If the World is Dumping Dollars, Why Are You Saving Them?
In his latest Conspiracy of the Rich Bulletin, Robert Kiyosaki gives some frightening insight into how the world’s central banks are preparing for the collapse of the dollar – and how you can too. Don’t get caught in the coming financial storm! Find out how to find your financial high ground.
On November 3, the International Monetary Fund sold India 2,000 tons of gold for $6.7 billion. What is interesting is that India purchased the gold at the highest price in history. In other words, they do not care what the price of gold is. They simply do not want counterfeit money. This purchase makes India’s Central Bank, the 9th largest holder of gold.
– Excerpt from Robert’s Conspiracy of the Rich Bulletin
Learn how to protect yourself from the dollar’s demise today.
Read Robert's latest post here: http://conspiracyoftherich.com/
Wednesday, November 18, 2009
Saturday, November 7, 2009
Learn How To Buy Gold As An Investment
Learn How To Buy Gold As An Investment
Author: Bruce LipskiIf investors want to buys stocks or bonds, they can call up their brokers and quickly make the purchase. They can also buy stocks online with the push of a button. Commodities such as gold and silver, however, are more difficult to buy because of the the complicated way in which they trade through futures and options markets.
Whatever the current price of gold is, many people wish to learn how to invest in gold. Metals such as gold and silver are called commodities and they are more complicated than stocks for the normal investor because there are different ways you can invest in them.
Luckily, investing in gold is one of the easier commodities to invest in. One option is that you can invest in gold coins that are obtained from a dealer and from some banks. If you do this, though, you will have to find a safe way to store the gold. Many people who have gold store it in bank safe deposit boxes. This seems to be the most secure method of storage.
The second way to invest in gold is to buy an ETF. Exchange traded funds work much like stocks and they can be bought and sold any time the stock market is open. These funds mirror the price of gold and so even though you do not directly own any gold, you have a fund that has exposure to it. Investing in gold through ETF's is probably the easiest method and the most recommended method of gold investment for the average investor.
The third and most complicated way to invest in gold is to trade futures and options in the commodities market. This takes a lot of knowledge and experience to know what you are doing and it is not advised for the normal investor. Trading futures and options is something that you learn how to do over time and it is not usual for most gold investors to take this route.
Investing in gold is not as intimidating as it sounds. Usually people can easily buy ETF's and this is by far the most popular way. As the current price of gold fluctuates, these ETF funds go up and down correspondingly. If you like to have the physical gold in your hands you can always buy it but then the safety issue comes into play. Whichever method or methods you use for your investments in gold, you will still have the benefits of owning the most treasured metal in earth's history.
Learn more about why you might want to invest in gold at my web site Current Price Of Gold. Also find out were to get cash for gold by selling all your unwanted old jewelry.
Article Source: ArticlesBase.com - Learn How To Buy Gold As An Investment
Monday, November 2, 2009
Why the price of gold is rising
Gold prices have been rising for eight years
The price of gold continues to set new records.
The precious metal reached a record high of more than $1,065 an ounce on Tuesday morning.
WHY HAVE GOLD PRICES REACHED SUCH HIGHS?
There are several factors at play which are leading to demand for gold rising, pushing up the price:
Weakness of the dollar: The greenback is commonly seen as the World's reserve currency. Low interest rates and the US government's massive economic support package have weakened the dollar.
Those who would typically have invested in that currency are looking for other places to put their money where it will, they hope, gain value.
Speculation: A lot of the investment into gold is coming from institutions such as hedge funds - whose money needs to go somewhere.
When banks are offering very low rates of interest on savings - and money can be borrowed extremely cheaply - gold becomes attractive, observers say.
Inflation risk: Gold is seen as a hedge against inflation. Right now, inflation is pretty low, but mounting worries about potential inflation in 2010 may be enticing more investors to the precious metal.
