices for goods and services. But price inflation can occur without monetary inflation. Let’s say for example that a good or service becomes more scarce, and therefore more valuable, then the price of it will increase independently of what the monetary authorities are doing. However, when there is a general and sustained increase in the price of most goods and services, especially basic necessities, we definitely need to take a close look at what the government is doing with the printing presses.
I’ve taken the liberty of dissecting this enormous article into more digestible sections. Please check under the Gold Investing 101 sections for more on this series.
Disclaimer: Please keep in mind that we may or may not have positions in the financial instruments or assets we may write about. We provide our opinions in the interest of facilitating the free flow of ideas, which should not be mistaken for an investment advise. Please do your own due diligence before making any investment decisions. Please read the disclaimer at http://www.gold-speculator.com/index.php?pageid=disclaimer for the full disclosure.
Sincerely,
Markus Shultz
www.gold-speculator.com
April 7th, 2010
posted in Gold Investment
Until recently gold prices have been on a tear. After decades of going nowhere, gold has had a year of steadily rising prices, that is until two weeks ago. It appears the hedge fund investors who bid the price up, have decided to take their profits. Gold prices plunged and many financial analysts have proclaimed that the bull market in gold is over. Is it?
Price charts are one way to look at the situation, however we need to dig deeper into the fundamentals to see what the prospects are.
As the hedge fund investors have dumped gold, there is evidence new hands are coming into the market. As some investors leave, and new ones replace them, the volatility in gold prices will remain high. What we need to ask is are these new investors speculators or is there some fundamental reason new investors are coming into the market?
Lets start by looking at the retail investors. One important component of the price of gold is the retail investors in India, China and West Asia. Traditionally these investors have bought gold in the form of jewelry. Jewelry demand in these countries does have an impact on gold prices. The significant point here is investors in these countries are now accumulating gold in forms other then jewelry. In 2005 the investment demand for gold in these countries has risen from between 20% and 34%. The strong demand continues into the first quarter of 2006. During this same period of time, demand for gold related Exchange Traded Funds has risen 23%.
India is the largest buyer of gold in the world. Indian investors will soon be able to buy gold ETFs on Indian Exchanges. There is also a strong demand for investing in gold coins in India.
China has not had a strong interest in investing in gold for anything but jewelry. That may be about to change. The government is easing regulations that may encourage more investment in gold products.
Interest in gold investments is also increasing in Thailand. Demand for gold investments in that country has been hovering around 10%-15% until 2005. In the past year investment demand in Thailand has risen to 35% for gold.
The supply of gold remains tight. The demand across Asia is increasing. It is likely we will see supplies tighten even more which will again begin to drive up prices. The next wave up will look different. After having seen prices plunge, investors are likely to take profits much quicker this time around. Prices will begin to go up again, however there will be significant pullbacks as investors take profits.
Gold investments will also continue to be fueled by Energy price increases, increased inflation in the US and world tensions. Federal Reserve Chairman Ben Bernanke said that growth in the inflation rate could be worse than expected. After that remarkstocks in US markets dropped. This could bring investors back into gold.
Several financial experts in India are looking for gold to go to $770- $800 by the end of 2006 or beginning of 2007. Currently the price is around $635 an ounce. It is not clear if we are at the bottom prices yet. Prices will rise, but this ride will not be for those with weak stomachs.
April 6th, 2010
posted in Gold Investment
Gold has always had its place in many investor portfolios seen as a sef bet carrying intrinsic value. But the precious metal frequently returns to the spotlight in times of financial turmoil. In our latest BizChina 360 series, we look at gold China, its fledgling market, its production, and investment.
Our first installment, we look at dramatic developments over the last 8 years.
In 2007 China became the largest gold production country in the world-toppling South Africa from a position it had heldfor over a hundred years.
It’s an exciting new century for China’s gold market. That’s because in 2007, China became the largest gold production country in the world-toppling South Africa from a position it had held for over a hundred years. China’s gold consumption also grew multifold, and now ranks 2nd globally. And experts such as precious metals consultancy GFMS limited are confident, that the positive trend will only continue.
Philip Klapwijk, Executive Chairman of GFMS Ltd. said “The China market in 2008 will probably be the world’s largest physical gold market, supply, demand, consumption. China will be the world’s largest gold market in 2008; that tells you the significance of the China market.”What may be even more startling is the fact that it has taken less than a decade for the country to get here. Previously, gold was managed under the old system of “unified purchase and allocation”, and was strictly controlled by the central government. The development of the gold market was stagnant, at best.
But 2000 proved to be a pivotal year. Everyone in the gold industry hailed the Chinese government’s move to include opening up the country’s gold market in its 10th five year plan. The basic goal was to gradually loosen control of the market by establishing a new system for gold production, circulation and healthy consumption through market dynamics.
Gu Wenshuo, General Manager of General Office of Shanghai Gold Exchange said “The reform of the gold market was very critical. That’s because gold represented not only a commodity, but also a financial function. It was also related to the country’s gold reserve, and many other issues. As a result, China focused on reforming its gold management system. Under those circumstances, we did thorough investigation of the market conditions, and learned from the experience of other countries. On such basis, the State Council ratified the People’s Bank of China to establish a gold market to adjust gold resources.”So at the turn of the millennium over 20 years after China began to shift towards a market economy, the country finally launched its market reform for the gold industry.
The first step was establishing the Shanghai Gold Exchange, which formally opened for trade in October 2002. For the first time in China’s modern history, the country’s gold price was fully determined by the open market.
Enterprises were no longer confined with limited volume. They were free to buy or sell gold through the exchange, and at a price that was determined by the supply and demand of the precious metal.
The opening up of the market injected vigor into China’s gold industry, and significantly boosted development of mining, manufacturing and investment, and many other aspects. But there was a catch. In the early days, the Shanghai Gold Exchange was offering only spot transactions. As a result, most of the market players were gold miners, jewelry merchants, and other entities engaged in the gold industry. Gold investments such as gold future products were not available. In contrast, 97 percent of the worldwide gold trade was gold futures. So-that led to more development. “But it was not until 2004 before the country came out with more clear guidelines to develop the gold market. Speaking at an international gold summit that year, China’s central bank governor Zhou Xiaochuan spelt out 3 targets for the sector, applauded by many industry insiders.
Liu Yuning, Senior Vice President of Jingyi Gold Co., Ltd. said “The central bank governor Zhou Xiaochuan said the yellow medal should evolve from a solely consumable to investment product, while its trading should change from spot transactions to gold derivatives and move from domestic markets to overseas. From 2003 to 2008, we can see gold transforming into an investment product. When we talk about gold, many will now not only think about gold jewelry, but paper gold and gold trading at the exchange.”For the second target, there have been a lot of changes undertaken through years. After research and preparation, the Shanghai Gold Exchange first launched T+D products in 2004, (which allow investors to bid first but delay the spot transaction of real gold), as a stop-gap to gold futures. The breakthrough came in January 2008, when the Chinese Securities Regulatory Commission ratified the Shanghai Futures Exchange to launch gold futures products.
Li Wenfeng, Trader of Huaxia Bank said “The move has significant meaning. China ranks among top gold producers, but has little impact on gold prices. The launch of gold future is an important complement to China’s financial system. If we further relax controls on gold import and export, we will have more say in pricing the precious metal. Gold future is a good start. For individual and corporate investors, it is a new alternative.”Another important step has been combining the domestic market with the global gold market. The People’s Bank of China gave the Shanghai Stock Exchange the go-ahead to include 5 locally incorporated foreign banks in its membership this June. The Standard Chartered made a Chinese-style debut on August 8th by trading 88 kilogram gold at the Shanghai stock exchange. It hoped the 4 “8″s will bring luck to its future development in China’s commodity markets.
And with current economic climate in such a turmoil, gold has never looked better.
