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.
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.