Psychological: Gold has a "primeval" quality argues Adrian Ash of UK online gold exchange, BullionVault.com (which makes its money when customers buy and sell gold).
He says that while it is essentially a "lump of metal with little purpose", gold tends to hold its value over the long term and is not anchored to the value of cash.
This means that people are drawn to it in uncertain times, Mr Ash adds, though he cautions the price can be volatile.
Seasonal: In Western cultures, individuals buying into gold as an investment remains relatively rare. It is not the kind of advice you are likely to get from a financial adviser, for example.
However, in countries such as China and India, buying gold as in investment is more common. And at this time of year, in the run-up to the Diwali festival, there is a seasonal increase in gold purchases because the metal is traditionally given as a gift.
Indian farmers are also big gold customers at this time of year - seeing it as a way of keep their profits safe after harvest - free from threat of currency fluctuations.
DOES THE PRICE OF GOLD REALLY MATTER?
The reality for most people is that their main contact with Gold is when Spandau Ballet gets played on the radio.
Arguably its biggest role is as a sentiment barometer. A high gold price is an indicator that all is not well with the global economy.
It could be bad news if you are looking for an engagement ring or another piece of jewellery. Higher prices are likely to be passed on to shoppers.
On the other hand, it could be good news if you have gold that you no longer want and could do with making some money.
The rising price has seen an explosion in "scrap gold dealing" - where High Street shops and postal companies will offer to turn the gold into cash.
We should not get too carried away, however. When inflation is taken into account, gold is half the value it reached in 1980 in real terms, when it peaked at the equivalent of $2,350
Article Source;
http://news.bbc.co.uk/2/hi/business/8295464.stm
The price of gold continues to set new records.
The precious metal reached a record high of more than $1,065 an ounce on Tuesday morning.
WHY HAVE GOLD PRICES REACHED SUCH HIGHS?
There are several factors at play which are leading to demand for gold rising, pushing up the price:
Weakness of the dollar: The greenback is commonly seen as the World's reserve currency. Low interest rates and the US government's massive economic support package have weakened the dollar.
Those who would typically have invested in that currency are looking for other places to put their money where it will, they hope, gain value.
Speculation: A lot of the investment into gold is coming from institutions such as hedge funds - whose money needs to go somewhere.
When banks are offering very low rates of interest on savings - and money can be borrowed extremely cheaply - gold becomes attractive, observers say.
Inflation risk: Gold is seen as a hedge against inflation. Right now, inflation is pretty low, but mounting worries about potential inflation in 2010 may be enticing more investors to the precious metal.
Psychological: Gold has a "primeval" quality argues Adrian Ash of UK online gold exchange, BullionVault.com (which makes its money when customers buy and sell gold).
He says that while it is essentially a "lump of metal with little purpose", gold tends to hold its value over the long term and is not anchored to the value of cash.
This means that people are drawn to it in uncertain times, Mr Ash adds, though he cautions the price can be volatile.
Seasonal: In Western cultures, individuals buying into gold as an investment remains relatively rare. It is not the kind of advice you are likely to get from a financial adviser, for example.
However, in countries such as China and India, buying gold as in investment is more common. And at this time of year, in the run-up to the Diwali festival, there is a seasonal increase in gold purchases because the metal is traditionally given as a gift.
Indian farmers are also big gold customers at this time of year - seeing it as a way of keep their profits safe after harvest - free from threat of currency fluctuations.
DOES THE PRICE OF GOLD REALLY MATTER?
The reality for most people is that their main contact with Gold is when Spandau Ballet gets played on the radio.
Arguably its biggest role is as a sentiment barometer. A high gold price is an indicator that all is not well with the global economy.
It could be bad news if you are looking for an engagement ring or another piece of jewellery. Higher prices are likely to be passed on to shoppers.
On the other hand, it could be good news if you have gold that you no longer want and could do with making some money.
The rising price has seen an explosion in "scrap gold dealing" - where High Street shops and postal companies will offer to turn the gold into cash.