Wang Lixin, GM of World Gold Council of Greater China said “With the increased income level of the population, with more mature of the gold market, with more products availability in the market place, in terms of the unstable financial market and a weaker US dollar, maybe some concerns about the global currency. We believe consumer will have the interest to buy gold.”"I am now at the People’s Bank of China, which serves as the only management of China’s gold system. However, it has now taken off from here to evolve into a very robust market. Many would say recent developments in China’s gold market has been staggering. People may ask how has this happened so quickly? Many credit the country’s macro-economic environment: China’s opening-up policy. The question now is, can it be sustained? Even though experts are bullish about the country’s future gold industry, China’s increased integration with the global economy does make it vulnerable to its highs-and its lows. But the fact that more and more people are turning to gold as an investment channel could spell an even brighter future for China’s gold industry. ”
April 5th, 2010
posted in Gold Investment
Gold bullion is the purest gold in the world. It is refined to make the entire bar nearly 100% solid gold. Investing in gold bullion is an extremely smart move. It is a tangible asset that you can trade on the open market extremely quickly. Gold bullion has been a trusted measure of wealth by the United States, Great Britain and many other world powers.When you considering investing in gold bullion, you must be committed to spending a fairly decent amount of money. Gold is one of the highest valued precious metals on the market today. There are many different sources that you can purchase your gold bullion from. Everyone from banks to exchange companies to a precious metals dealer usually has gold bullion that they are willing to sell. Investing in gold bullion bars is affordable for a wide range of investors. This is because gold bullion bars are available in 19 different sizes. These consist of the one gram bar to the enormous London Good Delivery Bar which weighs in at 400 troy ounces. The different sized bars also help you when it comes to selling off your investment. You can sell one bar while still keeping another larger one to generate higher returns on your income.Unlike stocks where a broker can charge extremely high transaction and commission fees, selling gold bullion bars is simple and exceedingly inexpensive. If your bar of gold bullion bears the mark of a recognized refiner you can easily sell it on the open market. Polished gold bullion bars and those bearing marks of select refiners can further increase the price of your gold bullion above that of market values. While gold bullion bars are a wonderful investment, you can also invest in gold bullion coins. The gold bullion coins are very simple to invest in. They almost always come in one troy ounce. They are pure gold, which means that you can check their value by reading your local newspaper’s business section and looking for the gold value. Gold bullion coins do have a downside, they are traded at a premium of approximately 7%. However, this can often be recovered during a resale. Gold bullion coins are small, easily stored and come in a standard weight that is easy to keep track of. Investing in gold bullion coins or gold bullion bars can diversify your portfolio and bring you a large sum of money.
April 4th, 2010
posted in Gold Investment
People have often asked me how I always pick stocks that end up with 20% gains in a couple of months or triple-digit gains in a year. They ask me is it luck? Maybe with a couple of stocks it may have been luck, but luck doesn’t play a role in buying ten or more stocks in the same year that earn more than 80% returns. The key is not to follow the herd, stop listening to the investment talking heads, and to learn an investment system and then be unwaveringly courageous in applying your system. There have been times family and friends have asked me for advice, and I have told them, “Buy this stock. I guarantee you, you will not lose money.”
Now I know that there are no guarantees in the stock market, but if you follow certain strategies, you can be 90% sure that the stock will appreciate. With this particular agricultural stock, it was almost the perfect stock, and I was 99.9% sure that the stock would produce monumental gains. Sure enough, the stock exploded almost 130% higher in about a year. And this stock was not some risky penny stock trading at less than a dollar a share. This stock was trading at about $70 a share at the time I advised my friends to buy it. So below are the 10 surefire rules I employ to build enormous gains in investment portfolios.
(1)Buy When Fear is Rampant, Sell When Mania is the Greatest
Every investing course should be accompanied by a psychology course as well. The most difficult thing to do in investing is to buy more when fear and panic is rampant and to sell when mania is the highest. Stock markets and asset classes cycle in peaks and troughs. Most people will not buy stocks until after stocks are plastered all over the news and after they have just risen by 30%, 40%, 50% or more, believing that they will rise higher forever. Buying at the troughs when nobody is talking about a stock or during steep corrections provides a low-risk, \high-reward setup for your portfolio.
(2)Learn What Your Neighbor is Doing, Watch Investment Shows on MSNBC and Bloomberg on TV, Listen to the Recommendations of Your Financial Consultant – Then Make Sure that You Don’t Have a Single Thing in Common With Their Strategies
If you are one of the thundering sheep herd and perpetually follow the mindless actions of others, you are virtually guaranteed to lose money or forever relegate your portfolio to average to below-average returns. The surest way to build an investment fortune is to buy asset classes and stocks when nobody is discussing them and to sell them when everyone is talking about them. This requires a nose for market timing. Is market timing impossible as all the global investment firms always tell you? Hardly. Learning what asset classes and individual stocks are poised to skyrocket every year just takes a little bit of time, but is really not that difficult. Since time is a commodity that Private Wealth Mangers and Financial Consultants employed by large commercial investment houses lack, they tell you that market timing is impossible merely because they don’t have the time to perform the necessary research.
However, purchasing stocks that are likely close to cyclical bottoms instead of believing that market timing is impossible and indiscriminately buying stocks will easily add another 10% in returns to your portfolio per year. Do you really believe that you can make a fortune by buying any stock that is advertised on a TV program watched by millions of investors worldwide? Ultimately, if you own the same stocks as your neighbor to the right, your neighbor to the left, the talking head on TV, and the talking head at your commercial investment firm, then are doing something the proper things to build an investment fortune.
If you don’t seek out stocks and asset classes at times when nobody is considering them, you will never make serious money in investing. You may make 10% a year or maybe even 15% a year but if you want to enter the world of the big boys and earn 25% or more in annual returns, you have to dig a lot deeper than your investment peers. Just a couple of months ago (June 25, 2007) this email landed in my inbox from a big investment newsletter publisher. “Over the past week, I’ve crisscrossed northwestern Canada looking for the next great investment. I’m up here to find out what everyone’s invested in. And after attending an investment conference in Vancouver last week, I can tell you absolutely that no one is interested in gold…Base and minor metals will continue to be the best place to have your money over the next few years. Gold, as a virtually useless metal that has few industrial uses, appears to have hit its peak and could be running sideways for years like it has many times in the past.”
Then, in August, when the HUI (the major AMEX gold index) took a sharp hit in response to global market corrections, everyone proclaimed that gold was no longer a safe haven and that gold was “done”. Now, just a one-month later, on September 26, 2007, a lot of people are talking about gold’s strong rapid surge. So was the newsletter that ended up in my mailbox that proclaimed gold as dead in June right in June but terribly wrong in September? The answer is neither. The only person that is wrong is you if you blindly listen to talking heads that end up in your inbox or that you watch on TV. The fact is that little-discussed asset classes and stocks are ignored because perhaps 1 out of 1000 investors truly understand them, and even the ones that parade as experts on TV have been more terribly wrong about their calls than right. So it’s up to you to get off your proverbial bum and learn how to invest for yourself. Chasing stocks higher and buying when everyone else is speaking about them is a sure way to lose money. And so is listening to talking heads. Learn a system that teaches you to buy assets when everyone is ignoring them and you’ll outperform everyone else.
(3)Concentrate, Don’t Diversify
If you’ve read the paragraph above, you already realize that Private Wealth Managers and Financial Consultants are in short supply of time as they partake in the race to gather as many assets as possible for their respective firms. Thus, this is the reason they employ the rule of diversification for your portfolio. U.S. Navy SEALs will tell you that during an operation exfil exercise, the easiest way out is rarely the safest way out. The same holds true in investing, yet diversification is by far and away, the easiest investment strategy that anyone could possibly teach to tens of thousands of financial consultants. Certainly, diversification cannot be a complex strategy if tens of thousand consultants from varied backgrounds and industries can all efficiently apply this concept to their clients’ portfolios with very little training. Diversification is the biggest cop-out investment strategy of all time. It screams of incompetence and lack of skill – “I have no idea what asset classes are going to perform well this year so I’m going to invest you in everything under the sun.”
