Archive for the ‘Finance’ Category
March 1st, 2009 | 
Author: 
say to you, there is no difference between a $100 Dollar bill and a $1 Dollar bill except the way the ink is printed on them. It cost exactly the same amount of money to print each of them. Ultimately they are practically worthless in what they are physically. If you however take a $.50 piece from the year 1880 which was made from 90% silver, that had value in and of itself. The Dollar had twice as much silver in it as the $.50 and so twice as much worth. It was the silver that gave it its value.
Can you see what I am saying? No? Well, today, one of those $.50 cent coins that have 90% silver content are worth $5.00. How can that be? I hear you say. Well, they hold there value and always will, inflation will make sure of that. As the Dollar gets less and less, silver & gold will rise and rise. If you buy it now, you can be sure it will rise within in a few years time and keep on gong for years to come.
In 1964, three silver dimes would buy you a gallon of gas; gas cost roughly $.27 cents. Those silver dimes today are worth a $1.25 each; those three silver dimes would nearly buy you a gallon of gas plus about $.25 cents in today’s Dollar value. That’s three dimes from 1964.
So what is happening is this, the price of gas hasn’t gone up, it’s the value of the paper Dollar that is going down. Inflation is causing deflation to the paper Dollar. Why? Everytime the government creates more money using their own money tree called the Federal Reserve (see, money does grow on trees), it takes your Dollar down in value a small percentage. Overtime this all adds up.
Its like this, if you have 10oz of gold and 100oz of gold exists in the whole known world, well then you own 10% of the worlds gold. Let us say that 10% gold you have is worth $100.00 and that is the world recognised value for 10oz of gold. Now let us say a huge amount of gold was discovered equalling to the same amount already in existence. That influx of that gold would slash your 10oz value in half. The more you have of something, the less worth it becomes. There is only so much gold in the world that has been found, this is why it is called a precious metal. In fact, such a small amount of gold is in known existence that you could fill a space of 20x20x20 yards when its all melted together into a cube.
This is exactly what is happening to your Dollar. Whenever thet government needs to pay off debt, it goes to the Federal Reserve, with its licence to make money out of thin air, swamping the economy with more and more money and inevitably devaluing yours. Only 5% of the money created is in physical paper money, the rest is in digital format. It could not be any easier, clicking a few buttons actualizes millions, if not, billions of Dollars.
It is an unsustainable method to create money whenever we feel like it. Eventually the Dollar will go to zero; it is on an uncontrollable inflation course straight into the ground. To protect yourself I will tell you this, go and buy gold and silver bullion. You don’t have to buy gold in coins or bars and have to store in some personal private safe. You can buy gold today online over the internet from reputable companies that will store it for you safely. Know this for sure also, that gold cannot be created out of thin air like the paper money we use today, the value holds through times of uncertainty and will rise in value as the years go by.
Why settle for paper when you can have gold.
By: Gavin Conway
About the Author:
Can you see what I am saying? No? Well, today, one of those $.50 cent coins that have 90% silver content are worth $5.00. How can that be? I hear you say. Well, they hold there value and always will, inflation will make sure of that. As the Dollar gets less and less, silver & gold will rise and rise. If you buy it now, you can be sure it will rise within in a few years time and keep on gong for years to come.
In 1964, three silver dimes would buy you a gallon of gas; gas cost roughly $.27 cents. Those silver dimes today are worth a $1.25 each; those three silver dimes would nearly buy you a gallon of gas plus about $.25 cents in today’s Dollar value. That’s three dimes from 1964.
So what is happening is this, the price of gas hasn’t gone up, it’s the value of the paper Dollar that is going down. Inflation is causing deflation to the paper Dollar. Why? Everytime the government creates more money using their own money tree called the Federal Reserve (see, money does grow on trees), it takes your Dollar down in value a small percentage. Overtime this all adds up.
Its like this, if you have 10oz of gold and 100oz of gold exists in the whole known world, well then you own 10% of the worlds gold. Let us say that 10% gold you have is worth $100.00 and that is the world recognised value for 10oz of gold. Now let us say a huge amount of gold was discovered equalling to the same amount already in existence. That influx of that gold would slash your 10oz value in half. The more you have of something, the less worth it becomes. There is only so much gold in the world that has been found, this is why it is called a precious metal. In fact, such a small amount of gold is in known existence that you could fill a space of 20x20x20 yards when its all melted together into a cube.
This is exactly what is happening to your Dollar. Whenever thet government needs to pay off debt, it goes to the Federal Reserve, with its licence to make money out of thin air, swamping the economy with more and more money and inevitably devaluing yours. Only 5% of the money created is in physical paper money, the rest is in digital format. It could not be any easier, clicking a few buttons actualizes millions, if not, billions of Dollars.
It is an unsustainable method to create money whenever we feel like it. Eventually the Dollar will go to zero; it is on an uncontrollable inflation course straight into the ground. To protect yourself I will tell you this, go and buy gold and silver bullion. You don’t have to buy gold in coins or bars and have to store in some personal private safe. You can buy gold today online over the internet from reputable companies that will store it for you safely. Know this for sure also, that gold cannot be created out of thin air like the paper money we use today, the value holds through times of uncertainty and will rise in value as the years go by.
Why settle for paper when you can have gold.
By: Gavin Conway
About the Author:
In a effort to inform people of the impending Dollar disaster, I am writing this article and more. Visit my website to find out where to buy gold online at http://www.wheretobuy-gold.com and veiw my blog where I will update it often with new the new articles I write at http://howtobuy-gold.blogspot.com
Thank you for your time in reading this article.
Dorethea Weisenburger
“Deficit spending is simply a scheme for the ‘hidden’ confiscation of wealth. Gold stands in the way of this insidious process. It stands as a protector of property rights.” This quote is by none other then the man that was in control of the Fed for years under various Presidents of the United States: Alan Greenspan!!!!! Have you asked yourself some important questions lately? Like; Are we going into Depression really? Why is the Government so intent on printing money like there is no tomorrow? How is it that the Countries of the G20, are following our lead with the decisions the Fed and the Treasury is making with your money? Are we bailing out international banks with our money on bad bets they made here in the US? Do you trust Wall Street and the fat cats that got bailed out first before you did? Are you ready to turn the page on the governments plan to leave you broke while they continue to pander to the lobbyist in Washington?