We should not get too carried away, however. When inflation is taken into account, gold is half the value it reached in 1980 in real terms, when it peaked at the equivalent of $2,350
Article Source;
http://news.bbc.co.uk/2/hi/business/8295464.stm
Thursday, October 22, 2009
Affiliate Gold - Website Publisher.
The advice here can help you make money on affiliate program, maybe even as amuch as a few thousand a month. Click here to learn more Affiliate Gold - Website Publisher.
Wednesday, October 21, 2009
Turn you money into Gold not Trash!
Different people value gold in different ways and has lot meaning to them, some are emotionally attached to their gold while some might hate it, some use it a investment even as a currency too.
Since young I did not have any affinity and liking for gold. Many people have presented gold ring and chains to me but I always end up giving it to others. Only recently realized the true value of gold and started to learn more about this precious metal and come to realize that gold is the real money and all those man made moneys that are circulating are fake money! I was really ignorant about it and this truth is not thought in any schools and no one has talked about it. This is a hidden secret kept by those who knew it! While the poor although value this precious metal but, only as jewelry with emotion attached. We never considered it as a investment to get richer and the most importantly as a alternative currency (true money).
The only experience I had is when my family pawn gold for quick cash! Although this a better than borrowing money from someone else or from loan shark!, it only got us poorer! Gold when pawned will become a liability not an asset! Because it take money out of your pocket. The riddle is how to make gold to put money into your pocket thus becoming an asset for you. If you keep many jewelries but if it did not put money into you pocket it is still not an asset. Yes of course you can sell it to gain cash but it still not an asset until you sale it which many would not due to emotions attached to it.
So how to get more value out of gold? Well as for me gold should be use to bit inflation and to offset declining value of our currencies. The golden question is how to turn you money into something more value, instead spending and making your cash into a trash. Yes cash is trash!
Well if you are thinking on "investing" in gold - for cash!, What are gold-advocates doing investing in gold, or even worse, trading in gold, when all they will get out of it is what they already know will soon be worth less?
Cash is trash. If you're angling for cash, you are asking to crash.
If you "invest" (medium to long term) in gold, you'll get back trash.
If you "trade" (short term) in gold, you'll get back what soon will be trash.
Only if you buy and hold physical gold will you get value in exchange for trash.
Which one is the better bargain?
Yes, of course, cash is what we pay our bills with, so we all need it. But accumulating physical gold is the absolute best way to deal with the current (and future) situation. All currencies will depreciate against gold.
You work to make money. You spend what you need to spend, and the rest you use to buy gold. Do this every month, from now on. When you lose your job or need to liquidate some gold because you don't have enough trash to buy whatever you need in the future, liquidate only what you need, and keep building your "hoard" whenever you can.
By all means, buy some good gold and silver stocks, too - especially of companies that keep metal on reserve instead of cash. Maybe invest in a gold ETF. But make physical your mainstay. That way, you build value. If you don't trade gold, you deprive the enemies of gold of their number-one weapon.
And, what's more, you don't get wobbly knees every time gold dips a bit because some CB official somewhere is spitting hot air at the markets.
Currencies are in a downward spiral; even the "strong ones" will eventually follow. The dollar is no longer as pivotal to the world monetary system as it once was only a few years ago. Because of that, gold is no longer as "repressed" as it once was. It is still being "managed", to be sure, but the direction is now slowly upwards. It is no longer being suppressed at all costs.
That's why gold is not an "investment". It needs to be held for its own sake, not to make a stash of trash.
A suggestion: if your fingers are itchy, and you just have to trade something because it's so exciting, trade stocks. That way, at least you won't play into the hands of the bullion and central banks in their attempts to make gold look like trash - for the time being.
Then, if you're lucky and win in the stock-trading casino, take your winnings off the table and put them into gold. Physical gold, that is. But, when it comes to gold itself, the best advice is:
Don't trade it.
