Buy Gold-Buy Gold Bullion

TodaysFinancialNews asked:

http://www.todaysfinancialnews.com — Eric Roseman predicts gloom for the US economy and reveals why he thinks it is time to turn back to the old standby… gold. To watch the latest FREE TFN Hot Stock Pick of the Week video, please follow this link: http://www.todaysfinancialnews.com/videos/?channelID=15&showID=609

Juliana

The recent 25% correction in the price of gold per ounce has a lot of bullion investors wondering if the bull market in gold is over.

I’m going to provide you with a little bit of historical gold trivia that I hope will reassure you that the fundamental reasons for owning gold bullion, as a safe-haven investment, are still valid . . .

In March of this year, the price of gold per ounce hit an all-time high of $1,030.80.

On August 15th, gold hit a nine-month low of $773.

That is a correction of 25%!

In just one month alone – from July 15th to August 19th – gold has fallen 20%.

Now, that is just downright scary! I know there is a lot of gold bullion investors out there that are probably wondering if the gold bull market is over. At this point, you’re probably fed up and are thinking seriously of dumping whatever hard assets you have.

I want you to take a deep breath. Just relax. And keep reading.

It may be comforting to know that the last great gold bull market of the 1970′s was also interrupted by similar corrections.

1. In November of 1978, gold had a 20% correction.

2. In October 1979, gold lost 13% in four days!

3. Gold had a horrendous correction in 1975, falling 50% from $200 per ounce to $100 in 1976.

At that time, everyone proclaimed that the bull market in gold was over. As gold investors well know, the price of gold continued its climb over the course of the next few years, not stopping until it hit $850 in 1980.

Okay, I know what you are thinking.

That was then. This is now.

Ah, but even in the current bull market, gold has had corrections similar to what we are experiencing now.

1. In the summer of 2006, gold fell 21%.

2. But by the end of 2007, gold had risen 45%.

The point I’m trying to make is that corrections, painful as they are, are normal in bull markets.

Now that we’ve taken a hard look at the statistics, we need to determine if the fundamentals for buying gold bullion are still intact.

Let’s go back to March when gold had climbed over $1000 an ounce.

You were pretty excited, huh?

Now, ask yourself: what was causing the price of gold to rise?

1. Inflation was on the rise

2. The dollar had long-term problems

3. Banks were failing

4. Mortgage lenders were facing insolvency

5. Housing prices were falling

6. The economy was on the brink of recession

7. Oil faced a long-term supply shortage

Okay, now ask yourself: have any of the 7 elements listed above changed? Think about it. If the gold bull market were over, we would have:

1. Low inflation

2. Healthy banks

3. Stable housing prices

4. A new, major oil discovery

5. Increasing job creation

6. A falling unemployment rate

7. A fiscally responsible government

8. A strong dollar due to a balanced budget and a shrinking deficit

I don’t see any of the above happening anytime soon. Do you?

In conclusion, I would say it is safe to assume that the fundamental reasons for owning gold bullion, as a safe-haven investment, are still valid. I would further venture to say that gold – at $800 per ounce – is the buying opportunity of a lifetime!



By: Christina Goldman

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Santina Dorl

LookBetter4Ever asked:

Peter Schiff always tells it how it is and thats absolutely RIGHT! Peter knows what hes talking about! Everyone of you watching this video will learn alot if you listen to Peter Schiff, buy his books, google him, and learn! Buy gold and Silver, buy guns and ammo, buy canned food and water, for this upcoming depression! Subscribe to my channel and add me on http://www.myspace.com/knarfxii FAIRUSE NOTICE: We are making this material available in our efforts to advance understanding of …

Xavier Valentine

thewholeeight asked:


I am wondering about where I would go to buy ‘raw’ gold. I would say bars? but I’m not sure exactly how it comes.

Anybody know?

Lemuel Sangha

james T asked:


All these gold people talking about the collapse of America, why do they think america will collpase by december of 2008?

Johnny Bonvillain

Tyler Y asked:


Before the update, I have bought runescape gold multiple times and have received the gold every time i bought it. I want to know if you can still buy gold, and how the gold gets to you now. I’ve heard people talking in-game about how they can still do it somehow, but they didn’t go into specifics because they said they’d get banned if they told us. I just need to know how you get the gold in-game. Thanks.

Abraham Ennis

Mario C asked:


I would like to know how to safely buy this metal on the Web.

Boyce Rodrguez

davincij15 asked:

Where to buy gold and silver Most trusted places are… www.apmex.com www.allamericangold.com Other recommended shops (I have not purchased from) http://www.cmi-gold-silver.com/ www.amergold.com www.blanchardonline.com www.kitco.com http://www.seekbullion.com/ http://www.silverstampede.com/index.php Video about the banksters buying gold and silver http://www.youtube.com/watch?v=Qtk2pNGNaEU I forgot to mention this other video on how to produce your own silver from old jewelry bar http://www …

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