Dear concerned citizens, our Government and Economy are on the brink of a serious political and economic shift and you need to be aware of these trends as they happen. There are serious issues regarding a falling dollar, hyperinflation, rampant unemployment, destruction of the middle class, Bogus Wall street statistics, Ponzi schemes left and right, destruction of our trust in Government and the Investment class, that have led me create this group to discuss solutions that might help soften the blow when all these events lead to one of the great transfers of wealth of our time. Joining Gold Trends Magazine will give you a forum to discuss your worries post your articles and gather insights into to trading not just Gold but precious metals in general. Ask yourself when 911 transpired, why was the Government so concerned with you continuing to spend money and maintain life as normal? The answer is simple; the entire economy is one huge elaborate Ponzi scheme that the players at the top need to keep going or be found out. In fact the whole World economy is a massive Ponzi scheme, with the architects of the scheme at the top and you in the middle or at the bottom. Let’s look at the Bernie Madoff scandal and what he was able to accomplish in today’s economy. He ran a 50 billion dollar Ponzi scheme single handed (I think not) for more than 10 years which was paying quite nicely so long as he continued to get new investors to believe his unbelievable returns were real. Like the stock market, so long as there are new buyers for stocks rich people and corporations can keep producing underpaying contributions back to the investors. For so long as no one wanted there money back everything was perfect and investors could keep eating fillet mignon as long as you kept eating Spam. The minute good old Bernie couldn’t get his investors redemptions paid the scheme fell apart. Sound familiar??? Why does the government have to print trillions of dollars to keep the economy afloat now? The Government has taken the place of the investor, or consumer. The answer is clear, the money is not there, it is all credit and now the country is falling apart and the crazy thing is the Government keeps creating distractions for us so that we don’t see the truth, the country (meaning the Government) is broke. Ask yourself another question, if this is a Democracy and everyone told their congressman not to vote for the Tarp bailout for Wall Street, then why did they do it anyway? It’s because this is a Republic, and if the Government doesn’t deem you intelligent enough to make a good decision they can go against what you tell them to do anyway. This is another long discussion. Many people like you are forming communities of concern and social outreach to discuss these issues, Gold Trends Magazine is an attempt to make some sense out of these ideas and to separate fact from fiction so your decisions of how to protect your wealth with be the right ones. Please read the following;
“You always have to ask the question why is it that central banks hold so much gold which earns them no interest and which costs them money to store. The answer is obvious: they consider it of significant value, and indeed they consider it the ultimate means of payment, one which does not require any form of endorsement.” “Deficit spending is simply a scheme for the ‘hidden’ confiscation of wealth. Gold stands in the way of this insidious process. It stands as a protector of property rights.” By none other then the man that in control of the Fed for years under various Presidents of the United States: Alan Greenspan!!!!! So why don’t we hear good things about gold in the media like we hear from Alan Greenspan? Is it an effort to hide or cover up or withhold this information from us? The government has other motives? Why did the Caesars’ give bread to the people during the games at the Coliseum? It is called Crowd control my friends!!! Is there a reason they don’t want us to own gold? A possible answer to that question came from Thomas Jefferson, who years ago said, “If you can control the currency of a nation you can control its people.” Listen to the attitude of Baron Nathan Mayer de Rothschild. In a quote from a book The Secrets of the Federal Reserve, by Eustace Mullins, Chapter 5, The House of Rothschild, he says “I care not what puppet is placed upon the throne of England to rule the Empire on which the sun never sets. The man that controls Britain’s money supply controls the British Empire, and I control the British money supply.” The big money people in this country who run the country behind the scenes know that gold is the world’s only money. And if they can keep the common people out of gold then they can control them during economic crises.
So with the Ponzi scheme all set up and the powers that be running the show, do we fight it or play the game? While all the brokers are telling you to buy stocks and that they are cheap, and while more and more baby boomers are trying to make back their life savings from this current crash, there are going to be a lot of people making real money in the Gold Market and Hard Assets such as commodities. Analyst are saying Gold could rise to as much as $3,000 and ounce if not much higher with today’s prices hovering around 800 to 900 dollar. That is a huge increase and a perfect hedge against the coming economic disaster you are probably not ready to absorb. Take back control of your money, join the Gold Trends Magazine Newsletter, learn how to buy Gold, get daily fundamental reports, learn how to store and keep it safe, and keep from getting ripped off more then you already have. When written in Chinese, the word “crisis” is composed of two characters-one represents danger, and the other represents opportunity.” Join Gold Trends Magazine today!
By: Luis Ovalle
About the Author:
Dear concerned citizens, our Government and Economy are on the brink of a serious political and economic shift and you need to be aware of these trends as they happen. There are serious issues regarding a falling dollar, hyperinflation, rampant unemployment, destruction of the middle class, Bogus Wall street statistics, Ponzi schemes left and right, destruction of our trust in Government and the Investment class, that have led me create this group to discuss solutions that might help soften the blow when all these events lead to one of the great transfers of wealth of our time. Joining Gold Trends Magazine will give you a forum to discuss your worries post your articles and gather insights into to trading not just Gold but precious metals in general. Ask yourself when 911 transpired, why was the Government so concerned with you continuing to spend money and maintain life as normal? The answer is simple; the entire economy is one huge elaborate Ponzi scheme that the players at the top need to keep going or be found out. In fact the whole World economy is a massive Ponzi scheme, with the architects of the scheme at the top and you in the middle or at the bottom. Let’s look at the Bernie Madoff scandal and what he was able to accomplish in today’s economy. He ran a 50 billion dollar Ponzi scheme single handed (I think not) for more than 10 years which was paying quite nicely so long as he continued to get new investors to believe his unbelievable returns were real. Like the stock market, so long as there are new buyers for stocks rich people and corporations can keep producing underpaying contributions back to the investors. For so long as no one wanted there money back everything was perfect and investors could keep eating fillet mignon as long as you kept eating Spam. The minute good old Bernie couldn’t get his investors redemptions paid the scheme fell apart. Sound familiar??? Why does the government have to print trillions of dollars to keep the economy afloat now? The Government has taken the place of the investor, or consumer. The answer is clear, the money is not there, it is all credit and now the country is falling apart and the crazy thing is the Government keeps creating distractions for us so that we don’t see the truth, the country (meaning the Government) is broke. Ask yourself another question, if this is a Democracy and everyone told their congressman not to vote for the Tarp bailout for Wall Street, then why did they do it anyway? It’s because this is a Republic, and if the Government doesn’t deem you intelligent enough to make a good decision they can go against what you tell them to do anyway. This is another long discussion. Many people like you are forming communities of concern and social outreach to discuss these issues, Gold Trends Magazine is an attempt to make some sense out of these ideas and to separate fact from fiction so your decisions of how to protect your wealth with be the right ones. Please read the following;
“You always have to ask the question why is it that central banks hold so much gold which earns them no interest and which costs them money to store. The answer is obvious: they consider it of significant value, and indeed they consider it the ultimate means of payment, one which does not require any form of endorsement.” “Deficit spending is simply a scheme for the ‘hidden’ confiscation of wealth. Gold stands in the way of this insidious process. It stands as a protector of property rights.” By none other then the man that in control of the Fed for years under various Presidents of the United States: Alan Greenspan!!!!! So why don’t we hear good things about gold in the media like we hear from Alan Greenspan? Is it an effort to hide or cover up or withhold this information from us? The government has other motives? Why did the Caesars’ give bread to the people during the games at the Coliseum? It is called Crowd control my friends!!! Is there a reason they don’t want us to own gold? A possible answer to that question came from Thomas Jefferson, who years ago said, “If you can control the currency of a nation you can control its people.” Listen to the attitude of Baron Nathan Mayer de Rothschild. In a quote from a book The Secrets of the Federal Reserve, by Eustace Mullins, Chapter 5, The House of Rothschild, he says “I care not what puppet is placed upon the throne of England to rule the Empire on which the sun never sets. The man that controls Britain’s money supply controls the British Empire, and I control the British money supply.” The big money people in this country who run the country behind the scenes know that gold is the world’s only money. And if they can keep the common people out of gold then they can control them during economic crises.
So with the Ponzi scheme all set up and the powers that be running the show, do we fight it or play the game? While all the brokers are telling you to buy stocks and that they are cheap, and while more and more baby boomers are trying to make back their life savings from this current crash, there are going to be a lot of people making real money in the Gold Market and Hard Assets such as commodities. Analyst are saying Gold could rise to as much as $3,000 and ounce if not much higher with today’s prices hovering around 800 to 900 dollar. That is a huge increase and a perfect hedge against the coming economic disaster you are probably not ready to absorb. Take back control of your money, join the Gold Trends Magazine Newsletter, learn how to buy Gold, get daily fundamental reports, learn how to store and keep it safe, and keep from getting ripped off more then you already have. When written in Chinese, the word “crisis” is composed of two characters-one represents danger, and the other represents opportunity.” Join Gold Trends Magazine today!
