You had better act quickly if you want to buy gold or silver.
A rally is already in progress and the price of precious metals is likely to explode next year in 2009 when your average investor realises that the inflation cannot be stopped. The general public will begin buying up gold and silver as solid and secure investments over the coming months. Investors are looking for safe havens for their hard earned cash.
House prices are falling, Shares are a risk unless you are prepared to stay in the game for a long period of time, Savings accounts are less attractive with the interest rates falling. Take a look at the performance of gold over the last year compared to the FTSE 100 and you will see that gold has been bucking the trend.
I know that Ill be putting some money into precious metals and I suggest you look at this option carefully as a secure investment vehicle.
IF YOU’RE LOOKING to store wealth in something both rare and secure today, you will find nothing to match gold.
Gold always tends to reward cautious savers in times of financial stress, because it is both hard to destroy and tightly supplied.
In short, it is the very opposite of debt.
Gold doesn’t corrode or tarnish, and it’s relatively useless to industry. That’s why almost all of the entire stock of gold mined over the last 4,000 years remains unused today. It exists as either jewelry or bullion, both of which act to store wealth and value.
The world’s total store of gold now stands near 160,000 tonnes. But the metal is so dense that, if formed into a single a cube, it would have an edge barely 22 yards in length.
That wouldn’t even cover a tennis court!
Gold vs. Paper-Money Inflation
New gold is being found and mined today at the rate of some 2,600 tonnes per annum.
That’s a modest increase of 1.6% per year to the above-ground supply. And critically for the value of gold, this annual growth-rate lies beyond the power of politicians or investment banks to increase.
The supply of Euros, in contrast — the most hawkishly-managed major world currency right now — is currently expanding by 11.5% per year.
Thanks to this tight supply, gold grew its purchasing power more than nine times over during the 1970s — the last worldwide surge in inflation. In terms of business assets, it rose 23 times over by the start of 1980 as measured against the Dow Jones Industrial Average.
During the financial collapse of the 1930s — but this time amid a deflation caused by half of all banks in the United States failing — gold bought 17 times as many financial assets as it did before the Great Crash of 1929.
Now debt defaults and inflation are working together today, forcing a fresh crisis in the value of money. Gold has already risen three-fold against the New York stock market since early 2000. It’s recently turned higher in terms of residential and commercial real estate, too.
Time to Buy Gold?
Gold doesn’t care whether a financial collapse destroys the value of money (inflation) or the value of debt (deflation). Its unique characteristics — indestructibility and tight supply — mean its owners can thrive amid either.
But that doesn’t make gold a “forever” investment. Gold will always lose value during stable periods of strong economic growth.
Over the twenty years to 2000, for example, gold lost 95% of its value in terms of US real estate. So it’s no surprise that, as a proportion of world investment portfolios, gold fell from around 2% to effectively zero.
The trend in gold prices finally turned higher at the start of this decade, just as Gordon Brown — now the British prime minister — sold half the UK’s national gold reserves at less than $300 an ounce.
Since then gold has trebled and more. But this gain remains small in the context of previous gold trends. It’s also been limited by Western governments persuading their citizens that “core” inflation in the cost of living is running at just 2% per year or below.
These official CPI figures, of course, exclude the cost of housing, mortgages, taxes, fuel and saving for retirement. But this trick cannot go un-noticed forever.
New Investment in Gold
New gold investment will continue to grow if the world’s major currencies — gold’s main competition as a store of value — plunge into the inflationary spiral that many economists fear.
Until there’s a dramatic change in monetary policy, the over-supply of Dollars, Euros and Yen look set to keep pushing gold prices higher. And it took a dramatic change in central-bank policy to finally kill gold’s last inflation-led surge.
At the start of the 1980s, the Federal Reserve pushed US interest rates up to 18% and above, restoring the world’s confidence in its currency and kick-starting the “long boom” of the next 20 years.
Could America survive such strong medicine now? Would Ben Bernanke even dare risk it?
If you think the world’s central bankers are about to set interest rates far above the real rate of inflation, you should steer well clear of gold.
But if you fear for your savings — and you want to start investing in gold — you can start today, for free, at BullionVault.
Free Gold — Now Waiting for You in Zurich
How to Claim a Free Gram of Investment-Grade Gold Today
IF YOU LIKE buying low and enjoy selling high, then you can’t ignore this free gift of gold today.
“Gold rose 600% in the 1970s,” says Jim Rogers, world-famous fund manager and best-selling author of Adventure Capitalist.
“Then gold went down nearly every month for two years. Most people gave up.
“But then it went up another 850%.”
Gold just pulled back again in early 2008. But “that’s what happens in bull markets,” as Jim Rogers says. And buying gold to join this bull market now could prove very rewarding if his forecast comes good.
Why not find out for yourself — starting for free today?
Worth more than $27 at today’s prices, your free gram of gold is safe and secure inside a specialist vault in Zurich, Switzerland.
It’s yours if you’d like it, for free, today.
Accepting this gift won’t put you under any obligation to buy or sell in the future. Nor will BullionVault ever rent, sell or abuse your email address.
This free gift of gold is simply to show you how easy it is to own investment-grade gold outright in your name with no risk of default.
BullionVault offers you direct access to the same investment-grade gold as the professional gold market trades. This means you can also access the same low dealing and storage fees that professional gold traders enjoy, too.
Using BullionVault, you may buy and sell from as little as one gram of gold up to 20 kilos or more. All deals at BullionVault are settled immediately with gold that’s already safe and sound inside the vault.
Only ownership and cash ever change hand, reducing your dealing costs “dramatically” as the Financial Times recently put it.
You can claim your FREE gold bullion here today.
BullionVault’s online order-board also lets you quote prices and trade directly in Euros and Sterling, as well as in US Dollars.
So there’s a big saving here if you don’t have a US bank account, or you’d like to hold your savings in Euros while you wait for a dip in the gold market to get back in again. Because BullionVault cuts out the cost of currency exchange entirely.
The website’s full daily audit also shows that you own a unique quantity of investment-grade gold. Published each and every working day, this audit gives you a proven record of outright gold ownership, protecting your property rights against the financial performance of BullionVault, its suppliers and bank.
And your free gram of gold? It’s part of a large 400-ounce bar, warranted to be 99.5% pure gold or better. It’s sitting in a gold vault in Zurich right now, a vault used by professional gold dealers and banks, government agencies, global investment funds and ultra high net worth individuals.
You can now join them in owning investment-grade gold offshore in Switzerland. And choosing to own physical gold bullion, with no risk of default, might prove a valuable decision as today’s bubble in cheap debt explodes.
To claim your gram of FREE GOLD right now — and to start trading physical gold bullion on ultra-low fees — simply visit BullionVault here.