Assume everyday, a NBA coach looked at his active roster of 12 players and said, “I have no idea who are the best players. Because I don’t know, and don’t care to take the time to figure it out, I’m going to ensure that all 12 players share equal time every game.” This coach is unlikely to win many games versus the coach that takes the time in training camp to assess who his best 5 players are and then consequently plays these 5 players the majority of minutes during every game. This is the difference between diversification and concentration. The coach that diversifies may win some games based upon pure luck because maybe he has a couple great players that can make up for the deficiencies of the poor players he puts on the court every night. Still, most nights, the deficiencies of the poor players will drag down the performance of the excellent players.
However, the coach that concentrates and puts his best players on the court every night will be able to field a team every night that has an excellent chance of winning. This is why we concentrate in investing. To give us the best possible chance of winning. Diversification will never achieve this.Study the best investors in the world. The best investors in the world always manage their own money and they concentrate their portfolios in the best asset classes every year. Don’t believe the hype about diversification – diversification stinks, it doesn’t protect your portfolio, and it certainly will never make you wealthy.
(4)Learn Everything You Can About the Relationship Between Politics and Stocks
On September 18, 2007, the U.S. Federal Reserve cut the Federal Funds Rate (the rates banks borrow from each other and the rates the rates banks loan to customers) by 50 basis points. The U.S. stock markets soared that day, followed by strong surges in Asian markets the following morning. The interest rate cut undoubtedly was not just motivated by a desire to manufacture stability and confidence in the U.S. economy, but also motivated by politics. If you don’t \understand what I mean by this, then you have homework to do.
Governments and corporations in every major global economy in the world have formed relationships that have since been coined as “corporatocracies”. Politics has a major hand in all of the following: interest rate cuts, interest rate increases, the price of oil, the price of gold, the valuation of the Euro, the valuation of the dollar, the valuation of the Pound Sterling, permits to mine uranium in Australia, defense spending for national security, decisions to go to war, and contracts awarded to corporations. If you don’t understand politics, you cannot possibly understand global macro-economic trends and what asset classes and stocks offer the best low-risk, high-reward opportunities year after year. The lack of understanding of politics is what causes Chief Investment Officers of major commercial investment houses to make poor calls in the direction of commodity prices and the direction of global economies. Understand politics and your investment returns should increase tremendously.
(5)Learn Everything You Can About Gold as an Investment.
Gold, as an investment, is perhaps the most misunderstood and poorest understood asset class in the world. Some people believe that the physical commodity is the only way to invest in this asset, and as such, only put money into the paper gold ETFs. Other people that invest in gold stocks don’t understand the differences in price behavior between the juniors and majors; explorers, developers, and producers; hedged and unhedged companies; and the political risk of operating in different countries. Therefore, they never understand the risk-reward quotient of their gold portfolio, sell out during steep corrections, always lose money, and think that gold investments are speculative and stink. Furthermore, they don’t understand that short-term manipulation of prices of the underlying commodity and stocks can’t change the long-term outlook and performance. However, learn how to buy and sell this asset class properly and you will be rewarded as no other asset class can reward you
Article continued under same title, part II. To read the rest of the article, merely perform a search for “10 Surefire Ways to Make an Investment Fortune, Part II) or visit us at http://www.theundergroundinvestor.com
April 3rd, 2010
posted in Gold Investment
With the gold prices rising steadily over the past few years, more and more smart investors are turning to investing in gold against the declining US economy. After all, no other investment has the wealth preserving power as gold does. As a result, gold Bullion such as American gold Buffalo coins are considered as a safe investment. So here are 4 reasons why you should invest in gold Buffalo coins now. First, as stated previously, gold is one of the safest and most effective investment to preserve personal wealth during times of financial uncertainties and depressions. With the recent economy turmoil and foreclosures are at an all-time high, seasoned investors have turned to gold as a safer investment alternative. Secondly, for average Americans, the easiest way to physically own gold is to buy gold Bullion coins in order to protect their hard-earned money during recession. gold Bullion such as Buffalo coins are easier to store and trade than standard gold Bullion bars, because of their smaller denominations and sizes. In addition , gold coin is classified as a collectible, which means that profits are not taxed as capital gains but as ordinary income. Long-term capital gains are taxed at a 15% rate for those in the 15% bracket, but gold investments can be taxed at rates of up to 39.6%. Those considering putting their money into gold coins should consider what these rates might do to their returns. Thirdly, American gold Buffalo coins are the first 24-karat pure gold bullion coin offered to the public by the US Mint. Before gold Buffalo coins issued in 2006, investors only had the option to purchase 22-karat gold coinages, because 24-karat gold is technically “softer” than 22-karat ones, and is harder to hold up to the rigors of circulation. US investors end up buying foreign 24-karat gold bullion such as the Canadian gold Maple leaf. So the US Mint released America’s first 24-karat gold Bullion coin, 2006 gold Buffalo coin, on June 22, 2006. Last but not the least, each gold Buffalo coin’s gold content and purity are guaranteed by the U.S. government. Gold Buffalo coins must contain one troy ounce of 24 Karat gold (0.9999 fineness), making them not only recognized as America’s official investment-grade gold bullion, but widely accepted and traded all over the world. This allows you to sell gold Buffalo coins for cash easily should the need arise. As one of the highest quality, purest gold coins, gold Buffalo coins are the ideal coin to add to your investment portfolio. To sum up, now is the time to invest in gold. American gold Buffalo coins offer a safe, yet effective way to protect your assets against the falling US dollar. Get in now, before gold prices get too high! I recommend you checking out American Gold Buffalo Coins. It is a specialized Buffalo Gold Coin for Sale site, offering a great selection of American gold Buffalo coins, silver Buffalo and Buffalo Nickels for sale. This website makes finding your dream American Buffalo Coin a million times easier. Be sure to try this website before you buy.
