Sunday, October 24, 2010

Buy Gold Coin Or Silver Bar Bullion Before It Is Too Late - Huge Financial Storm Looming


To buy gold coin or silver bar bullion is a sensible way to protect your savings and investments. Alan Greenspan is quoted as saying in 1967: "In the absence of gold, there is no way to protect savings from confiscation through inflation. There is no safe store of value." Not only would buying gold and silver represent financial protection, but also an outstanding investment decision. This year alone gold is up 15% - quite an impressive return. Most of that has come as a consequence of paper currencies diminishing in value. Buying gold coin or silver bar bullion safeguards assets.

The main reason precious metals protect is because printing paper money is basically deadly when there are no corresponding reserves of gold. Printing money is similar to confetti that holds little value and creates a mess of potential deflation, inflation, or worse, hyperinflation. Today, everyday citizens are in a perilous economic position while the rich get richer. Buying gold coins and silver is clearly the ultimate no-brainer! The actual thread of the American way of life is in jeopardy with 40 million now in receipt of food stamps and 44 million living below the poverty line. Also, many millions of Americans are on the threshold of losing their retirement security.

Historically, from the beginning of paper money exchange, nearly 600 currencies have vanished forever - from the "flying cash" notes of China's Tang dynasty to the incredible debasement of Zimbabwe dollars in 2009. Half of those currencies were ruined by inflation or hyperinflation. Still US fiscal policy is led by a Federal Reserve Chairman (Ben Bernanke) who claims "positive inflation" is desirable. Yet since 2000, the USD has lost 25.5% of its value. That means for America, that its actual loss amounts to another $13.5 trillion! Not only does this actually make the dollar itself a poor investment, the US is running headfirst right into a financial catastrophe.

Many consider the US supremacy as the top global economy will end sooner than thought. We are witnessing the rise and rise of China and India, both of which are actively encouraging their citizens to buy gold. China has now made it legal for its 1.3 billion citizens to own gold and actually run television commercials to promote it.

The capacity of gold and silver to spiral is really a 'given'. When you translate the 1980 gold peak of $850 into today's dollars, you get a peak price of $2,230 still likely to occur. Some commentators are predicting even higher. Yes, even the Wall Street Journal posted information indicating that if you could place the dollar back onto the gold standard - gold right now would most likely be $7,648 per ounce.

Therefore by far the best thing to do - not just during this current market but always - is to have your own personal, well-protected stockpile of actual gold and silver. It's easily sold, portable and accessible. Gold and silver is simply insurance. Not the AIG/Chubb kind of insurance however. It is the type that permits you to sleep at night.








Article by Jeanette Rachinger http://BuyingGoldCoins.net There is no job security today. Nothing is certain. Equip yourself with financial strength and fight complacency. To buy gold coin and silver bar bullion that is certified, uniquely numbered, collectible, privately owned and delivered discreetly, plus your FREE giveaway, visit: http://BuyingGoldCoins.net NOW!


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