Gold Is A Hedge Against Inflation
Do not wait for a pullback to buy gold! Every investor needs to know that gold is a hedge against inflation. The movements in the gold market have been monumental, and there are several reasons for that.
For one, the official inflation rate is about 10%, and investors are getting out of dollars and into gold coins, gold bars, and gold bullion as a hedge against inflation. Buy gold bullion, gold ingots, and gold bullion coins to protect yourself during inflation.
The gold demand is rising steadily with no end in sight. Investors looking to put their money into hard assets increased the demand for gold in 2008 by 64 percent. Countries who have added to their gold piles include Russia, India, China, and others. The IMF recently made a sale of 200 tons of gold to India.
There is currently about 23 grams of gold available per person on earth. Thats about $840 worth of gold per person. The existing value of all the available mined gold on earth is $3.7 trillion.
The amount of gold above ground is--0,000 tons and that number goes up by 2,600 tons every year. With this 2% increase each year, it doesnt scratch the surface of demand placed on the yellow metal.
Mine supplies have actually decreased by 10% due to suppressed gold prices. Since the fundamentals for the gold price put the price much higher than it has been, why has the price been suppressed?
The gold and silver mine supplies have plummeted by 10% due to the low prices. If you add up all of the fundamentals, gold should be much, much higher.
Any situation where demand exceeds supply means the price must go higher, but until recently it has not. The gold price has risen from $250/oz in 2001 to $1,140/oz today, but the inflation adjusted price shows that gold needs to be around $6800.
This price manipulation by our government has occurred to keep the dollar falsely propped up. Central banks have played a part by selling gold bars onto the market and sending the price of gold lower. These tactics are coming to an end because central banks are running out of gold.
Another factor that has suppressed the gold price is the advent of paper gold (i.e. exchange traded funds, futures contracts). These investment vehicles simply give you the price exposure to gold. The futures contracts on the COMEX will allow you to take physical delivery of your gold, but many investors are finding that the COMEX is defaulting on the delivery. The default is occurring because the COMEX does not have the gold that they claim they have.
ETF shares or COMEX contracts will only leave you wondering if the gold is really there. These investment vehicles are the governments way of keeping investors in dollars therefore strengthening dollars.
This paper gold market is a bubble waiting to burst. Steer clear of these investments if you can help it. Keep your money safe by buying American Gold Eagle Coins, American Gold Coins, and gold bars.
The falling dollar is enough reason to invest in gold. The current price of gold is $1,140/oz, and the price of gold per ounce one month ago was $1,058/oz. Gold is the only safe bet in this inflationary environment. You wont be sorry if you invest in gold now! - 23217
For one, the official inflation rate is about 10%, and investors are getting out of dollars and into gold coins, gold bars, and gold bullion as a hedge against inflation. Buy gold bullion, gold ingots, and gold bullion coins to protect yourself during inflation.
The gold demand is rising steadily with no end in sight. Investors looking to put their money into hard assets increased the demand for gold in 2008 by 64 percent. Countries who have added to their gold piles include Russia, India, China, and others. The IMF recently made a sale of 200 tons of gold to India.
There is currently about 23 grams of gold available per person on earth. Thats about $840 worth of gold per person. The existing value of all the available mined gold on earth is $3.7 trillion.
The amount of gold above ground is--0,000 tons and that number goes up by 2,600 tons every year. With this 2% increase each year, it doesnt scratch the surface of demand placed on the yellow metal.
Mine supplies have actually decreased by 10% due to suppressed gold prices. Since the fundamentals for the gold price put the price much higher than it has been, why has the price been suppressed?
The gold and silver mine supplies have plummeted by 10% due to the low prices. If you add up all of the fundamentals, gold should be much, much higher.
Any situation where demand exceeds supply means the price must go higher, but until recently it has not. The gold price has risen from $250/oz in 2001 to $1,140/oz today, but the inflation adjusted price shows that gold needs to be around $6800.
This price manipulation by our government has occurred to keep the dollar falsely propped up. Central banks have played a part by selling gold bars onto the market and sending the price of gold lower. These tactics are coming to an end because central banks are running out of gold.
Another factor that has suppressed the gold price is the advent of paper gold (i.e. exchange traded funds, futures contracts). These investment vehicles simply give you the price exposure to gold. The futures contracts on the COMEX will allow you to take physical delivery of your gold, but many investors are finding that the COMEX is defaulting on the delivery. The default is occurring because the COMEX does not have the gold that they claim they have.
ETF shares or COMEX contracts will only leave you wondering if the gold is really there. These investment vehicles are the governments way of keeping investors in dollars therefore strengthening dollars.
This paper gold market is a bubble waiting to burst. Steer clear of these investments if you can help it. Keep your money safe by buying American Gold Eagle Coins, American Gold Coins, and gold bars.
The falling dollar is enough reason to invest in gold. The current price of gold is $1,140/oz, and the price of gold per ounce one month ago was $1,058/oz. Gold is the only safe bet in this inflationary environment. You wont be sorry if you invest in gold now! - 23217
posted by X - Men @ 5:58 AM
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