April 2nd, 2010
posted in Gold Investment
Much attention has been given to the rise in the price of gold in recent weeks, leading investors to wonder, what are the current factors driving gold? The easy answer to that question is –fear. We have already witnessed an eight year bull run in gold, but many believe that it’s bull run is far from over. What is gold’s role in the credit crisis? Is buying the metal a better investment than investing in gold mining companies? Is it too late to cash in on the growth?Before we can answer these questions, let us first review what role a gold investment might play in your portfolio. Investors buy gold for a number of reasons, including:
Falling under the precious metals asset class, gold is a monetary metal whose price is determined by various factors. Among these factors are: inflation, fluctuations in the dollar and U.S. stocks, currency-related crises, interest rate volatility, global geopolitical tensions and increases or decreases in the prices of other commodities.In the credit crunch of deflation, gold and currencies are hoarded and the purchasing power of both rises. But, gold also thrives in inflationary environments. That is because of gold’s unique property with a dual role as both money and a commodity. Think of gold as money, and money is hoarded in deflation so gold naturally tends to go up. The point here is that gold does well during extreme economic environments. Let’s dissect some of the benefits of owning gold in the paragraphs that follow.InflationAs inflation goes up, the price of gold goes up. Since the end of World War II, the five years in which U.S. Inflation was at its highest were 1946, 1974, 1975, 1979, and 1980. During those five years, the average real return on stocks, as measured by the Dow, was -12.33%; the average real return on gold was 130.4%. The environment in the 1970′s was not unlike the environment today. The common denominators in both periods are huge budget deficits, loose monetary policy, soaring oil prices (2008) and the open-ended costs of war (Vietnam vs. Iraq/Afghanistan).Store of ValueAccording to the World Gold Council, gold has maintained its value in terms of real purchasing power in the very long run in the US, Britain, France, Germany and Japan. Despite price fluctuations gold has consistently reverted to its historic purchasing power parity with other commodities and intermediate products. Gold is tangible, it’s a physical asset that brings a sense of comfort when intangible assets, like stocks, are evaporating. But, while they do maintain a store of value, it is worth noting that gold, like stocks and other investments, is also subject to price fluctuations.Safe HavenMany investors are diversifying away from traditional equities and into gold because of the continued uncertainty surrounding the financial markets. Gold has long been considered a safe haven, or “crisis commodity”. Of course, as investors flock to safety investors the price of gold is pushed even higher. Historically, as people begin to distrust their paper assets (ie. Currency), this positively influences the price of gold too, as we’ll discuss in the next paragraph. Currency HedgeNot all citizens have full faith in their local currency, at times, this might even include the U.S. Dollar. So, what do they do? They buy hard assets like gold (a tangible and physical item or object of worth). Although it’s no secret that U.S. Dollar is world’s reserve currency and the main medium for global trade, the U.S. Dollar, like the Euro, Yen or other global currency, is really nothing more than paper, or fiat money. Fiat money is money that is intrinsically useless and is used only as a medium of exchange. There is no physical asset that backs the U.S. Dollar today (or other global currencies for that matter) since its gold backing was stripped in 1971. But since gold is purchased using your local currency, in this case the dollar, then any decline in the value of the dollar causes the price of gold to rise.DiversificationWhile all the other rationales for owning gold are viable, perhaps the most important reason to consider gold in your portfolio is for its diversification benefits. Gold, like many other commodities, typically has an inverse relationship to the market. Assets with perfect negative correlation to other assets in a portfolio help investors hedge away their risks, in effect they reduce volatility while enhancing performance. Gold and other tangible assets have historically had a very low correlation to stocks and bonds. Because the price of gold increases in response to events that erode the value of traditional paper investments like stocks and bonds, it’s worth considering a fair allocation to this asset as part of a diversified plan. The “right” allocation will depend upon your specific circumstances and risk tolerance, but a good gauge might be between 3% to 8%.Owning GoldThe gold market is highly liquid and there are many ways that investors can own gold. The most traditional way of owning gold is via gold bullion like gold bars and coins. When buying the physical asset, many people buy gold coins, considering the potentially higher storage costs or risks associated with owning gold bars. Gold coins can be easily purchased directly from the U.S. Mint or from authorized dealers and precious metals firms. Depending on where you purchase the coins and the current demand levels, you may have to pay a premium (above the current spot price of gold) to acquire the coins. Another way to access gold is through futures contracts or products like gold ETF’s (ie. Ticker: GLD) which offer investors a relatively cost efficient and secure way to access the gold market. A Gold ETF is an exchange traded fund with gold being the principle and only commodity being traded. Gold ETFs are listed and traded on the stock exchange and investors get units for their holding in the gold ETF. The returns on gold ETFs are more or less same as that of the spot price of physical gold. It’s worth noting that the IRS treats gold as a collectible for long-term capital gains tax purposes, therefore, gains recognized by individuals from the sale of gold ETF’s are subject to a capital gains rate of 28% if held for more than a year. Finally, investors can also consider having gold exposure through gold mining stocks and funds. Some argue that this is more tax and cost effective, in that, there are no storage fees, theft concerns and gold mining stocks also benefit from lower capital gains rates. On the flip side, owning stocks in a mining company is really not the same as owning the actual gold. In closing, gold’s recent rise is really no surprise given the recent financial uncertainty in the global markets. As fear and investor trepidation permeate the markets, investors look to physical assets to help them preserve their wealth. Times of crisis help fuel the demand for gold and, arguably, the easy access allotted by gold funds or ETF’s has further pushed up gold’s price in recent years. To a certain extent, the demand for gold, mostly by investment funds, is feeding on itself.
While some analysts suggest that the price of gold is being inflated by a flood of new investment money (implying it might be overvalued), others predict even further price growth down the road. Either way, the argument can be made that gold offers sufficient benefits (inflation protection, currency hedge, portfolio diversifier) to warrant at least some representation in your collection of assets.
April 1st, 2010
posted in Gold Investment
For thousands of years Gold has been used as currency and been a highly prized precious metal.Gold has always been a favoured investment to hedge your portfolio against inflation. Gold prices in the international gold market can remain fairly stable through times of instability, recession and currency fluctuations.
The ways of investing in gold can be via purchasing physical gold bullion in the form of gold bars or gold rounds, minted gold coins. Gold shares in gold mining companies are also available and various types of gold funds or mutuals that are managed by professional investors.
Holding at least a small percentage of your stock portfolio in gold bullion is always a good idea. The relatively stable price of gold can help insure your investment portfolio against economic instability. Gold bullion prices may fluctuate over the years but gold investments are highly unlikely to get devalued and have performed well over recent years.
Gold coins have a legal tender face value in the countries currency that they were minted, and can be easier to dispose of if you need to liquidate your gold assets. Many types of gold bullion rounds or gold coins are available, such as American Eagles, Krugerrands, Sovereigns, Canadian Maples, Australian Gold Nuggets, Chinese Gold Pandas and many more. Gold bullion bars are available in many different sizes upto 400 ounce size. The 400 oz bullion gold bar is the London Good Delivery bar size. Good delivery bars must meet certain specifications, they must weigh between 350oz – 430oz and be of a minimum purity of 99.5% pure Gold. These London Good Delivery bullion bars are normally held by central banks and not usually held by smaller private investors.
Mining shares can be lucrative but their performance depends on the success of the mine and the general standing of the mining company you are investing in. Therefore mining stocks may not follow the general trend of the gold fix market, but can outperform the market if the mining company is particularly successful.
A precious metals gold managed fund can provide a more diverse gold stocks portfolio. The funds manger may invest in various precious metals and gold shares spreading any risk between a selection of stocks. Precious metals mutuals are available that also invest in other metals such as Silver, Platinum and Palladium as well as gold stocks.
The most cost effective way to invest in physical gold is to buy larger bullion bars. Gold bullion in bar form offers the lowest gold dealers percentage over the gold market price, depending on the bars size the dealers premium over fix can be as low as 2% – 5%. Compared to the premium on various gold coins of between 7% – 20% or more gold bullion bars appear much more attractive financially. Although the fact that gold bullion rounds or coins are much more liquid than bars may sway your decision to purchase bars. Gold coins can be disposed of on the open market fairly easily and quickly in comparison to large gold bars. Coins are also much easier for the smaller investor or private individual to obtain and to store. There is also the collectable and historical value that gold coins have against gold bullion bars.
March 31st, 2010
posted in Gold Investment
For thousands of years, men and women have held gold in high regard. We want more of it! And this is not down to greed, but rather the soundness of gold. Gold is a stable investment; the price does not fluctuate as drastically as oil or the stocks on the stock exchange. Before you go and buy your hundred grams of gold investment, consider these points.
Everyone wants a gold bar. It is the epitome of wealth, after all, you likely have a wealth strategy, and if you don’t then hopefully this will make you consider it. Usually investing in gold bullion comes after investing in high yielding savings accounts, stocks and bonds, and other investments, art possibly.
A good strategy is to have 1-5% of your wealth in the form of gold. As I stated earlier, gold is stable. A look at the price of gold does not show major differences. You will not see gold increase 30% in a day, and likewise, you will not see that kind of decrease, so this makes gold such a good investment strategy (to keep just on top of inflation).
Looking for a gold bullion bar will show you many sizes. From ounces to grams, right up to the kilograms if you really want to invest in gold bullion bars, you can. However, buying these amounts of gold in one piece can cause many problems in the long term.
Imagine for a moment, you invest in this gold bullion bar. Now, you have one big piece of gold. That is great! However, looking long term you likely want to pass that gold to your spouse, your children or even a charity when you leave this world. And what about if you really need to sell it to free up some cash in an emergency? The gold bullion bar will at some point in time be exchanged for cash.
Now, it is not as simple as buying the gold bar. Now, you also need to consider how you can convert the gold bar to cash. There are not that many places that will buy the gold bullion bar, and some of the places selling gold bullion bars may not be interested in buying your gold bar back.
This leaves you in a dilemma. One option is to cut the gold bar, but no one wants to do that! The gold bullion bar has stamps on it, which indicates its authenticity.