By: Luis Ovalle
About the Author:
Written by Louis Ovalle Director of Gold Trends Magazine and Gold Trends Bullion Exchange info.gtbe@gmail.com 800-996-7345 http://www.goldtrendsmagazine.com
Kerry Henrikson
Posted in Finance | 
Tags: Gold Metals, Investment Class, Presidents Of The United States | 
No Comments »
Ways to own Gold
Should I own Gold coins or bars? Coins can be tricky if you engage in the numismatic coin trade which has less to do with the buying, holding, and trading the commodity, and more to do with the rarity of the coins. My opinion is if you can get a vintage coin close to the spot price of Gold then fine, but if not, then you need to remember that you are buying a coin filled with commissions paid to the broker. Remember you are buying precious metals because you feel the dollar’s value is diminishing and you are looking for a hedge against inflation. So don’t detract from your goals when looking at metals as an investment. Now as far as regular bullion coins and bars, I don’t feel there is any difference to be honest, at the end of the day Gold is Gold right? The only leverage legal tender coins can give you is that there is a market for particular coins and some people have a preference as to what type of coins they own as opposed to bars or generic Gold coins. Personally, I feel that if Gold goes to the levels authors such as James Turk says Gold is going to, then I don’t feel that anyone will be turning your gold away. Now there are large institutions that will sell you Gold Such as Monex, Gold Line, Merit Financial, and North West Territorial Mint. The only issues I can find with these larger institutions is there lack of ability to negotiate a fair price with there customers, and then when times get really busy they are not prepared to handle large scale volume. Such complaints have been posted as in the website monexfraud.com. Although I have never know Monex to commit fraud personally, there is a sense that they post there ads to get you in the door to buy Gold and then bait and switch you into their Atlas Trading account which uses leverage as a means to over obligate the consumer into paying interest on an over leveraged account. This was not the intention of the buyer in the first place which is why I don’t like their method of advertising. Now my feeling is that if you want to trade the commodities there are other tools to use other than a leveraged account (which is not bad if that is what you want to do), but the issue is weather or not everyone getting into the Monex Atlas accounts really know what they are getting into. If you want to trade, then trade, but if you just want to buy and hold then that should be your game. Now concerning the other dealers I mentioned, they are fine I suppose, but try getting through to Northwest Territorial Mint when it is really busy, or call Gold line without having them try to sell you rare coins instead of bullion! Remember your spreads and the commissions you pay. Now there are other ways that people buy Gold such as by using Exchange Traded Funds Gold can carry concerns about authenticity and purity, as well as storage and insurance costs. But you can shed those worries and still own a chunk of gold by investing in exchange-traded funds that make buying and selling gold bullion as easy as buying and selling stocks.
The share price of street TRACKS Gold Shares roughly tracks the price of gold and represents an investment in gold bullion. In effect you get to own gold without the hassle of storing and insuring. “With GLD, each share is priced at about one-tenth the price of gold bullion. If gold goes to $1000 an ounce, then the price of a share should be about $100,”
There are fees associated with exchange-traded funds, but they’re usually low. In addition, expect to pay a commission to your broker for each trade. But remember some very important features of the ETF derivatives and are not redeemable in Gold you have to take, ask yourself the question, if the dollar crashes do you want the US Dollar, or would you want the Gold? Also, the questions has been raised if the Comex really has the Gold on hand that GLD trades, and the fact is that GLD doesn’t carry all the Gold they are supposed they only hold about 25% of the Gold they are supposed to have on hand, the rest is most Gold paper certificates. Owning Gold this way is not Gold ownership, but if you don’t care and are only here to trade the volatility of the market then it doesn’t really matter then does it? Owning Mutual Funds, ETF’s and Gold mines is not Gold ownership, you own Gold to hedge against risk. Gold Stocks got hammered when the stock market crashed last Oct, while Gold held it’s own against all the asset classes. It is really the difference between diamonds being worth more then the ring it sits on. Mining stocks reflect the profits of the company. If it costs the company $600 an ounce to dig up gold, pay employees, gas and the like, and gold is selling at $900, their profit is $300. If the price of gold rises to $1200 their profits have doubled, so the stock is more volatile. But it works the other way, too. A drop in the price of gold could flip flop a company from one that’s profitable to one that’s bleeding. So this is a play on Stocks and not the metal itself. I recommend holding some Gold in your possession and then believe it or not, hold Gold in a country that does not have a history of Gold confiscation. Although when the U.S. Government confiscated its citizens Gold we were on a Gold Standard so in order to expand the money supply they needed more Gold then they had. So why would they need it now right? Since we no longer practice the Gold Standard they should not need our Gold correct? At the end of the day they can change the rules on us at anytime, so you should hold some Gold in Europe or Australia, both of which are regions that are friendly to Gold ownership. You can also own Gold in jewelry but this is because you like it, not as an investment. If you buy 14 karat gold, it’s less pure than investment grade. When you sell you’ll need to consider the purity of the gold and, more than likely, it will have to be refined to bring it up to investment grade. This is going to cost you money and take away from the purpose of hedging.
By: Luis Ovalle
About the Author:
Should I own Gold coins or bars? Coins can be tricky if you engage in the numismatic coin trade which has less to do with the buying, holding, and trading the commodity, and more to do with the rarity of the coins. My opinion is if you can get a vintage coin close to the spot price of Gold then fine, but if not, then you need to remember that you are buying a coin filled with commissions paid to the broker. Remember you are buying precious metals because you feel the dollar’s value is diminishing and you are looking for a hedge against inflation. So don’t detract from your goals when looking at metals as an investment. Now as far as regular bullion coins and bars, I don’t feel there is any difference to be honest, at the end of the day Gold is Gold right? The only leverage legal tender coins can give you is that there is a market for particular coins and some people have a preference as to what type of coins they own as opposed to bars or generic Gold coins. Personally, I feel that if Gold goes to the levels authors such as James Turk says Gold is going to, then I don’t feel that anyone will be turning your gold away. Now there are large institutions that will sell you Gold Such as Monex, Gold Line, Merit Financial, and North West Territorial Mint. The only issues I can find with these larger institutions is there lack of ability to negotiate a fair price with there customers, and then when times get really busy they are not prepared to handle large scale volume. Such complaints have been posted as in the website monexfraud.com. Although I have never know Monex to commit fraud personally, there is a sense that they post there ads to get you in the door to buy Gold and then bait and switch you into their Atlas Trading account which uses leverage as a means to over obligate the consumer into paying interest on an over leveraged account. This was not the intention of the buyer in the first place which is why I don’t like their method of advertising. Now my feeling is that if you want to trade the commodities there are other tools to use other than a leveraged account (which is not bad if that is what you want to do), but the issue is weather or not everyone getting into the Monex Atlas accounts really know what they are getting into. If you want to trade, then trade, but if you just want to buy and hold then that should be your game. Now concerning the other dealers I mentioned, they are fine I suppose, but try getting through to Northwest Territorial Mint when it is really busy, or call Gold line without having them try to sell you rare coins instead of bullion! Remember your spreads and the commissions you pay. Now there are other ways that people buy Gold such as by using Exchange Traded Funds Gold can carry concerns about authenticity and purity, as well as storage and insurance costs. But you can shed those worries and still own a chunk of gold by investing in exchange-traded funds that make buying and selling gold bullion as easy as buying and selling stocks.
