Why Own Gold: Determining Factors
Adjust for inflation the gold price is still well below its historical high!
For 5000 years gold's legacy has been one of wealth protection, and never has that been more evident than it is in today's volatile markets. In just its infant stages, the gold bull market appears set to attain record highs. Experts believe it and these are the . . .
. . . 5 Reasons Gold Could Climb to $2200 an Ounce and Beyond!!
It Starts with Debt and Inflation!
To combat the growing credit crisis the Fed has created billions of dollars in cash, right out of thin air! You might say, they've started to blow up the inflation bubble. And because gold, throughout history, is recognized as one of the best hedges against inflation, even respected analysts are now predicting gold to rise above $1500/oz. - 60% higher than where it trades at today.
Skyrocketing Demand and the China Factor
Worldwide gold demand is skyrocketing. China's demand alone was up 26% in 2007, taking over the U.S. as number two consumer in the world. Soon, they're expected to overtake India at the number one position. Hong Kong demand is also up 15%, Saudi Arabia 15%, Egypt 12%, UAE 7% and to top it off Russian demand hit an annual record up 11%. This is a strong indicator the worldwide gold bull market is starting to rev up and move on into 2009 and beyond.
Shrinking Supply
Finally! You can't talk rising demand without considering the supply side of things. Gold production has fallen by a staggering 110.7 million ounces since 2007. Global mining production has fallen to its lowest levels in 86 years. You don’t have to be an economist to know when rising demand meets shrinking supply, there's only one way for prices to go – UP!
Easy to Buy and Easy to Sell
At thousands of locations around the globe, gold coins are as easy to buy as they are to sell. In fact, contrary to popular belief, gold can be more liquid than stocks or even bonds. For more information, call 1-800-965-0580 to speak with one of our experienced advisors.
The Investment That’s Never Been Worth Zero!!
Throughout history, gold has a one of a kind track record – It’s never been worth zero, at any time, in any economy. It's that kind of certainty in this uncertain economy that has so much money, globally, chasing a fixed supply of gold.
Gold is very popular as an investment and one of the best ways to counter debt and inflation is to own gold. The intrinsic value of gold is easy to maintain and will never be lost even if the paper currency loses its value. This precious metal is a coveted asset mainly because of its durability and aesthetic value. As the demand for gold is high, the cost of gold has increased tremendously. Today gold can be purchased in the form of paper like an ETF or in its physical form such as coins, bars, and jewelry. The price of gold stands at $57.91 today for 1 gram of the metal.
Why Own Gold: Advantages of Buying Gold
- The demand for gold is always high. It can survive decades and generations without any concern about its future desirability.
- Owning gold as an investment can protect you from a loss in the value of currencies or inflation.
- Gold helps you to add variety to your investment portfolio.
- This precious metal helps you to safeguard wealth over longer periods of time.
- Gold is easy to transport, convenient to hide, and a great backup plan when you suffer huge losses in other financial spheres.
Buying Gold Bullion
- The first step is to decide what level of investment-grade gold bullion you want to purchase. Gold coins hold the highest values due to their numismatic value that further adds to their gold content. Gold I also available in bars that are 99.5 – 99.9 percent pure. Buying gold jewelry involves paying a premium for the skill and design of the item.
- You then have to choose a weight to buy. The heavier the weight, the higher the price. Storage has to be taken care of appropriately.
- Look for a source that sells gold bullion. You should assess a dealer in terms of their certification and specialization.
- Check on the current market prices for gold and verify the price with different well-known sources.
- You can then proceed to buy gold at or below the current market price with a premium of about 1 percent.
- Gold should be stored securely.
To stay stable during turbulent market conditions, make the right investment and diversify your portfolio with the purchase of this beautiful metal.
Five Reasons Gold Could Double and Rise Above $2200/oz.!
To learn more about why experts believe gold prices could rise above $2200 an ounce, click here for Lear Capital's complete Gold Investor Guide or call us now at 1-800-576-9355. It’s Free with no obligation!
**The statements made in this website are opinions and past performance is no indication of future performance or returns. Precious metals, like all investments, carry risk. Precious metals and coins may appreciate, depreciate, or stay the same depending on a variety of factors. LCI cannot guarantee, and makes no representation, that any metals purchased will appreciate at all or appreciate sufficiently to make customers a profit. The decision to purchase or sell precious metals, and which precious metals to purchase or sell, are the customer's decision alone, and purchases and sales should be made subject to the customer's own research, prudence and judgment.