An overlooked option is gold bullion coins. Coins are small enough that there is no need to cut them to pieces! Also if you should need the cash, then you can sell some of the coins and keep the rest, thus preserving at least some of your original investment.
Gold bullion coins can also be more easily split up in your will. You can distribute some to each of your loved ones, and everyone is happy. Gold bullion coins are also more readily available, and as such more people are willing to buy them. You can even increase your holdings over time, by buying gold bullion coins every few months or once a year, and have a pouch of gold coins!
The price of the gold bullion coins does have its own problems. For example, they need to be kept in pristine condition. Obviously the benefit also is that well kept gold coins may actually be worth more than the base gold value.
March 30th, 2010
posted in Gold Investment
It is undeniable that gold has been viewed as one of the oldest and most valuable commodity in the world. It is universally understood that not only does it look good when made into precious articles of jewelry, the habit of investing in gold can also bring the investor untold riches because gold is one of the most stable material in the category of precious metals. The gold market has always been bullish and is steadier when compared to other investment means such as the stock market and the FOREX scene. Other commodities such platinum and palladium in the base metals category are not a preferred means of investment because they are too easily influenced by the state of the world economy. Gold is not affected easily because it is a universal currency recognized by every single bank across the globe.
Why buy gold?
Here are three solid reasons why buying gold may be your best investment move ever:
Gold can protect you against the weakening currency
No matter which country you originate from, there is a chance that your country’s currency will suffer a downfall at a particular point of time. Gold, on the other hand, retains its true value and can help you protect your riches because it does not rely on the state of the country’s economic, whether it is on the up or downtrend. Take the US dollar for example. For years now, terrorism and political rife have caused the dollar to appear very unstable and perhaps, increasingly undesirable. When the US dollar continued its decline between the years 2003 and 2004, the value of gold continued to ascend.
Gold is your wealth insurance during wars, natural disasters and political unrest
If you have previously invested in the stock market or the FOREX market, you would realize that financial markets such as these are very easily affected by global happenings such as terrorism and war. The 9/11 calamity is a good example how financial markets can be at a standstill for extended periods of time and can cause billions of dollars of investment funds to be lost. Gold, on the other hand, will maintain its stability even when times are bad.
Gold provides excellent price appreciation and untold profits
After the infamous stock market bubble burst during the early turn of the millennium, many investors realized that they are better off putting their equity in something more stable and enriching to their investment portfolio. And unlike other financial markets, investors can invest in gold for better peace of mind as they need not worry about the consequences that come with inflation.
When NOT to buy gold
It is not sensible to buy gold when there is an uptrend. If it is suddenly deemed “trendy” to invest in gold due to widespread speculation, chances are gold prices will plummet very soon, leaving you devoid of your hard earned investment funds. Be wise and learn when is the right entry point when you want to grow a gold egg nest.
Does it pay to invest in gold jewelry?
The answer is in the negative. Investing in gold jewelry will not get you returns as lucrative as profits garnered from investing in gold bullion, bars or coins. This is because there are additional charges involved including processing cost if you want to liquidate your gold jewelry assets.
Gold investing hints
There are numerous ways to trade gold but one of the most idiot-proof ways is to let GoldSilverForecast.com do the job of providing gold forecast using their experience and expertise. GoldSilverForecast.com is well versed in the field of gold trade prediction and with the array of cutting programs offering free gold alert and free gold forecast, you will never be at the short end of the stick when it comes to gaining insight about the right entry point.
March 29th, 2010
posted in Gold Investment
The Bull and The Bear are continuing to bang heads. Wall Street and even Main Street USA, and I am sure even your street is in shambles. The banking system is melting before our eyes and is in total chaos. The bankers, all the smart players are demanding a bailout. They have ripped us off, lined their pockets and are smoking a big cigar bought with their fat wallets and they want help! The only bailout plan should be the bankers getting bailed out of jail for this mess, the mess that has almost crippled our economy and the mess that they have put us into. So as we sit around wondering what’s next, now we need to ask ourselves… Are there any safe places to put your money in this time of the weak Dollar, while all of the financial lenders go belly up, with the oil market a ticking time bomb, with wild fluctuations in the stock market? There is hope for that safe haven. You need to follow this advise, you need to act now, this is not a doom and gloom scare tactic, it is simple real life mathematics. We say park your cash in: gold. Yes Gold! Whether it is coins, bullions, or Kruggerands, gold has historically been a safe haven for your hard earned cash. That is not about to change any time soon, if ever.
The California Gold rush is a well documented example of how far back gold has been popular. In fact, we can go back thousands of years to trace the investment lineage of gold. Gold has historically and will continue to be a solid investment! Think about this, gold is an item you can hold in your hand, that alone is a main reason why it is so valuable. It is an item you can hold, wear around your neck or store in a safe. It’s not an abstract number in a computer bank that rises or lowers by market movers who have no clue. It’s not spat out by a magic money tree in the basement the Federal Reserve. It is produced by mother earth and all her wonderful resources. Gold, to this day has to be mined by gold miners and separated from the earth. Gold is virtually impossible to become worthless, along with silver it is what all paper and minted money is supposed to be backed by in all countries around the globe. Everywhere you can think of, world economies depend on the price of gold, and more importantly the economies need the value of it to be maintained in a positive manner.
The history of our economy has always been whenever derivative money such as the Dollar have shown times of volatility, causing stocks and bonds to go on a wild ride, that is when most seasoned and wise investors have turned to gold and precious metals as a place to not only invest but to protect their hard earned precious wealth. Way back when gold was first discovered, gold has always been the rock upon which all currency and wealth is built upon. Stocks, bonds, oil, pork bellies, orange juice futures and other commodities, can collapse any day, gold will never collapse. The original money known to mankind is, that’s right gold. You can wake up one morning, or return from work one day and in an instant The Dollar can become worthless on the FOREX, but gold will never lose any of its value. If the Dollar were to become worthless, then investors would be pushing up the value of gold, driving the price to historic levels, and investing much more of their money in it! That will be an all time Gold Rush, and your pockets will be lined with golden dollar signs.
Now, I do not want to get your hopes up, in fact the Dollar going to zero is not a realistic scenario. But now that we have your attention we are just exaggerating to make a point–a very realistic point that gold as an investment really has some true merit. Gold coins and gold bullion have been magnificent investments for a long period of time. We do not see this changing and the more troubled times that occur in the speculative stocks and bond markets, thanks to a few greedy people, the better gold coins and bullion become as investment vessels. Gold will always remain a smart investment choice, perhaps one of the few, safe outstanding plays for a college fund. If college is still greater than 15 years out, then a play on gold, may in fact be a safe haven for a few of those “golden” eggs. In other words get into gold when your child is born and just tuck it away for the first college day.
Now, let’s look at what may not be fun to review, but is probably a good time to discuss the facts, and that is a few hard economic realities. First things first, the value of gold and the other precious metals, always reflects global inflation. Inflation is caused by the increased circulation of derivative or fiat monies. Inflation, even if it were to slow down now (very, very unlikely), is a hard reality of modern economics; thus, the value of gold will continue to rise. All the precious metals will continue to see an increase over the next decade and beyond.
For another thing, does it seem to you that geopolitical uncertainties are going do just vanish anytime soon? Yea, OK! There are way too many world leaders that have an agenda that is self centered and dangerous. Turmoil amongst world leaders is only going to worsen over the next few years. The world, especially some of its world leaders is crazy with greed. There are more than enough of crazy “leaders” in the world, plenty of people who will kill you for their fanatical cause, will keep the price of gold at all time highs. As the planet generally grows wealthier, while on the one hand that gives more opportunities for more people to do well, it also provides more opportunities for people to do wicked things. World financial markets, regardless of the country do not like the risk with this political chaos. These are threats to world economies and to the wealth of these world leaders. And yet, the smart and wise investors continue, year after year to profit from this kind of risk. And they know that perhaps the very best way to profit from risk is investing in gold and other precious metals. When markets grow more destabilized, which seems to be happening most of the time, the price of gold and precious metals goes up, because people around the world value it more.