The share price of street TRACKS Gold Shares roughly tracks the price of gold and represents an investment in gold bullion. In effect you get to own gold without the hassle of storing and insuring. “With GLD, each share is priced at about one-tenth the price of gold bullion. If gold goes to $1000 an ounce, then the price of a share should be about $100,”
There are fees associated with exchange-traded funds, but they’re usually low. In addition, expect to pay a commission to your broker for each trade. But remember some very important features of the ETF derivatives and are not redeemable in Gold you have to take, ask yourself the question, if the dollar crashes do you want the US Dollar, or would you want the Gold? Also, the questions has been raised if the Comex really has the Gold on hand that GLD trades, and the fact is that GLD doesn’t carry all the Gold they are supposed they only hold about 25% of the Gold they are supposed to have on hand, the rest is most Gold paper certificates. Owning Gold this way is not Gold ownership, but if you don’t care and are only here to trade the volatility of the market then it doesn’t really matter then does it? Owning Mutual Funds, ETF’s and Gold mines is not Gold ownership, you own Gold to hedge against risk. Gold Stocks got hammered when the stock market crashed last Oct, while Gold held it’s own against all the asset classes. It is really the difference between diamonds being worth more then the ring it sits on. Mining stocks reflect the profits of the company. If it costs the company $600 an ounce to dig up gold, pay employees, gas and the like, and gold is selling at $900, their profit is $300. If the price of gold rises to $1200 their profits have doubled, so the stock is more volatile. But it works the other way, too. A drop in the price of gold could flip flop a company from one that’s profitable to one that’s bleeding. So this is a play on Stocks and not the metal itself. I recommend holding some Gold in your possession and then believe it or not, hold Gold in a country that does not have a history of Gold confiscation. Although when the U.S. Government confiscated its citizens Gold we were on a Gold Standard so in order to expand the money supply they needed more Gold then they had. So why would they need it now right? Since we no longer practice the Gold Standard they should not need our Gold correct? At the end of the day they can change the rules on us at anytime, so you should hold some Gold in Europe or Australia, both of which are regions that are friendly to Gold ownership. You can also own Gold in jewelry but this is because you like it, not as an investment. If you buy 14 karat gold, it’s less pure than investment grade. When you sell you’ll need to consider the purity of the gold and, more than likely, it will have to be refined to bring it up to investment grade. This is going to cost you money and take away from the purpose of hedging.
By: Luis Ovalle
About the Author:
Written by Louis Ovalle Director of Gold Trends Magazine and Gold Trends Bullion Exchange info.gtbe@gmail.com 800-996-7345 http://www.goldtrendsmagazine.com
Ludivina Ruyz
Today, Americans are facing a pile of unpaid debts. At the helm is a new Fed chief, Ben Bernanke, who has already been nicknamed “Helicopter Ben” based on admitting he’d print enough paper currency and drop it from helicopters to keep the U.S. economy from sliding into a recession.
The Wall Street Journal recently published an excellent commentary, “In Gold We Trust,” by David Ranson and Penny Russell of H.C. Wainwright & Co. Economics. They explain why gold prices are the truest barometer of falling public confidence and of growing inflation. Here are a few key points they bring to light:
* Gold is the benchmark for the value of the dollar – not the other way around.
* The falling U.S. dollar is largely being ignored by Washington and Wall Street.
* Gold’s sharp rise represents an equally sharp decline in investor confidence.
* Gold is the barometer of public confidence in paper money.
* The dollar’s collapse of 60 percent since 2001 is a blow to capitalism.
Bottom line: The U.S. dollar is slowly but steadily sliding into oblivion, taking with it the hopes and dreams of all Americans, along with the value of their savings accounts and investments.
Most Wall Street pundits view gold as just another commodity, which they say is now overpriced due to a growing gold fever worldwide since 2001, causing central banks, hedge funds and others to buy gold for the first time in decades. Not so!
Gold is rising because it is real money. The solution is to convert a portion of your “paper” assets into gold – thus putting yourself on a personal gold standard.
Rising gold prices today are a big red flashing signal of coming inflation, which could take gold prices over $1,000 an ounce. So don’t wait to buy gold – buy gold and wait.
By: Samuel Martin
About the Author:
The Wall Street Journal recently published an excellent commentary, “In Gold We Trust,” by David Ranson and Penny Russell of H.C. Wainwright & Co. Economics. They explain why gold prices are the truest barometer of falling public confidence and of growing inflation. Here are a few key points they bring to light:
* Gold is the benchmark for the value of the dollar – not the other way around.
* The falling U.S. dollar is largely being ignored by Washington and Wall Street.
* Gold’s sharp rise represents an equally sharp decline in investor confidence.
* Gold is the barometer of public confidence in paper money.
* The dollar’s collapse of 60 percent since 2001 is a blow to capitalism.
Bottom line: The U.S. dollar is slowly but steadily sliding into oblivion, taking with it the hopes and dreams of all Americans, along with the value of their savings accounts and investments.
Most Wall Street pundits view gold as just another commodity, which they say is now overpriced due to a growing gold fever worldwide since 2001, causing central banks, hedge funds and others to buy gold for the first time in decades. Not so!
Gold is rising because it is real money. The solution is to convert a portion of your “paper” assets into gold – thus putting yourself on a personal gold standard.
Rising gold prices today are a big red flashing signal of coming inflation, which could take gold prices over $1,000 an ounce. So don’t wait to buy gold – buy gold and wait.
By: Samuel Martin
About the Author:
For More Article Visit :: http://www.thearticleinsiders.com/
Abbey Buck
Buy Krugerrand? Anyone aspiring to purchase gold bullion coins today will soon realize that a myriad of choices exist.
The Canadian Maple Leaf, the Australian Kangaroo, a British Sovereign, the Mexican Peso, and the Austrian Corona are just a few of the many gold coins one can purchase through dealers and mints.
When choosing a coin type for purchase, an individual must consider the actual reasons for the purchase. A number of investors, both large and small, are diverting fair percentages of their assets into physical gold coins. Doing so allows them to retain physical wealth without cash flow requirements, corporate managers, or connections to shaky markets.
Gold bullion coins are small, easy to hide, and highly movable during an emergency or disaster. In a time when the world’s lending institutions have lost the public’s trust, purchasing increasingly valuable gold bullion coins is becoming a feasible choice for many investors.
What gold bullion coins should I buy?
One popular coin across the world is the South African Krugerrand. This coin was first issued in 1967 by the South African Mint and is named after Paul Kruger, a former South African president and famous figure in the South African Republic’s formation. Existing as a legal tender coin, the Krugerrand is alloyed with a small amount of copper to aid in scratch and dent resistance.
Prior to the Krugerrand’s minting, the only way to purchase gold bullion worldwide was to buy gold bars. The Krugerrand was the first gold bullion coin to contain exactly one troy ounce of gold. The Krugerrand comes in four denominations based on weight in gold: 1 ounce, ½ ounce, ¼ ounce, and 1/10 ounce. In the United States, this gold coin is presentable at any bank for exchange of currency, and its value is easily recognizable. Over 54 million Krugerrands are in circulation worldwide.
When purchasing a Krugerrand, a buyer will pay a premium amount above the spot price. Of all gold bullion coins, this coin sometimes sells for the smallest premium and sometimes costs less per ounce, making it the most affordable bullion coin on the market.
Another common coin is the United States Gold Eagle, which like the Krugerrand, is considered legal tender. This coin was first issued in 1986 by the United States Mint and is the top-selling gold bullion coin worldwide.
The coin’s Walking Liberty face design was inspired by the American sculptor Adolph Weinman and copies the $20 Saint-Gaudens gold coin face. The coin’s reverse has a gold eagle designed by Miley Busiek, and indicates the amount of gold (in troy ounces), purity, and face value of the coin.
