When you are trying to figure out how to buy gold or why you should buy gold, it is important to note several things. First, inflation is rearing its ugly head and governments won't stop until the dollar is completely devalued. Second, we are in the midst of major bailouts, layoffs, Ponzi schemes, and sky high unemployment.
It's important to be invested in gold right now. The gold price was at a low of $250/oz in 2001. The price of gold is over $1,100/ounce today. A one ounce gold coin has risen by over 400% in the last 8 years. Do you know of any other inflation proof investments that have experienced 400% returns?
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.
You might be asking how the Dow could possibly be doing bad, but price it in gold and you will see. Even if the Dow got as high as 20,000 or higher, the value of your dollars would be crashing at a greater rate.
The USDX compares the dollar to a basket of other currencies around the world. The dollar has already fallen below 76, and many prominent economists are calling for the dollar to go much lower. Get out of dollars now before it is too late. The USDX is on a one way track to 65, and from there many economists believe it will go to 40.
This is the real world and this collapse of the dollar is really happening. Gold and silver will be your hedge against inflation. The dollar as the world's reserve currency is coming to an end. In fact, the dollar may not even be around in five years.
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.
A $7,000 gold price is not out of the question over the next few years. Some economists believe it has to go this high to compensate for inflation. The dollar is only being propped up by our faith in it, and that is why our government doesn't want you buying gold.
Gold bullion and silver bullion are smart investments. It may be difficult to afford silver bars or gold bars. If that is the case, you can buy American Gold Eagle Coins or American Silver Eagle Coins.
God bless. - 23309
It's important to be invested in gold right now. The gold price was at a low of $250/oz in 2001. The price of gold is over $1,100/ounce today. A one ounce gold coin has risen by over 400% in the last 8 years. Do you know of any other inflation proof investments that have experienced 400% returns?
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.
You might be asking how the Dow could possibly be doing bad, but price it in gold and you will see. Even if the Dow got as high as 20,000 or higher, the value of your dollars would be crashing at a greater rate.
The USDX compares the dollar to a basket of other currencies around the world. The dollar has already fallen below 76, and many prominent economists are calling for the dollar to go much lower. Get out of dollars now before it is too late. The USDX is on a one way track to 65, and from there many economists believe it will go to 40.
This is the real world and this collapse of the dollar is really happening. Gold and silver will be your hedge against inflation. The dollar as the world's reserve currency is coming to an end. In fact, the dollar may not even be around in five years.
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.
A $7,000 gold price is not out of the question over the next few years. Some economists believe it has to go this high to compensate for inflation. The dollar is only being propped up by our faith in it, and that is why our government doesn't want you buying gold.
Gold bullion and silver bullion are smart investments. It may be difficult to afford silver bars or gold bars. If that is the case, you can buy American Gold Eagle Coins or American Silver Eagle Coins.
God bless. - 23309