There is always risk to the stocks and bond market anyway. No different than betting on some sports action in Vegas or a long shot at the races, the larger the risk or odds, the greater the return Smart investors and wise gamblers know that greater risk taking, if done right, leads to greater profits and earnings. But, those bigger profits are also less certain profits. Yet with gold, the riskiness has a very strong and historically proven tendency to drive up the value of the precious metal. So it can be said that with gold investments, greater risk basically GUARANTEES greater profits!
Remember, whenever the markets experience some turmoil, people start placing their money into more solid things. People want to be able to sleep comfortably at night; they need the comfort that their nest eggs are protected. They want less speculation, less derivation, and more concrete stuff. When stocks and mutual funds are reeling, gold coins and gold bullion are rising. For they are the stuff and the foundation that economies are made of and provide the true value that investors seek. Beginning today you should start building your core foundation of gold coins and gold bullion investments. For more information please visit us at http://www.investyourmoney2.com
March 28th, 2010
posted in Gold Investment
Krugerrands are, without question, an excellent coin investment. These coins are specifically designed to be invested in; made of gold bullion the Krugerrand is a safer type of investment simply because the price of gold withstands the test of time. Stocks and other forms of investments can be tremendously and sometimes frighteningly volatile, but the values associated with these coins do not demonstrate such volatility. Krugerrands are special coins which consist of twenty-two karats of gold aptly mixed with copper in order to lend supreme durability to the coins. If the coins were crafted out of twenty-four karat gold, a far softer metal, these coins would become damaged quickly and rendered at a far lesser value than if they are undamaged. Thus, the durable quality of these coins makes them a worthwhile investment for the coin collector or investor. Many coin collectors like investing in the uncirculated coins because they are considerably higher in value when compared to Krugerrands that have been circulated. Proof versions of the coin are also tremendously well-liked. All of the latter types of coins can be shopped for and purchased via Internet buying methods too. Now, the coin collector no longer has to go to physical coin auctions and from one coin dealer to the next to get Krugerrands. This means that more coins are accessible and the competitive pricing for Krugerrands makes the coins more affordable than before. Krugerrands can be bought securely from online auctioneers and some auctioning sites present buyer protections too. This means that the coin collector or investor can rest assured in knowing that if the Krugerrands purchased via Internet pursuits are not authentic, that he or she has financial protections in place. Such protections are not necessarily in place when a coin collector buys Krugerrands from a dealer at a physical location or a private seller offering Krugerrands via classified ads and other forms of advertising. Krugerrands are the best gold investment; they give the coin collector or investor tangible gold products that are set to increase in terms of value in the future. The simplicity of purchase and the ability to shop around for high quality coins also make these coins a wise investment. Finally, the sheer durability of these coins assures the collector or investor that he or she will have little difficulty finding the coins that he or she seeks in good to excellent condition. To learn more about Krugerrands, I recommend you checking out Gold Krugerrands. It is a specialized Gold Krugerrands coin for Sale site, offering a great selection of Krugerrand Gold Coins for sale. This website makes finding your dream Krugerrand gold coins a million times easier. Be sure to try this website before you buy.
March 27th, 2010
posted in Gold Investment
Gold’s value dates back to ancient times. Gold has a history of fascination, obsession and even tall tales. Gold has shaped human history through its assigned value dating as far back as the Egyptians. Even today gold is still considered a standard for monetary exchange in many countries.
Gold still has a sense of mystery. But to find gold, it isn’t necessary to scavenge the bottom of the ocean or ‘head west’. Although there is gold found in ‘them there hills’, the easier way to invest in gold is by buying it. There are different formats you can choose from to invest in gold. You may choose one or all of them – and remember all gold investment, like any investment is a risk.
So what are your choices?
1. Gold bars or coins: Do you like holding your own gold? Buying gold bars is cost effective and a specialist or gold dealer will give you a good purchase price for a bar. In some countries you can easily buy gold bars over the counter and they come in 12.5 kg or 1kg size.
Coins are also a popular way to invest in gold as they are easy to buy and sell. Gold bullion coins are priced according to their weight. The most popular bullion gold coins are the South African Krugerrand, the Canadian Gold Maple Leaf, the American Gold Eagle and American Gold Buffalo. Each of these coins are exactly one troy ounce each. BullionDirect.com’s Nucleo Exchange makes it easy to buy and sell gold and night. The exchange handles the entire transaction process including the trading, authentication, storage, insurance, order fulfillment and distribution of products.
2. Gold Certificates: A certificate of ownership can be held by gold investors. Having a certificate allows you to buy and sell gold securities without having to store the actual gold.
3. Accounts: Gold accounts or statements are obligations of the issuing institute to deliver upon demand a stated quantity of gold. Gold accounts are typically backed through unallocated allocated gold storage. Different accounts have varying levels of intermediation between the client and their gold.
4. Gold Stocks: Gold exchange-traded funds or GETF’s are traded like shares. A small commission is charged for trading gold stock. The upside is gold stock represents a way to avoid the sales tax that would apply to physical gold coins or bars.
5. Gold Mining Shares: Here you aren’t investing in the gold directly but in the mining companies searching for the gold. The appreciation potential of a gold share is depending upon the future price of gold. Do your homework though; many mining firms sell their future production years in advance. With gold mutual funds your risk is more diversified. Some funds offer a broad mix of international mining stock.
March 26th, 2010
posted in Gold Investment
The price of gold itself is up over 50% from its lows in 1999. Graded gold coins are up 70% in the last three years. Futures and options on gold have soared. Who knows how many thousands of percent you’d have made by investing in gold?
There are many major factors that make gold a great investment right now. Gold coin sale is still cheap, while stocks are expensive. In January of 1980, both the Dow Industrials and the price of gold were at the same level: 800. Now, nearly 24 years later, the Dow is near 10,000, while gold is less than half its January 1980 value. There are some great opportunities in gold stocks.
Governments will make our money worth less to pay off their record debts. Governments can print money to pay off their debts. But they can’t create gold. The supply of paper money can be infinite. But the supply of gold is extremely limited (they say that the entire gold production in the history of the world could fit on the basketball court.
Gold should do well in extreme bear markets. Silver more than doubled in value from 1932 to 1936 during the Great Depression (the price of gold was fixed by the government). The next long bear market was 1968-1980. Silver rose from around $2 in 1968 to a peak near $50 in 1980.
Gold stock will rise during inflation… and during deflation. Investing in gold is good inflation protection… gold rises as the value of the dollar falls. As the government lowers interest rates significantly and wildly prints money (creating inflation) to offset that deflation… leading to substantially higher gold prices. This is where we are now, and gold has done what it’s supposed to do.
When you buy gold coins, you lower risk in your investment portfolio. In the past, gold has tended to do the opposite of stocks…it skyrocketed in the 1970s, when stocks did horribly. Then in the 1980s and 1990s, when stocks soared, gold lost over half its value. Now in the new millennium gold has soared while stocks are still below their year 2000 highs I consider these to be the best opportunity right now. While gold stocks are up nearly 500%, investment grade gold coin investment (those that carry a grading of Mint State (MS) 63 or higher from the grading agencies PCGS or NGC) are ‘only’ up 70%. These coins peaked in value in 1989. They subsequently fell by 85%, bottoming in 2001. There is still 100% upside on the table here, and your downside is limited (since you’re close to meltdown value).
To own gold directly, you can buy common gold coins or small bars of gold. Common gold coins are known as ‘bullion’ coins. These include popular coins like Krugerrands or Canadian Maple Leafs, and they cost just a few dollars more than the current price of gold. These don’t have extraordinary upside or downside, they simply move with the price of gold.
Are you ready to invest in precious metals? Coins and bars bullions are the choice of any smart investor under the current financial circumstances of world economics. While the paper dollar is still devaluating, your gold investment will only increase in value.Reputable sellers online can provide direct access for your immediate investments in precious metals such as gold bars.