Due to unprecedented demand in 2008, sales of these coins were actually suspended for a short period from August 14 to August 25!
Gold Eagles, like Krugerrands, are easy to buy and convert to cash at most coin and precious metal dealers. This coin sells in 1 ounce, ½ ounce, ¼ ounce, and 1/10 ounce forms.
The US government guarantees the weight, content, and purity of each coin. Over 11 million Gold Eagles have been sold worldwide since 1986.
By: Mark Walters
About the Author:
The Canadian Maple Leaf, the Australian Kangaroo, a British Sovereign, the Mexican Peso, and the Austrian Corona are just a few of the many gold coins one can purchase through dealers and mints.
When choosing a coin type for purchase, an individual must consider the actual reasons for the purchase. A number of investors, both large and small, are diverting fair percentages of their assets into physical gold coins. Doing so allows them to retain physical wealth without cash flow requirements, corporate managers, or connections to shaky markets.
Gold bullion coins are small, easy to hide, and highly movable during an emergency or disaster. In a time when the world’s lending institutions have lost the public’s trust, purchasing increasingly valuable gold bullion coins is becoming a feasible choice for many investors.
What gold bullion coins should I buy?
One popular coin across the world is the South African Krugerrand. This coin was first issued in 1967 by the South African Mint and is named after Paul Kruger, a former South African president and famous figure in the South African Republic’s formation. Existing as a legal tender coin, the Krugerrand is alloyed with a small amount of copper to aid in scratch and dent resistance.
Prior to the Krugerrand’s minting, the only way to purchase gold bullion worldwide was to buy gold bars. The Krugerrand was the first gold bullion coin to contain exactly one troy ounce of gold. The Krugerrand comes in four denominations based on weight in gold: 1 ounce, ½ ounce, ¼ ounce, and 1/10 ounce. In the United States, this gold coin is presentable at any bank for exchange of currency, and its value is easily recognizable. Over 54 million Krugerrands are in circulation worldwide.
When purchasing a Krugerrand, a buyer will pay a premium amount above the spot price. Of all gold bullion coins, this coin sometimes sells for the smallest premium and sometimes costs less per ounce, making it the most affordable bullion coin on the market.
Another common coin is the United States Gold Eagle, which like the Krugerrand, is considered legal tender. This coin was first issued in 1986 by the United States Mint and is the top-selling gold bullion coin worldwide.
The coin’s Walking Liberty face design was inspired by the American sculptor Adolph Weinman and copies the $20 Saint-Gaudens gold coin face. The coin’s reverse has a gold eagle designed by Miley Busiek, and indicates the amount of gold (in troy ounces), purity, and face value of the coin.
Due to unprecedented demand in 2008, sales of these coins were actually suspended for a short period from August 14 to August 25!
Gold Eagles, like Krugerrands, are easy to buy and convert to cash at most coin and precious metal dealers. This coin sells in 1 ounce, ½ ounce, ¼ ounce, and 1/10 ounce forms.
The US government guarantees the weight, content, and purity of each coin. Over 11 million Gold Eagles have been sold worldwide since 1986.
By: Mark Walters
About the Author:
Mark Walters is founder of CreatingWealthClub.com. He is predicting a period of hyperinflation and explains how to protect your buying power in his new book Buy Gold Now…www.BuyGoldNowGuide.com
Jake Temores
ently, gold seemed to be viewed as just an ancient relic. Why buy gold bullion coins when you could get rich buying real estate or technology stocks? But, in these days of economic, political, and geopolitical uncertainty, gold is once again being recognized for what it is – real, true, honest money. Although the price of gold bullion has more than tripled in price since 1999, gold is still a worthy investment. Here are nine vital reasons why now is the best time for every investor to buy gold bullion coins.
Gold Bullion Is A Safe-Haven Investment
Demand for gold by individuals and institutions increases during times of economic uncertainty and geopolitical risk. Gold has long been perceived as being a superior store of value. With Iran vowing to continue its uranium enrichment program, geopolitical concerns will remain high.
Gold Bullion Is Indestructible and Imperishable
Gold doesn’t rust, corrode, or tarnish. It doesn’t mildew, rot, or dissolve. You can’t shatter it, ***** it, crumble it, or break it.
Gold Bullion Is A Good Hedge Against Inflation
Record food and oil prices are fueling global inflation. Investors will begin to seek out assets which are perceived to be anti-inflationary. And gold bullion has historically been perceived to be a good hedge against inflation.
Gold Bullion Provides Insurance Against Portfolio Risk
Investors who are concerned about the downside risk to their portfolios will naturally look to invest in gold. The returns on gold have very little correlation to assets such as bonds and equities. Thus, gold can be expected to perform well during unusual market conditions.
Gold Bullion Offers Protection Against Currency Risk
When the U.S. dollar falls, gold is often purchased as an alternative investment vehicle. A lower dollar also makes a dollar-priced commodity such as gold cheaper for investors holding other currencies. Therefore, as the fall in the dollar continues, investor demand for gold bullion will rise.
Gold Bullion Preserves Wealth
Currently, interest rates stand at 2%, half of the official inflation rate. The Federal Reserve’s main concern right now is supporting the faltering financial sector. Interest rates must remain low until the housing sector and credit markets stabilize. Negative interest rates destroy the value of money kept in bank accounts and other non-speculative investments.
Gold Bullion Is Cheap Compared To Oil
The historical gold to oil ratio is one ounce of gold to fifteen barrels of oil. Gold bullion is currently trading at a ratio of 6.48, (based on the current price of gold at $920 divided by the current price of oil at $142) close to an all time record low. For the gold to oil ratio to return to its historical mean, gold would have to trade at over $2100 an ounce.
Gold Bullion Is A Highly Liquid Asset
Gold is universally accepted around the world and can easily be bought and sold. As an investor in gold, you therefore have the alternative to trade gold bullion for different currencies if the need should arise.
Gold Bullion Demand Will Remain Strong
Higher inflation, rising oil prices, a declining dollar, a weakening U.S. economy, geopolitical tension abroad, and a slowdown in world economies will all play a part in the continued increase in the price of gold.
By: Christina Goldman
About the Author:
Gold Bullion Is A Safe-Haven Investment
Demand for gold by individuals and institutions increases during times of economic uncertainty and geopolitical risk. Gold has long been perceived as being a superior store of value. With Iran vowing to continue its uranium enrichment program, geopolitical concerns will remain high.
Gold Bullion Is Indestructible and Imperishable
Gold doesn’t rust, corrode, or tarnish. It doesn’t mildew, rot, or dissolve. You can’t shatter it, ***** it, crumble it, or break it.
Gold Bullion Is A Good Hedge Against Inflation
Record food and oil prices are fueling global inflation. Investors will begin to seek out assets which are perceived to be anti-inflationary. And gold bullion has historically been perceived to be a good hedge against inflation.
Gold Bullion Provides Insurance Against Portfolio Risk
Investors who are concerned about the downside risk to their portfolios will naturally look to invest in gold. The returns on gold have very little correlation to assets such as bonds and equities. Thus, gold can be expected to perform well during unusual market conditions.
Gold Bullion Offers Protection Against Currency Risk
When the U.S. dollar falls, gold is often purchased as an alternative investment vehicle. A lower dollar also makes a dollar-priced commodity such as gold cheaper for investors holding other currencies. Therefore, as the fall in the dollar continues, investor demand for gold bullion will rise.
