"Investing in Gold Bullion Is A Very Wise Decision"
China has recently made buying gold bullion very easy for its 1.33 billion citizens, and they are also encouraging it through the Pan Asia Gold Exchange. This rolling spot contract will completely change the former game in the physical gold market. How does this work? Unlike the US, Chinese citizens are now allowed to purchase 10 ounce gold contracts directly through their bank accounts. Imagine the wealth that is being built one account at a time. It's an unfair advantage in several ways. Buying gold not only has their citizens aware of the value of this practice, but it also turns it into a very positive fiscal habit. One that many Americans could benefit from.
You may want to consider this: if only 1% of Chinese bank customers purchased a single 10 ounce contract, it would equal 1,000 tons of physical gold. Imagine what the effects will be? The shorts are heavily leveraged and will have a difficult time covering the paper market. Also, these effects have not even been considered by analysts. The ramifications are very clear. And the Chinese are setting themselves up to accumulate wealth. This action will alter gold prices on gold exchanges globally. My advice would be to accumulate and store gold bullion now.
In Greece, there has been a mass buying of gold bullion. Their citizens are exchanging their savings accounts for this precious metal. Also, sales of gold coins have shot up. This action mirrors what their grandparents did during World War II. Gold is and always has been viewed as a safe haven. It's just recently that gold investments have been considered precautionary.
What might this all mean for the savvy investor? It means get out of paper financials and into tangible assets that historically have been a true safe haven. Take the action of accumulating gold in the same manner you would save money. Gold is money. It is also liquid and now is the time to own your fair share. Gold has always increased in value, especially in times of inflation. It has risen 450% in ten years and could easily climb to $8,000 an ounce or higher. And as a prudent investor, you can do one of three things. You can spend it, invest in more, or simply hold onto it.
Don't be hesitant with temporary pull backs in gold prices. Gold remains very bullish, and we will continue to see gold prices rise. If you have never invested in precious metals, the time is now. Check with your broker or money manager and invest a small portion of your portfolio in metals. It's a wise decision.
You may want to consider this: if only 1% of Chinese bank customers purchased a single 10 ounce contract, it would equal 1,000 tons of physical gold. Imagine what the effects will be? The shorts are heavily leveraged and will have a difficult time covering the paper market. Also, these effects have not even been considered by analysts. The ramifications are very clear. And the Chinese are setting themselves up to accumulate wealth. This action will alter gold prices on gold exchanges globally. My advice would be to accumulate and store gold bullion now.
In Greece, there has been a mass buying of gold bullion. Their citizens are exchanging their savings accounts for this precious metal. Also, sales of gold coins have shot up. This action mirrors what their grandparents did during World War II. Gold is and always has been viewed as a safe haven. It's just recently that gold investments have been considered precautionary.
What might this all mean for the savvy investor? It means get out of paper financials and into tangible assets that historically have been a true safe haven. Take the action of accumulating gold in the same manner you would save money. Gold is money. It is also liquid and now is the time to own your fair share. Gold has always increased in value, especially in times of inflation. It has risen 450% in ten years and could easily climb to $8,000 an ounce or higher. And as a prudent investor, you can do one of three things. You can spend it, invest in more, or simply hold onto it.
Don't be hesitant with temporary pull backs in gold prices. Gold remains very bullish, and we will continue to see gold prices rise. If you have never invested in precious metals, the time is now. Check with your broker or money manager and invest a small portion of your portfolio in metals. It's a wise decision.
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