March 24th, 2010
posted in Gold Investment
Today, the price of gold is determined by how much is needed and how much it can be used by others. The supply of gold strengthens quite leisurely as additional gold is extracted from mines. Gold acts as a fortress against inflation. Presently, a single ounce gold coin is priced at about $780. If it seems to you that the dollar will continue to lessen in value, investing in gold may be just for you. An exchange-traded fund appears to be one of the easiest ways to invest. An exchange-trade fund, or ETF, can be used similar to a mutual fund that is available to trade as stock. An important benefit found from investing in gold by way of an ETF is that you don’t need to actually store the gold yourself. Owning gold is a risky venture, if done by yourself, as it can easily be lost or stolen. Furthermore, ETFs aren’t solely the only opportunity to invest in gold. Many find collecting gold coins and keeping them over time is another clear way to invest. Storing them in a safe environment is considerably important, such as a safety-deposit box. Another opportunity for gold investment is golf futures. Although this is another way to invest, it is also one of the most dangerous, since many people lose the money that they have invested. Though, there are a substantial amount of those who become quite rich. The profit would be gained from the current price in gold to the future price in gold. Over years, gold has proven to be a worthwhile, and often lucrative, investment. Anyone who is considering this investment should weigh all of its aspects.
For more information on investing in gold coins, visit http://www.goldcoins.asia.
For more information on gold medal, visit http://www.goldmedal.asia.
March 24th, 2010
posted in Gold Investment
When my grandfather passes away a few months ago, he left me his gold coin collection in his will. My grandfather and I had always spent many long Saturday afternoons looking at the collection as I grew up. I was surprised he left the collection to me. With the coins was a note that told me that although he enjoyed collecting coins, the gold coins were the best investment he ever made. He asked me to consider holding on to them for as long as I could and then I would have something to leave my children.
I was only 21 when he died and did not fully understand what gold investing was all about. When I took some of the coins to a dealer to see what they were worth, I should have realized then what I learned later. The dealer’s eyes nearly popped out of his head and he stammered that he was sure he could find a buyer for the coins. I told him I only wanted them appraised.
I went to another gold dealer that the first one had recommended because he didn’t do that type of thing with such a large collection. The second dealer wanted to hold the coins and said he would get back to me. I refused and told him he could take photos and examine the coins while I was waiting but I would not let them out of my possession. He agreed and set forth to determine the value.
After making copious notes, he told me I could take the coins and he would give me a call in a few days after he checked around. A few days later, I learned the collection could sell for about half a million to a million dollars depending on whether I broke the collection up. I was shocked that these gold assets were worth so much. I put them away and silently thanked my grandfather for his generosity.
March 20th, 2010
posted in Gold Investment
Gold has a dual personality. It is a “store of value” and it’s an industrial commodity used mainly in jewelry but also in dentistry and electronics. The industrial use of gold declines whenever the price rises. The gold price, at least in the short run, is a barometer of world anxiety. Bad news for humanity is good news for gold and the opposite holds true. An outbreak of peace and goodwill on this planet would cause a crash in the gold price. Aside from the flow of political anxiety, the major determinant of the gold price is inflation- more specifically, the extent to which inflation prompts a flight from paper money ( and investments such as bonds).
Gold performs the best when inflationary expectations are rising but interest rates are not yet in the stratosphere. Extremely high interest rates tend to depress gold because borrowing costs then become a deterrent to speculators who buy gold futures on margin. Moreover, gold, which produces no income, becomes less attractive to some investors when the yields on money-market securities are exceptionally high.
Since the inflation rate is strongly influenced by increases in energy costs, there exists a correlation between the price of golf and the cost or a barrel of oil.
The conventional wisdom is that most investors should consider putting 5 percent of their assets into gold and 15 percent or more when inflation looks particularly threatening. In addition to being a hedge against high inflation, gold investments usually hold up or rise in price when there is a big slump in the stock market; they are, in effect, a form of “disaster insurance.
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March 14th, 2010
posted in Gold Investment
Many new reports have publicized that the financial markets can go no lower. Crude oil prices are at an all time low, the housing slump and economic slowdown are over, and the future looks so bright, or is it? These reports recommend that now is the time to liquidate your gold bullion. But don’t be fooled, take off those rose-colored glasses, because now is definitely not the time to sell!
Before you decide to trade your gold for depreciating dollars, look at these important facts why you should be doing more gold investing. While retail sales have risen slightly, these sales include gasoline; which is selling well because the prices have dropped. Jobless claims continue to rise and many companies continue to announce new layoffs. Financial markets are still volatile. Even after the government has bailed out some of the largest banks, these same banks continue to need more money to operate.
The housing market has not yet reached bottom and people defaulting on their mortgages continues to rise. Inflation is going up and has risen more in the last six months than it has since 1991. The federal government will not raise interest rates to deal with inflation. The Fed has never raised rates while the country is in a recession. Tension is high all around the world. The gold price continues to drop as the global tension increases.
So what should you do? Think about this question. What has survived war, inflation, deflation, recessions, and depressions? That’s right, precious metals. What has not? Paper money has come and gone. Confederate money from the Civil War is no longer any good, but the gold that backed it still is. Gold is a long-term stable investment that history has shown to be the right choice for dealing with many types of crisis that are around right now. Throw away the rose-colored glasses and realize that the best recommendation is to NOT sell gold but to buy it!
March 13th, 2010
posted in Gold Investment
This is a matter of timing and now is the time to make money with gold. You should only invest when enough of the essential factors are lined up as they are right now. When not enough of the essential factors are there, gold is a lousy investment, as it was 22 years ago. Now that all the factors are lined up, they will remain that way for years. In all probability, during the first few years of this golden bull market, you will eventually make money in the metals, no matter when you bought them or how much you paid for them. Any investment in gold at almost any price will eventually pay off. Although the long-term prospects are terrific, the metals can be silent for years at a time like those nearly two decades between the end of the last bull market in 1980 and the beginning of the current one.After finally giving up on the metals in the 1980′s, we have watched gold go sideways and down for many years. As it was not the right time for the metals, we made our money in carefully selected stocks, bonds and real estate for more than two decades while keeping an eye out for today’s conditions.So what conditions are favorable to gold investment?Money-creation that is monetary inflation must be in an uptrend. That is the case right now, and has been for years, even during the 22-year metals bear market. So far, so bad, but alone, it is not enough to cause a gold bull market.The dollar is losing exchange value against foreign currencies. This is so essential that when the dollar entered its last decline it finally prompted me to turn more bullish as I was doing my investments in gold. Without a weakening dollar on the exchange markets, any moves in the metals will be temporary. Now we not only have that, but we have moved beyond it, into the next currency phase which is: the metals are rising against all currencies, which is immensely bullish.War or the prospect of war. The war on terror and the war in Iraq are beginning to meet this condition to quite an extent, although the battles have been contained mostly to the Middle East. War breaking out elsewhere in the world : a terrorist, biological or bacteriological attack, or Iranian fanaticism triggering a nuclear war – would meet this requirement. War is a wild card because it triggers inflation due to wartime spending and national and international fear. It is basically unpredictable.Not all of the conditions have to be met at the same time, but the first two conditions listed are essential.Fortunately, the timing is right, and even if the bull is not on his four legs, the decision when to invest in the metals is now evident and will be for some years. Just do it, and you’ll benefit from gold’s safety and security.
March 13th, 2010
posted in Gold Investment
If you have been looking for a way to enhance your gold investment, the US Government has authorized the creation of a new one-ounce $50 gold coin. The new gold bullion coin will be added to the list of gold bullion coins already being produced by the US Mint.
The new fine gold Indian Head Buffalo coin will be sold in a protective capsule to provide the maximum protection available for a .9999 fine gold coin. This capsule will be different from the protection provided for proof coins. Another change to the system is that the Indian Head Buffalo coin will be individually protected. Previous protection has been to put twenty coins in a tube and seal them.