Gold Bullion Preserves Wealth
Currently, interest rates stand at 2%, half of the official inflation rate. The Federal Reserve’s main concern right now is supporting the faltering financial sector. Interest rates must remain low until the housing sector and credit markets stabilize. Negative interest rates destroy the value of money kept in bank accounts and other non-speculative investments.
Gold Bullion Is Cheap Compared To Oil
The historical gold to oil ratio is one ounce of gold to fifteen barrels of oil. Gold bullion is currently trading at a ratio of 6.48, (based on the current price of gold at $920 divided by the current price of oil at $142) close to an all time record low. For the gold to oil ratio to return to its historical mean, gold would have to trade at over $2100 an ounce.
Gold Bullion Is A Highly Liquid Asset
Gold is universally accepted around the world and can easily be bought and sold. As an investor in gold, you therefore have the alternative to trade gold bullion for different currencies if the need should arise.
Gold Bullion Demand Will Remain Strong
Higher inflation, rising oil prices, a declining dollar, a weakening U.S. economy, geopolitical tension abroad, and a slowdown in world economies will all play a part in the continued increase in the price of gold.
By: Christina Goldman
About the Author:
The best way to preserve the value of your hard-earned money from the falling dollar and high inflation is with pure 24kt 1 oz gold bullion coins. You can find a huge selection of discount gold bullion coins at: http://bullionbargains.com
Kerry
It’s easy to answer the question “Why buy gold?” U.S. consumers are seeing their buying power dwindle and unemployment rates rise as the government deploys crazy tactics in a hopeless effort to slow deflationary economic pressures.
If you follow the news you heard President Barack Obama publicly warn that the US economy was “very sick” and “the situation is worsening.”
How low can interest rates go? Well, in December 2008, the Federal Reserve slashed rates for the tenth time since September 2007. They dropped from five and six percent to an almost panic level of zero percent.
At the same time Congress-approved Troubled Asset Relief Program (TARP) doled out $350 billion to frozen-up lending institutions, hoping to disintegrate the banks’ hoarding spree.
According to a November 30, 2008 Los Angeles Times report, the Federal Reserve had, by that date, actually loaned, committed, and guaranteed amounts totaling over $8.5 trillion. Minimal fiscal improvements have surfaced from these government tactics. Subsequently in 2009, the US budget deficit will exceed $1 trillion while the national debt will pass $11 trillion.
This news is sending thinking investors into gold as they wait for an inflationary time bomb to drop . . . Consider this scenario:
The slowdown of the US economy is evidently cyclical, moving from less buying power to lost jobs and less demand for goods. To stimulate buying, the Federal Reserve has lowered interest rates dramatically to free up credit and stimulate purchasing. Resulting low bond yields will eventually cease to draw foreign investors, who fear the purchase of diluted dollars.
The Treasury will print more dollars to buy up bonds, diluting the dollar’s value even more. A hyperinflation cocktail is about to be served.
That’s reason enough to protect your buying power with gold, but there’s more…
China and other Asian countries are still lending the US money and buying up its bonds, but to a lesser degree in past year. Their buying will continue only as long as consumers and businesses buy sizable amounts of Asian goods and services.
With bank credit lines frozen and unemployment rising dramatically, US consumer buying power continues its erosion as spending systematically decreases. Foreign investment holders may soon catch on to US inflation worries and sell off their dollar-denominated reserves, moving to more stable currencies. Some already have. Massive Treasury sell-offs could lead to dollar freefalls and interest rate spikes, then hyperinflation. The dollar would be worthless, wiping out American savings and retirement accounts in unprecedented amounts.
So why buy gold?
Buy gold as an investment. Buy gold as a hedge against inflation. Buy gold to preserve wealth.
Statistics show the only asset groups making gains in 2008 were Treasuries, corporate bonds, and gold.
Historically, the value of gold has risen with inflation, outperforming other investment vehicles during periods of economic turbulence. Even during hardy economic times, gold often finds its way into a prudent investor’s portfolio.
Many leading economist find today’s financial landscape comparable to that of the Great Depression-even Weimar Germany. Now is absolutely the time to begin thinking about moving assets to gold, before the dollar writes itself into history’s books as the next great fiat currency collapse.
By: Mark Walters
About the Author:
If you follow the news you heard President Barack Obama publicly warn that the US economy was “very sick” and “the situation is worsening.”
How low can interest rates go? Well, in December 2008, the Federal Reserve slashed rates for the tenth time since September 2007. They dropped from five and six percent to an almost panic level of zero percent.
At the same time Congress-approved Troubled Asset Relief Program (TARP) doled out $350 billion to frozen-up lending institutions, hoping to disintegrate the banks’ hoarding spree.
According to a November 30, 2008 Los Angeles Times report, the Federal Reserve had, by that date, actually loaned, committed, and guaranteed amounts totaling over $8.5 trillion. Minimal fiscal improvements have surfaced from these government tactics. Subsequently in 2009, the US budget deficit will exceed $1 trillion while the national debt will pass $11 trillion.
This news is sending thinking investors into gold as they wait for an inflationary time bomb to drop . . . Consider this scenario:
The slowdown of the US economy is evidently cyclical, moving from less buying power to lost jobs and less demand for goods. To stimulate buying, the Federal Reserve has lowered interest rates dramatically to free up credit and stimulate purchasing. Resulting low bond yields will eventually cease to draw foreign investors, who fear the purchase of diluted dollars.
The Treasury will print more dollars to buy up bonds, diluting the dollar’s value even more. A hyperinflation cocktail is about to be served.
That’s reason enough to protect your buying power with gold, but there’s more…
China and other Asian countries are still lending the US money and buying up its bonds, but to a lesser degree in past year. Their buying will continue only as long as consumers and businesses buy sizable amounts of Asian goods and services.
With bank credit lines frozen and unemployment rising dramatically, US consumer buying power continues its erosion as spending systematically decreases. Foreign investment holders may soon catch on to US inflation worries and sell off their dollar-denominated reserves, moving to more stable currencies. Some already have. Massive Treasury sell-offs could lead to dollar freefalls and interest rate spikes, then hyperinflation. The dollar would be worthless, wiping out American savings and retirement accounts in unprecedented amounts.
So why buy gold?
Buy gold as an investment. Buy gold as a hedge against inflation. Buy gold to preserve wealth.
Statistics show the only asset groups making gains in 2008 were Treasuries, corporate bonds, and gold.
Historically, the value of gold has risen with inflation, outperforming other investment vehicles during periods of economic turbulence. Even during hardy economic times, gold often finds its way into a prudent investor’s portfolio.
Many leading economist find today’s financial landscape comparable to that of the Great Depression-even Weimar Germany. Now is absolutely the time to begin thinking about moving assets to gold, before the dollar writes itself into history’s books as the next great fiat currency collapse.
By: Mark Walters
About the Author:
Mark Walters is founder of CreatingWealthClub.com. He is predicting a period of hyperinflation and explains how to protect your buying power in his new book Buy Gold Now…www.BuyGoldNowGuide.com
Tameika Papallo
Buy gold online? Well, in addition to a certain age-old skepticism over buying gold bullion is the question about buying gold online. In today’s internet age, many investors buy sizable amounts of gold online, especially gold bullion coins and bars, in a few simple clicks and keystrokes.
When you decide to buy online, first have in mind what types and amounts of gold you intend to purchase. This can narrow down your search dramatically, as some dealers only sell gold bullion coins. Others may sell both gold coins and bars, as well as collectible coins.
A good way to begin searching for an online seller is to type the coins you’re looking for right into a search engine, such as “Gold Eagle 1 oz bullion” or “Krugerrand ¼ oz.”
