Gold Is A Hedge Against Inflation
Gold is a hedge against inflation and a way to preserve your wealth. The movements in gold have been huge lately. The rate of inflation is about currently about 10%, and its essential to be invested in gold coins, gold bars, and gold bullion.
Smart investors are getting into gold coins, gold bars, and gold bullion as the inflation rate rises to 10.2%. To protect yourself from rising inflation, its important to be invested in gold bullion, gold ingots, and gold bullion coins.
If you have not seen the gold price lately, it is going to the moon. The demand continues to surge as worried investors seek shelter. Many countries China, India, and Russia are diversifying out of dollars and into gold bullion. The IMF recently sold 200 tons of gold bricks to Indias central bank.
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 mined each year is 2,600 tons, and the amount of above ground gold sits at about--0,000 tons. That does not cover the demand situation and is only a 2% increase in the supply each year. The supply is actually short of demand each year by 1,400 tons due to the demand of 4,000 tons each year. Gold has been selling at or below the cost of production until this recent surge in metals prices.
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?
Due to the low prices in gold and silver, mine supply has decreased by close to 10%. Seeing how the fundamentals for gold show that the demand outweighs the supply and has for a long time, then why has the gold price been suppressed until recently?
Supply and demand have not played a part in these markets since price manipulation has been occurring. Even though the price of gold has risen to current levels of $1,140/oz, the inflation adjusted price puts gold at around $7,000/oz.
Paper gold is a source of price suppression. Paper gold includes futures contracts, ETFs, and other investments. These give you the exposure to the price of gold, and not the real gold.
Even though you can request physical delivery of the gold bullion on the COMEX, some investors have complained of receiving cash settlements or ETF shares instead. The COMEX does not have the gold they claim to have.
You are left holding paper rather than gold in COMEX contracts or ETF shares. These paper gold investments serve a purpose for the government, and that is to help prop up the falling dollar.
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! - 23212
Smart investors are getting into gold coins, gold bars, and gold bullion as the inflation rate rises to 10.2%. To protect yourself from rising inflation, its important to be invested in gold bullion, gold ingots, and gold bullion coins.
If you have not seen the gold price lately, it is going to the moon. The demand continues to surge as worried investors seek shelter. Many countries China, India, and Russia are diversifying out of dollars and into gold bullion. The IMF recently sold 200 tons of gold bricks to Indias central bank.
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 mined each year is 2,600 tons, and the amount of above ground gold sits at about--0,000 tons. That does not cover the demand situation and is only a 2% increase in the supply each year. The supply is actually short of demand each year by 1,400 tons due to the demand of 4,000 tons each year. Gold has been selling at or below the cost of production until this recent surge in metals prices.
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?
Due to the low prices in gold and silver, mine supply has decreased by close to 10%. Seeing how the fundamentals for gold show that the demand outweighs the supply and has for a long time, then why has the gold price been suppressed until recently?
Supply and demand have not played a part in these markets since price manipulation has been occurring. Even though the price of gold has risen to current levels of $1,140/oz, the inflation adjusted price puts gold at around $7,000/oz.
Paper gold is a source of price suppression. Paper gold includes futures contracts, ETFs, and other investments. These give you the exposure to the price of gold, and not the real gold.
Even though you can request physical delivery of the gold bullion on the COMEX, some investors have complained of receiving cash settlements or ETF shares instead. The COMEX does not have the gold they claim to have.
You are left holding paper rather than gold in COMEX contracts or ETF shares. These paper gold investments serve a purpose for the government, and that is to help prop up the falling dollar.
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! - 23212
posted by X - Men @ 5:59 AM
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