You should be investing in gold for some very simple reasons having to do with the dollar. Investing in gold will protect you from the imminent dollar collapse and hedge your portfolio against inflation.
The following reasons show the US dollar is in serious decline, and why investing in gold is essential:
1. As the dollar continues to inflate (and the U.S. Government has set this in cement with their quantitative easing policy), your buying power with those dollars will shrink.
2. You take out insurance to protect your home and valuables from future loss. It makes even more sense to protect your purchasing power from future loss when you know that you are losing it every day through the hidden taxation of currency devaluation. (more…)
There has never been a better time to invest in gold and with these gold investing tips, your profits will be much greater. Events are coming together that will propel gold to new heights that will make the gold move of 1979-80 look like peanuts. In order to capitalize on these gold investing tips, it is important to know why gold is going to make this move.
Events are converging that leave gold no where to go but up. After 60 years of government meddling in the free market we have reached the last step in the destruction of the dollar’s value. The current administration’s quantitative easing policy and it’s attempt to take over 18% of U.S. GDP by nationalizing the health care industry, all but guarantees gold going to $1,200 before the end of the year and much higher after that. (more…)
Trying to find the perfect present for a special birthday can be hard, especially as bigger disposable incomes mean that people often buy the things they want throughout the year, instead of waiting for a birthday or Christmas. Whilst some people are happy to give their loved ones money or a premium bond on their big day, giving them the present of gold bullion can be much more personal and a longer lasting memory.
Some mints offer the service of customisation, and you can have a unique and personal message included in the design of a gold coin. Whilst this obviously affects the value of the coin to a collector, the person who receives the gift will be able to treasure and display it for the rest of their life. If you would rather give a gift that will provide financial security to the recipient for years to come, buying them gold bullion coins or bars for investment purposes can be just as nice. Whilst they may not wish to store it in their home, having gold bullion stored in a bank vault adds a bit of James Bond excitement to the whole affair. (more…)
The only real disappointment for those who buy gold coins this year has been the fact that the US Mint has been forced to suspend the production of several gold coins, including the American Eagles. This comes as sour news to some for the simple fact that the ultra high relief coins were a 2009 exclusive and, for the time being, the Mint does not have plans to release these coins in coming years.
That may change, however, when you consider just how immensely popular the coins have been. In fact, that’s the reason the Mint chose to suspend production in the first place; they simply sold out much more quickly than the Mint had anticipated and they are fast running out of resources to meet consumer demand for those who wish to buy gold coins. (more…)
A few critics expressed misplaced worries last year in gold bullion, saying that the bullion price “bubble” would “burst”, leaving those with investments in the metal having lost a little money between 2008 and 2009. Of course as we have seen, this wasn’t the case at all. For those who buy gold bullion, the metal is still going strong and still seeing unprecedented demand amongst investors.
Such worries seem to have been misguided to say the least. The fact is that, unlike stocks and real estate, there’s really no such thing as a “bubble” when you buy gold bullion. Precious metals are not what you would call a volatile or unpredictable market, so it is very rare for gold to see a sudden spike immediately followed by a plunge. (more…)
The following are facts that you may find interesting. According to the website of the US mint, all of the gold that is mined around the world would only end up measuring a cube of 20 yards on each side. American Eagle gold coins weighing one ounce are very valuable and desirable in today’s market.
22 karat gold is in every gold American eagle coin along with a minute amount of another metal to be sure the coin is not as malleable. If you purchase gold from the United States Mint, it is certain that your gold was acquired in the United States. (more…)
2008 was a very kind year for many gold and silver investors, and 2009 seems to be following suit for these first few months, with silver having recently broken the fifteen dollar mark. This certainly explains why the metal is becoming a more and more popular option amongst American investors.
While this is great news, it has also resulted in the recent decision by the US Mint to suspend not only their twenty dollar gold pieces, as you may already know, but several gold and silver coins and even a number of platinum and palladium investment pieces. (more…)
One quite recent investment opportunity when it comes to gold is the American Buffalo gold coins. Similar to the gold dollar coin a US insignia will be present on the Buffalo gold coins. There should be governmental guarantees about the quality and amount of gold that is contained in every coin. This is to guarantee the worth of the Buffalo gold bullion will not be questioned in world markets. It is pretty easy to buy Buffalo gold if you are willing to do a little research to find a dealer.
The Buffalo gold coin is pure 24k gold, much more pure than many other coins, such as the 22k American Eagle gold coin, which contains approximately 8% metal other than gold. This is the case 99 out of 100 times. You are sure to get gold with 99 percent of coins. The cost of the coin is started by taking the price of gold and the coin making process into consideration. These are the things that make the buffalo coin a popular investment when choosing gold. (more…)
Gold stock investing may soon become the only profitable financial sector. Gold stock investing hedges against inflation and out of control debt. We are reaching a point where government intervention in the free markets is reaching a tipping point. Gold stock investing may be the last bastion of capitalism as we knew it in America.
Now is the time to get serious with your gold stock investing. We are in the early stages of a bull market in gold and the down side is currently limited. If you feel that the green shoots that the media is hyping these days are taking root, then maybe gold stock investing is not for you. If, on the other hand, you are feeling uneasy about the economy and the dollar’s future, then gold stock investing is for you. (more…)
When gold stock companies fail to meet analyst earnings, the share price usually drops and life moves on after investors reevaluate their investment decisions. This is the normal procedure for companies that seem to rely on the gold price as a main source of revenue. How then, one must ask, did Yamana report net earnings of $9.6 million, or $0.01 per share and not get its share price butchered. This is significantly lower than earnings of $42 million, or $0.06 per share, for the second quarter of 2008. Earnings represent a 77% drop!
The reason is simple: forecasts and unique conditions. Let us begin with the first reason of the future of the company. With a high gold price that seems to have no ceiling, the company’s revenues are expected to be quite strong in the near future. Also, the company reported production of 289,574 gold equivalent ounces at cash costs of $387 per gold equivalent ounce. The company also mined 35.6 million pounds of copper at a cost of roughly $0.91 per pound. The quarter’s production totals were lower than analyst expectations by about 30,000 gold ounces. In the next quarter Yamana will most likely make up for this downward bias in its production. (more…)