When narrowing down a dealer search, make sure the dealer has a good reputation. We regularly buy from Investmentrarities.com, bullion.nwtmint.com/ and blanchardonline.com/ with complete confidence.
Buying gold coins or gold bars over eBay can be a risky venture, especially since a dealer’s reputation in the gold market can be masked by a menagerie of feedback. Just because the dealer is a “Power Seller” does not mean that all those transactions came from gold sales! The feedback could’ve come from 100s of faux cashmere sweaters and junk market jewelry.
Here are a few things to check when trying to judge a dealer’s good-standing:
“What does the website look like? Is the site linked to an actual place of business? A site set up on the internet without a physical business location looks risky from the start.
“Is the site encrypted when you move to a transaction web page? If not, STOP. Do NOT make any transaction with this dealer.
“Is there a return policy? Make sure the dealer has one or you could be stuck with a piece of junk gold.
When you think you’ve found a good dealer, start looking into premiums (cost above spot price) charged. Making a premium cost comparison could save you hundreds, if not thousands of dollars.
Prices often vary as far as sales tax, shipping and handling charges, and profit-generating mark-up amounts. Occasionally, a return charge applies should the customer be unsatisfied with a purchase.
A few more things should be looked over when buying gold bars from an online institution. Each gold bar should have a refiner’s mark, gross weight in troy ounces, purity, and a serial number on it. Make sure to get the numbers when ordering a gold bar and upon receipt, inspect the bar to ensure accuracy. A certificate should accompany each bar disclosing these critical markings.
You can find the current spot price of gold and silver many places on line. One website that not only has prices, but very helpful charts and news is at Kitco.com. There is no cost to visit Kitco and they also sell coins and bullion.
Another good sources of news about gold and silver can be found at goldnews.bullionvault.com/.
By: Mark Walters
About the Author:
When you decide to buy online, first have in mind what types and amounts of gold you intend to purchase. This can narrow down your search dramatically, as some dealers only sell gold bullion coins. Others may sell both gold coins and bars, as well as collectible coins.
A good way to begin searching for an online seller is to type the coins you’re looking for right into a search engine, such as “Gold Eagle 1 oz bullion” or “Krugerrand ¼ oz.”
When narrowing down a dealer search, make sure the dealer has a good reputation. We regularly buy from Investmentrarities.com, bullion.nwtmint.com/ and blanchardonline.com/ with complete confidence.
Buying gold coins or gold bars over eBay can be a risky venture, especially since a dealer’s reputation in the gold market can be masked by a menagerie of feedback. Just because the dealer is a “Power Seller” does not mean that all those transactions came from gold sales! The feedback could’ve come from 100s of faux cashmere sweaters and junk market jewelry.
Here are a few things to check when trying to judge a dealer’s good-standing:
“What does the website look like? Is the site linked to an actual place of business? A site set up on the internet without a physical business location looks risky from the start.
“Is the site encrypted when you move to a transaction web page? If not, STOP. Do NOT make any transaction with this dealer.
“Is there a return policy? Make sure the dealer has one or you could be stuck with a piece of junk gold.
When you think you’ve found a good dealer, start looking into premiums (cost above spot price) charged. Making a premium cost comparison could save you hundreds, if not thousands of dollars.
Prices often vary as far as sales tax, shipping and handling charges, and profit-generating mark-up amounts. Occasionally, a return charge applies should the customer be unsatisfied with a purchase.
A few more things should be looked over when buying gold bars from an online institution. Each gold bar should have a refiner’s mark, gross weight in troy ounces, purity, and a serial number on it. Make sure to get the numbers when ordering a gold bar and upon receipt, inspect the bar to ensure accuracy. A certificate should accompany each bar disclosing these critical markings.
You can find the current spot price of gold and silver many places on line. One website that not only has prices, but very helpful charts and news is at Kitco.com. There is no cost to visit Kitco and they also sell coins and bullion.
Another good sources of news about gold and silver can be found at goldnews.bullionvault.com/.
By: Mark Walters
About the Author:
Mark Walters is founder of CreatingWealthClub.com. He is predicting a period of hyperinflation and explains how to protect your buying power in his new book Buy Gold Now…www.BuyGoldNowGuide.com
Dong Byers
1. Shop around for gold bullion sellers. Ideally, you will want to choose a seller asking the lowest premium (shipping, handling, tax, insurance, and margin over spot price) on your bullion coin or bar purchase. Prices vary widely among sellers, so your best bet is to compare ahead of time and choose one before you call in on a spot price.
Some dealers collect considerably less margin than others; during periods of adequate supply gold bullion coins typically sell at a 5 to 20 percent premium while gold bars sell with a 2 and 5 percent premium. Those premiums rise when gold is in short supply. Buying bullion gold coins or bars at higher volumes can also drive the premium price down, so consider buying larger amounts to capitalize on premium discounts.
Be sure the dealer has the gold in inventory and that you do not have to wait for the dealer to acquire the gold.
2. Build up a variety of gold bullion . In today’s volatile economy, it’s difficult to determine what currencies will be worth in a year, even five years from now. Most disaster preparation experts advise to keep three to six months of savings on-hand in case of a prolonged emergency. What about a financial collapse? What if your currency is deemed worthless?
Choosing a variety of gold types may be an effective form of preparation. Gold bullion coins such as Krugerrands and Gold Eagles are easily recognized for their gold value and can be exchanged all over the world. They are transportable and are easy to hide. Fractional Krugerrands and Eagles will be valuable in the daily exchange for goods and services. Although not as easy to exchange, gold bars can be hidden away discretely and saved for generations.
3. Keep away from collector’s coins. Although heralded worldwide for their beauty and value, collector’s coins are not a wise choice for the investment-minded individual. Collector coin prices tend to fluctuate widely based on age, amount of gold, and grade. They are not as tradable as circulated gold bullion coins, nor is their worth easily determined. Some collector’s coins come from privately owned corporations rather than from the government, so the purity may be lower and without a guarantee.
4. Consider storage options. You may be tempted to purchase ETF’s (Exchange Traded Funds) or have an entity hold your gold in escrow. These are options if you wish to deal with an increasing amount of investment risk. (Research what happened to ETF’s in September 2008 when AIG faltered.)
However, you should re-think why you are purchasing gold in the first place; it is likely for asset protection during uncertain economic times. Wouldn’t it make more sense to hold some tangible assets in your own domicile under your direct control? Look into a safe or vault purchase if you are concerned about safety and privacy.
5. Invest regularly and look long-term. Instead of making a large-sum, one-time purchase, consider an investment plan for acquiring more gold bullion coins and bars over time. By using simple cost-averaging techniques, you will spread expenses out evenly over time. Don’t be discouraged if you see a cycle where spot prices drop dramatically. Over time, gold prices have always recovered from their lows.
Latest predictions say that gold may rise to over $2,000 per ounce in the near future as demand from China and India begin to strain supply. The worldwide economic downturn is also delaying gold mining research and development, further complicating the supply chain.
By: Mark Walters
About the Author:
Some dealers collect considerably less margin than others; during periods of adequate supply gold bullion coins typically sell at a 5 to 20 percent premium while gold bars sell with a 2 and 5 percent premium. Those premiums rise when gold is in short supply. Buying bullion gold coins or bars at higher volumes can also drive the premium price down, so consider buying larger amounts to capitalize on premium discounts.
Be sure the dealer has the gold in inventory and that you do not have to wait for the dealer to acquire the gold.
2. Build up a variety of gold bullion . In today’s volatile economy, it’s difficult to determine what currencies will be worth in a year, even five years from now. Most disaster preparation experts advise to keep three to six months of savings on-hand in case of a prolonged emergency. What about a financial collapse? What if your currency is deemed worthless?
