Why You Should Buy Gold
When trying to figure out how to buy gold, it's important to think about a few things. First, governments are out of control with their bailouts and excessive printing of money. Second, there is massive inflation going on right now and the unemployment rate is over 10% according to the governments conservative numbers.
Gold should be at the top of all investors lists right now. Just 8 years ago the gold price was at about $250/ounce. That price has steadily risen to over $1,100/ounce. For a one ounce gold coin there has been an increase of 400% in value. Are there any other investments out there making those returns, while at the same time being a hedge against inflation?
Even if your paper investments made significant returns, the dollar has fallen in value dramatically and the paper bubble has begun to burst. If you want proof then simply look at the Dow Jones Industrial Average. When the Dow is priced in gold it tells a completely different story. As the dollar falls, gold rises in value.
As the Dow peaks over 10,000 we are seeing a queit crash. How can this be? Many experts claim that we may see the Dow reach 20,000 and even 40,000. The problem is that even if the Dow goes to those levels, the dollar is losing value at an even faster pace.
As the USDX falls below 76, there is suddenly the realization that the dollar will certainly be in trouble through the coming years. For those invested in dollar related assets it is time to get out. The USDX will most certainly fall to 65 next year like many economists are saying. Many experts believe that it will go as low as 40 in the next couple of years.
There is only one safe haven in a real world scenario like this. Gold and silver are the only safe hedge against inflation. As we see some people naively sit by and expect the government to throw them a bailout, others are preparing, and they know that the dollar's days as the world's reserve currency are limited.
This is the greatest bull market that the world has ever seen. Fiat paper currencies are being inflated all around the world, and we are in the middle of some very bad economic times. The unemployment rate is growing and our dollars are being evaporated into thin air.
Gold's inflation adjusted price is over $7,000/oz and it will get there according to many prominent economists. This bull market is really only just getting started. The gold price has a long way to go to make up for all of the paper money in existence.
Inform yourself about gold bullion and silver bullion before the real rush comes into gold. If you cannot afford silver bars or gold bars, then look to buy American silver eagle coins or American gold eagle coins.
God bless. - 23200
Gold should be at the top of all investors lists right now. Just 8 years ago the gold price was at about $250/ounce. That price has steadily risen to over $1,100/ounce. For a one ounce gold coin there has been an increase of 400% in value. Are there any other investments out there making those returns, while at the same time being a hedge against inflation?
Even if your paper investments made significant returns, the dollar has fallen in value dramatically and the paper bubble has begun to burst. If you want proof then simply look at the Dow Jones Industrial Average. When the Dow is priced in gold it tells a completely different story. As the dollar falls, gold rises in value.
As the Dow peaks over 10,000 we are seeing a queit crash. How can this be? Many experts claim that we may see the Dow reach 20,000 and even 40,000. The problem is that even if the Dow goes to those levels, the dollar is losing value at an even faster pace.
As the USDX falls below 76, there is suddenly the realization that the dollar will certainly be in trouble through the coming years. For those invested in dollar related assets it is time to get out. The USDX will most certainly fall to 65 next year like many economists are saying. Many experts believe that it will go as low as 40 in the next couple of years.
There is only one safe haven in a real world scenario like this. Gold and silver are the only safe hedge against inflation. As we see some people naively sit by and expect the government to throw them a bailout, others are preparing, and they know that the dollar's days as the world's reserve currency are limited.
This is the greatest bull market that the world has ever seen. Fiat paper currencies are being inflated all around the world, and we are in the middle of some very bad economic times. The unemployment rate is growing and our dollars are being evaporated into thin air.
Gold's inflation adjusted price is over $7,000/oz and it will get there according to many prominent economists. This bull market is really only just getting started. The gold price has a long way to go to make up for all of the paper money in existence.
Inform yourself about gold bullion and silver bullion before the real rush comes into gold. If you cannot afford silver bars or gold bars, then look to buy American silver eagle coins or American gold eagle coins.
God bless. - 23200
posted by X - Men @ 6:51 AM
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