The American Gold Eagle is currently the best selling gold bullion coin but the new Indian Head Buffalo coin is a purer coin. The Eagle is 22-karat and the Buffalo coin will be 24-karat. The Canadian Maple Leaf is currently the world’s best selling pure gold coin. The Mint is hoping to capture more of the pure gold market.
In 2001, the US Mint produced the Indian Head Buffalo $1 silver coin and it was very popular. The Mint hopes the new Buffalo fine gold coin will do as well. No limit has been placed on the production of the new Buffalo coin and the US Mint hopes it will become a choice of gold collectors around the world.
As gold prices continue to rise and more investors from China and other Asian countries continue to look for fine gold coins to invest in, fine gold looks to be a stable investment that no one should ignore. Gold coin investors are excited about the new issue and the US Mint is hopeful that it will be able to secure more of the foreign gold market share.
March 10th, 2010
posted in Gold Investment
Gold has been a solid and secure mean of investment for millennia. The power to purchase anything, anywhere in the world is an invaluable benefit of owning gold. It maintains its value through times of economic downturn, and is essentially wear-less over time when compared to other forms of currency (namely paper). Since the beginning of society gold has been a powerful trading tool that fascinates its holders. Majestic, innocent, and unique; Gold will forever be marked as a diverse investment.
Among the most reliable forms of gold investments are gold bars and gold bullions. These chunks of solid gold vary in size and purity, ranging from 10oz. .995 gold bullion bars to .9999 kilo bars. Refiners will mark their gold bars and bullion with levels of purity and weight. Also available are various coins usually in fractions of 1, 0.5, 0.25, and 0.1 Troy ounces. 31.104 grams is equivalent to one troy ounce.
When it comes time to sell your gold back into the market, it works just as any money market would. With prices willing to be paid actively marked on exchange charts that can be found with the click of a mouse. A pro of invest in gold is that it maintains near full value when being exchanged between governments or when it’s taken outside of the country it was issued.
Another logical option would be keeping your money in gold. An alternative to banking and a sound, secure way of doing it. Just as gold will always be in demand, so will your ability to cash in your stock. Since the trading price of gold varies, you can pick and choose the right time to sell gold. A benefit of this is the fact you don’t have to rely on businesses (banks) to store your wealth. A Con however, is safely storing your gold.
The price of gold as of today is about $950 U.S. dollars/Toz., a strong selling point for the precious metal.
March 9th, 2010
posted in Gold Investment
The financial crisis facing the world today continues to grow. More companies are going bankrupt, banks are failing, real estate values are dropping, and the government has to take over failing financial institutions. All of these events are beginning to concern the US government. The country’s ability to maintain national defense is being examined.
One natural resource that has maintained its value for thousands of years is gold. As the number of financial institutions that fail rises, people are investing in gold. Gold is a long-term investment that has proven reliable for a great number of years. The US Government is considering plans to begin stockpiling gold reserves to help stabilize the value of the dollar.
Secretary of the Treasury is concerned that the current economic crisis will rival the problems that the Great Depression caused. Congress has been warned that the crisis will not go away quickly without government intervention. Economists are warning this could be the worst financial crisis the world has ever known.
Consumers continue to lose faith in the financial markets and many are exploring other options such as putting their savings into gold assets. Investors are pulling their money in droves and looking for investments that have little or no risk. Treasuries and gold are two assets that have not been affected by the selling panic. Gold bullion and coins have increased in value for the last two years.
Defensive Assets are important to the country’s ability to maintain its defense. The US has increased the amount of precious metals that are being maintained for the Defensive Asset. Although it includes metals such as silver, platinum, and palladium, gold has outperformed the rest. The other metals prices are more tied to industrial productions.
The US Government is buying gold and this too will increase the value if gold. Gold investing is certainly a great idea for investing in these troubling economic times. The US plans to keep increasing the Defensive Assets to ensure the country can protect its shores.
March 6th, 2010
posted in Gold Investment
I had always been one to invest at least 25% of my income for the future. I had learned this lesson from my dad. During recent times, while many of my friends were complaining about how bad things were, I was doing okay. I had always made it a policy to hedge part of my investments with precious gold bullion.
I had begun to invest in gold when I was still in college after hearing how my grandfather had been able to provide for his family during the Great Depression. When paper money became as worthless as toilet paper, my grandfather was able to keep food on the table because of his gold investments. While even gold prices were affected, they were still high enough so that he could provide for the family until the depression ended.
I decided to do the same as my grandfather and father and kept money in gold for my family’s protection. I did not advertise that I was not in as bad a shape as most of my friends because I didn’t want them to get upset or think I was flaunting my financial choices. One friend in particular was about to lose his home and I decided to intervene.
I sold some of my gold and lent him the money to stop foreclosure on his home. When he asked me how I could help him, I explained what I had done by investing in gold. He was so thankful and he immediately began to do the same as I had. He purchased a small amount of gold and set aside money so he could continue to do so.
Today, he has more than paid me back and I am gratified to see that he is well on his way to becoming financially stable through his stable investment in gold.
March 4th, 2010
posted in Gold Investment
Why Gold? Why Now?The Case for Investing in Gold TodayNOW IS THE TIME to take your financial future back and keep it safely in your control, the only way to do this is by turning towards gold investment; find out where to buy gold coins.The careful investors of the world know that gold is the only way to stay safe during the difficult crashes because it lasts forever and is always hoarded carefully.If debt had a kryptonite analogue, it would be this great precious metal.Gold doesn’t canker or tarnish, and it’s relatively useless to industry. It’s been about 4,000 years since major gold mining has begun and almost of of it is unused for any major industrial purpose. Preserving wealth is the main purpose for this heavy material.The world’s total store of gold now stands near 160,000 tons. However, since it is so dense, if you melted all that down to a cube it would only span 66 feet on one of its edges. That wouldn’t even cover a ball court!Gold vs. Paper-Money InflationThe world stores are still increasing at a nice pace of 2600 tons/year. That’s a modest increase of 1.6% per year to the above-ground supply. The best part is that the bankers don’t control the amount of gold in this world like they control the value of currency.The carefully controlled Euro is inflating at a whopping rate of 11.5 percent every year.But our friend gold kept it’s buying power all throughout the Carter years. When Reaganomics took over, our little dense friend soared as an asset by increasing 23 times itself.The Great Depression saw gold remaining strong as a purchaser of financial assets.It does not need to be stated as to the condition of our currencies today. Gold has already risen three-fold against the New York stock market since early 2000. It outperforms real estate without even breaking a sweat.Time to Buy Gold?The old boy network’s game of currency has no effect on the metal. Check the stats folks, the real players stay safe with the yellow metal, not with currency.But that doesn’t make gold a “forever” investment. Gold will always lose value during stable periods of strong economic growth. You could hold your breath for that to occur.Before 9-11 and during the happy days of Clinton, gold was very cheap. During that time, you couldn’t get an investor worth his weight to advise their clients in gold.After the tech bubble burst, and Britain dumped its reserves, the prices started to climb.There does not seem to be a glass ceiling on this latest climb. Perspective shows that the current trends are only the beginning. It’s also been limited by Western governments persuading their citizens that “core” inflation in the cost of living is running at just 2% per year or below.The black hat markets of the banker cannot sustain blissful ignorance forever.New Investment in Gold.The smart analysts know that gold will continue to grow.The only way out of the Fed’s treachery, is to hyperinflate the currencies which will have this price driving effect on gold. Trends like these are only stopped when the bankers have choke collars put on them.The Fed raised interest rates in the 80′s which helped usher in that positive growth we once saw in the 90′s.Will that happen again? Anyone in the room think Ben Bernanke gives a crap what happens to our savings and our futures?People who live in such a dream world should not invest with the rest of us then.Stop believing that you can’t get into the gold market, it’s just as open to you as it is to the Rothschilds.You may be saying that you don’t know where to buy gold coins or bullion. Or maybe you know where to buy gold coins but don’t think anyone will use them as money.Click here to find out more about where to buy gold coins.
February 28th, 2010
posted in Gold Investment
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