Choosing a variety of gold types may be an effective form of preparation. Gold bullion coins such as Krugerrands and Gold Eagles are easily recognized for their gold value and can be exchanged all over the world. They are transportable and are easy to hide. Fractional Krugerrands and Eagles will be valuable in the daily exchange for goods and services. Although not as easy to exchange, gold bars can be hidden away discretely and saved for generations.
3. Keep away from collector’s coins. Although heralded worldwide for their beauty and value, collector’s coins are not a wise choice for the investment-minded individual. Collector coin prices tend to fluctuate widely based on age, amount of gold, and grade. They are not as tradable as circulated gold bullion coins, nor is their worth easily determined. Some collector’s coins come from privately owned corporations rather than from the government, so the purity may be lower and without a guarantee.
4. Consider storage options. You may be tempted to purchase ETF’s (Exchange Traded Funds) or have an entity hold your gold in escrow. These are options if you wish to deal with an increasing amount of investment risk. (Research what happened to ETF’s in September 2008 when AIG faltered.)
However, you should re-think why you are purchasing gold in the first place; it is likely for asset protection during uncertain economic times. Wouldn’t it make more sense to hold some tangible assets in your own domicile under your direct control? Look into a safe or vault purchase if you are concerned about safety and privacy.
5. Invest regularly and look long-term. Instead of making a large-sum, one-time purchase, consider an investment plan for acquiring more gold bullion coins and bars over time. By using simple cost-averaging techniques, you will spread expenses out evenly over time. Don’t be discouraged if you see a cycle where spot prices drop dramatically. Over time, gold prices have always recovered from their lows.
Latest predictions say that gold may rise to over $2,000 per ounce in the near future as demand from China and India begin to strain supply. The worldwide economic downturn is also delaying gold mining research and development, further complicating the supply chain.
By: Mark Walters
About the Author:
Mark Walters is founder of CreatingWealthClub.com. He is predicting a period of hyperinflation and explains how to protect your buying power in his new book Buy Gold Now…www.BuyGoldNowGuide.com
Roosevelt Shands
Indications increasingly point to the fact that anyone who has money to invest and would like to earn any form of interest on it are once again looking towards the best if not only means of allowing their capital to appreciate in value-by turning it into gold.
With every day bringing fresh evidence that the global financial crisis is more severe and will last longer than originally forecast, especially in the UK, increasingly more money people are buying gold. At whatever price it takes.
While Britain\’s leading banks are part of the biggest rescue package since Dunkirk, the poor investor has found no hiding place for their savings and is seeing them dwindle in real time.
Without looking into the worst of global scenarios, some showing a deterioration that could actually lead to the crumbling of the entire Western banking system as we know it, there is no doubt that the World is sailing into previously uncharted waters where the only true security may lie in gold.
It was only ten years or so that gold seemed to have outlived its place as the safe haven of governments and wealthy individuals, with property and equity taking its place. It has faded into the annals of UK financial history that Brown, in his early days as Chancellor of the Exchequer sold half of Great Britain\’s, around 400 tonnes, for around 6 billion pounds when today it will be worth around four times that amount.
Dealing with global financial trends as far is gold concerned is not for the faint hearted, and there are those that say Gordon Brown\’s thinking then as Chancellor was probably echoed by many others in the European and the US financial hierarchy. Gold seemed dull and inflexible when compared to the bright lights of unbridled lending and borrowing all financed by constant and unrealistic property and share capital increases
Financial experts say that a huge revaluation in the price of gold is happening and if allowed to continue will prop up not only the UK treasury but also those of the countries most exposed to the financial crisis, especially those who had the good sense to leave their gold stocks intact.
Buying gold will provide an answer to those who wish to protect their assets till the storm subsides, but who knows how long that can take. In the times that we are living through gold can be a bad short term bet but an excellent medium to long term safety net. Even those who bought into gold a year or so have fared better than those who kept their assets in shares or property.
Gold\’s continued healthy performance also depends on demand and supply, and all eyes are on the Asian market which is more dynamic and short term that that of the West. If there is a decrease in demand for gold in these developing economies, especially India and China, there will be a decrease in global gold price growth.
Overall investing in Gold, either in a physical format or in certain of the gold stocks still seems to be the best hedge against deflation of asset value. , Gold prices may remain volatile, especially in the short term. However the tends to be that prices are moving upwards, rising steadily towards the psychological $1,000 an ounce level. In the past it has stuck there. The extra eighteen billion pounds that would be sitting today in Government coffers seems insignificant went compared to the financial commitments that have been taken on through supporting the banks and insurance companies today. But it would be comforting to know that it was still there.
This article was written by eCommerce Associates for Bank — Accounts and our Finance Blog
By: eCommerce Associates
About the Author:
With every day bringing fresh evidence that the global financial crisis is more severe and will last longer than originally forecast, especially in the UK, increasingly more money people are buying gold. At whatever price it takes.
While Britain\’s leading banks are part of the biggest rescue package since Dunkirk, the poor investor has found no hiding place for their savings and is seeing them dwindle in real time.
Without looking into the worst of global scenarios, some showing a deterioration that could actually lead to the crumbling of the entire Western banking system as we know it, there is no doubt that the World is sailing into previously uncharted waters where the only true security may lie in gold.
It was only ten years or so that gold seemed to have outlived its place as the safe haven of governments and wealthy individuals, with property and equity taking its place. It has faded into the annals of UK financial history that Brown, in his early days as Chancellor of the Exchequer sold half of Great Britain\’s, around 400 tonnes, for around 6 billion pounds when today it will be worth around four times that amount.
Dealing with global financial trends as far is gold concerned is not for the faint hearted, and there are those that say Gordon Brown\’s thinking then as Chancellor was probably echoed by many others in the European and the US financial hierarchy. Gold seemed dull and inflexible when compared to the bright lights of unbridled lending and borrowing all financed by constant and unrealistic property and share capital increases
Financial experts say that a huge revaluation in the price of gold is happening and if allowed to continue will prop up not only the UK treasury but also those of the countries most exposed to the financial crisis, especially those who had the good sense to leave their gold stocks intact.
Buying gold will provide an answer to those who wish to protect their assets till the storm subsides, but who knows how long that can take. In the times that we are living through gold can be a bad short term bet but an excellent medium to long term safety net. Even those who bought into gold a year or so have fared better than those who kept their assets in shares or property.
Gold\’s continued healthy performance also depends on demand and supply, and all eyes are on the Asian market which is more dynamic and short term that that of the West. If there is a decrease in demand for gold in these developing economies, especially India and China, there will be a decrease in global gold price growth.
Overall investing in Gold, either in a physical format or in certain of the gold stocks still seems to be the best hedge against deflation of asset value. , Gold prices may remain volatile, especially in the short term. However the tends to be that prices are moving upwards, rising steadily towards the psychological $1,000 an ounce level. In the past it has stuck there. The extra eighteen billion pounds that would be sitting today in Government coffers seems insignificant went compared to the financial commitments that have been taken on through supporting the banks and insurance companies today. But it would be comforting to know that it was still there.
This article was written by eCommerce Associates for Bank — Accounts and our Finance Blog
By: eCommerce Associates
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eCommerce Associates work with some of the UK’s top merchants and brands in
the affiliate market. eCommerce eCommerce Associates work with some of the UK’s top merchants and brands i the affiliate market. eCommerce Associates have three blog sites http://ecommerce-associates.info/ , http://leisure-activities.blogware.com/blog and http://financial-news.org.uk/ where all of our articles can be viewed.
Enoch Okoli