Don't "invest" in it.
Just buy it!
Got gold? Get gold! Go gold!
Since young I did not have any affinity and liking for gold. Many people have presented gold ring and chains to me but I always end up giving it to others. Only recently realized the true value of gold and started to learn more about this precious metal and come to realize that gold is the real money and all those man made moneys that are circulating are fake money! I was really ignorant about it and this truth is not thought in any schools and no one has talked about it. This is a hidden secret kept by those who knew it! While the poor although value this precious metal but, only as jewelry with emotion attached. We never considered it as a investment to get richer and the most importantly as a alternative currency (true money).
The only experience I had is when my family pawn gold for quick cash! Although this a better than borrowing money from someone else or from loan shark!, it only got us poorer! Gold when pawned will become a liability not an asset! Because it take money out of your pocket. The riddle is how to make gold to put money into your pocket thus becoming an asset for you. If you keep many jewelries but if it did not put money into you pocket it is still not an asset. Yes of course you can sell it to gain cash but it still not an asset until you sale it which many would not due to emotions attached to it.
So how to get more value out of gold? Well as for me gold should be use to bit inflation and to offset declining value of our currencies. The golden question is how to turn you money into something more value, instead spending and making your cash into a trash. Yes cash is trash!
Well if you are thinking on "investing" in gold - for cash!, What are gold-advocates doing investing in gold, or even worse, trading in gold, when all they will get out of it is what they already know will soon be worth less?
Cash is trash. If you're angling for cash, you are asking to crash.
If you "invest" (medium to long term) in gold, you'll get back trash.
If you "trade" (short term) in gold, you'll get back what soon will be trash.
Only if you buy and hold physical gold will you get value in exchange for trash.
Which one is the better bargain?
Yes, of course, cash is what we pay our bills with, so we all need it. But accumulating physical gold is the absolute best way to deal with the current (and future) situation. All currencies will depreciate against gold.
You work to make money. You spend what you need to spend, and the rest you use to buy gold. Do this every month, from now on. When you lose your job or need to liquidate some gold because you don't have enough trash to buy whatever you need in the future, liquidate only what you need, and keep building your "hoard" whenever you can.
By all means, buy some good gold and silver stocks, too - especially of companies that keep metal on reserve instead of cash. Maybe invest in a gold ETF. But make physical your mainstay. That way, you build value. If you don't trade gold, you deprive the enemies of gold of their number-one weapon.
And, what's more, you don't get wobbly knees every time gold dips a bit because some CB official somewhere is spitting hot air at the markets.
Currencies are in a downward spiral; even the "strong ones" will eventually follow. The dollar is no longer as pivotal to the world monetary system as it once was only a few years ago. Because of that, gold is no longer as "repressed" as it once was. It is still being "managed", to be sure, but the direction is now slowly upwards. It is no longer being suppressed at all costs.
That's why gold is not an "investment". It needs to be held for its own sake, not to make a stash of trash.
A suggestion: if your fingers are itchy, and you just have to trade something because it's so exciting, trade stocks. That way, at least you won't play into the hands of the bullion and central banks in their attempts to make gold look like trash - for the time being.
Then, if you're lucky and win in the stock-trading casino, take your winnings off the table and put them into gold. Physical gold, that is. But, when it comes to gold itself, the best advice is:
Don't trade it.
Don't "invest" in it.
Just buy it!
Got gold? Get gold! Go gold!
Coming Soon!
1. The real truth about money, currency and gold "the real money".
2. Bank Savings or Gold? Which will make richer?
3. Gold investement made simple!
2. Bank Savings or Gold? Which will make richer?
3. Gold investement made simple!
Tuesday, October 20, 2009
My First Gold Biscuit
Today, for the first time I change my cash into gold. The rate was 119RM per gram. I bought my first 5g 99.99 % pure gold biscuit, for a start.
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