United Gold Direct
2945 Townsgate Road, Suite 200, CA 91361www. unitedgolddirect. com ***888. 502. 3222***
GOING FOR GOLD IN 2010
The struggling U. S. Dollar, inflation fears, strong demand forcommodities in general, and interest in “safe haven”investments have propelled gold and other precious metalsto prices not seen in decades. Where gold will go from hereremains unclear, but one thing is for certain: it remains theultimate hedge and world‟s reserve currency.
During the last major gold bull market – precipitated by theIran hostage crisis in the late 1970‟s – serious geopoliticaltensions and the prospect of runaway global inflation playedmajor roles in gold‟s rise from $300 per ounce to $850 perounce. As current prices flirt with the $1,000 plateau,some analysts are beginning to believe that the all-time inflation adjusted peak of $2,450 may not be out of the question.
Why Gold? Why now?
Buying and Selling GoldBuying precious metals is very simple, but if doneincorrectly, the results can be financially devastating. It isextremely important to buy precious metals from trustedand reputable sources in safe and secure transactions. At all times and in all circumstances gold and silver remainsmoney. Therefore, both gold and silver belongs in yourportfolio at all times and in all circumstances. We recommend a holdings between 10-20% of your assets to diversify in metals.
“You can transform your life and business in just seven minutes a day. ” If that statement makes you want to read on, consider yourself hooked. There are plenty of theories for the recent surge in gold prices, butas in many past rallies, a handful of common factors seem to be inplay, including:
Dollar Woes: With the U. S. Dollar in the midst of a months-longswoon against the major global currencies, many investors areturning to gold as a commodity that tends to move inverselywith the beleaguered greenback.
Inflation Hedge: High food and energy prices are creatingconcerns about the potential for soaring inflation. Gold is widelyviewed as a sensible hedge against inflation – a store of valueeven as the purchasing power of traditional currencies erodes.
Geopolitical Concerns: Gold has long been considered a “safehaven” investment during times turbulent and uncertain times,and with the constant threat of terrorism, rogue nations, andenergy shocks, many investors have been turning to preciousmetals.
Diversification: Many investors on the look-out for new ways tospread their money around a number of economic sectorsflocked to gold of late. The draw is due not to only gold‟sinherent attractiveness as a commodity component, but becauseit touches so many disparate areas of the economy – frominterest rates and the equities markets to investor sentimentand foreign exchange. Factors Driving the Price of Gold Higher:Inflation adjusted peak of $2,450 an ounce may soon be a reality. On May 20, 1999, Alan Greenspan testified before Congress,”Gold is always accepted and is the ultimate means ofpayment and is perceived to be an element of stability in thecurrency and in the ultimate value of the currency and thathistorically has always been the reason why governments holdgold. “Typically, gold is considered relatively inexpensive when 3 orfewer ounces need to match the level of the Dow JonesIndustrial Average (DJIA). Today, by this standard, the price ofgold appears to be relatively low with roughly four times thisnumber of ounces of the yellow metal needed to match theDJIA. Just to provide some historical context, in 1929, justbefore the Wall Street Crash, it took 18 ounces of gold to buythe DJIA, but within three years, it took just two ounces of goldto buy the „Dow‟. In 1966, the ratio surged to 28 ounces, butby 1980, one ounce of gold bought the DJIA. Finally, in July of1999, at the height of the dotcom stock market frenzy, it took44 ounces of gold to buy the DJIA. Gold vs. the Dow ; vs. Crude Oil:Ounces of gold to buy DJIAAdditionally, gold also has traded historically at prices between15 and 20 times the price of a barrel of crude oil. Some analystsfeel that the current gold-to-crude ratio which is far below itslong-term average – signals that gold appears to be relativelyundervalued relative to crude and could be poised to movehigher. Ask yourself:Do you expect your retirement portfolio togrow if everything around us is gettingworse?
If the economy were to collapse, wouldyou prefer to have an account full of paperor an account full of gold?
If you are one of the many who lostbetween 20% to 50% of their wealth to therecession, how do you expect to recoverwhat you lost? Or get back to even?
Here is the Answer:Precious Metals – Physical Gold and Silver Coins/Bars Precious metals have had an average annualreturn of 32% since 2001 and Will likely continue its upward trend as the printing press doesn’t seem to be stopping anytime soon. For more information, please visit us as www. unitedgolddirect. com or contact us at888. 502. 3222United Gold Direct | Going for Gold
By Adam Blaser
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