Long term gold price targets get more and more optimistic with some respected analysts seeing $10,000 gold ahead – this may seem unlikely but only a few years ago $1,000 gold seemed out of sight!
Read the full story here: Gold to $10,000.
Wednesday, November 7, 2012
Wednesday, October 3, 2012
Everyone Loves Gold These Days…
Everyone loves gold these days. Deutsche Bank sees $2,000 gold soon. And Citi says it could go to $2,500 in six months.
BofA, too -- the firm recently initiated a $2,400 target price for the shiny yellow metal since the Fed's announcement of open-ended bond buying.
However, BofA analyst Stephen Suttmeier thinks there's a case to be made that gold goes even higher than the bank's official call.
Everyone likes to pick a gold price number, but nobody really knows for sure what it's going to be. All I can tell you is that a free-market gold price has never existed in all of history...and if it was allowed to trade freely, the market-clearing price would make your eyes glaze over,
Silver also has a long way to go....if it could be allowed to trade freely we would see much higher prices too.
Al
Tuesday, June 19, 2012
When You Buy Gold - Be Sure To Take Physical Possession Of Your Investment
Friends,
Investing in gold, in my opinion, should be a priority. In fact, ten percent of your assets and personal savings should be in gold. However, don't fall into the misconception that investing in gold mines or gold exchange traded funds is the same thing. Nothing could be further from the truth.
My recommendation to own gold means buying the actual, physical, take possession of the yellow stuff.
Feel free to speculate in short term price changes and take chances with buying shares in gold mining, but don't consider that as part of your 10% gold investment.
The main reason to own gold is as a way to reduce the risk faced by investing in the stock market -- including bonds, mutual funds, ETFs, and foreign currencies.
Owning physical gold bullion also avoids the risks of companies having bad management, countries having political upheavals, companies facing labor problems, and investments harmed by tax and regulatory changes.
Gold is a good thing.
You can also benefit from the relative anonymity that comes with owning the metal. It's liquid anywhere in the world; everyone speaks gold.
Investing in gold, in my opinion, should be a priority. In fact, ten percent of your assets and personal savings should be in gold. However, don't fall into the misconception that investing in gold mines or gold exchange traded funds is the same thing. Nothing could be further from the truth.
My recommendation to own gold means buying the actual, physical, take possession of the yellow stuff.
Feel free to speculate in short term price changes and take chances with buying shares in gold mining, but don't consider that as part of your 10% gold investment.
The main reason to own gold is as a way to reduce the risk faced by investing in the stock market -- including bonds, mutual funds, ETFs, and foreign currencies.
Owning physical gold bullion also avoids the risks of companies having bad management, countries having political upheavals, companies facing labor problems, and investments harmed by tax and regulatory changes.
Gold is a good thing.
You can also benefit from the relative anonymity that comes with owning the metal. It's liquid anywhere in the world; everyone speaks gold.
Thursday, February 23, 2012
SILVER - the great precious metal bullion opportunity for 2012
Dear gold and silver bullion investor friends,
Silver today is a great opportunity. I see the metal as the perfect opportunity to get involved or to get re-involved with the precious metals markets. Take advantage of these markets now.
Below is an end of year pricing of gold over the last 11 years. It's an interesting study, as we watch the price going up and up and up. I feel that this has been caused by constant deterioration of paper currencies around the world, and it makes all those temporary ups and down irrelevant.
Demand for gold and silver appears to be renewing which will push prices to the upside.
The gold price for the last day in each year
2000 -- $273.602001 -- $279.002002 -- $348.20Al
2003 -- $416.10
2004 -- $438.40
2005 -- $518.90
2006 -- $638.00
2007 -- $838.00
2008 -- $889.00
2009 -- $1096.50
2010 -- $1421.40
2011 -- $1566.80
Tuesday, November 15, 2011
Collapse of MF Global And Its Direct Impact On You
An Unmitigated Disaster
Dear Friends,
MF Global -- one of the world's largest commodities brokers -- went bankrupt just a week ago. One of the amazing and undiscussed results is the failure of a huge commodities brokerage to protect the gold and silver assets of its direct customers.
Follow the link below to the unabridged and insightful words of Ted Butler, a world expert on buying and selling and owning silver. His words go right to the heart of the matter. Should you buy physical gold and silver? Should you just buy stocks in gold and silver funds? Should you buy gold and silver bars and store them safely in a place only you and your loved ones know about?
Often the true magnitude and impact of events as they happen is not completely realized at the moment they occur. Instead, people realize many years later that a significant event took place.
Read his article about the failure of MF Global and its impact on the methods for buying and selling gold and silver bullion: http://www.investmentrarities.com/ted_butler_comentary11-14-11.shtml
And many more articles on Ted Butler's website, http://www.butlerresearch.com/
Al
NEWS UPDATE: The money just disappeared. 1.6 billion gone -- or should I say stolen? In addition to the important article above, read this also: http://www.foxnews.com/politics/2012/02/23/investigators-probe-money-transfers-in-investigation-into-missing-mf-global/
NEWS UPDATE: The money just disappeared. 1.6 billion gone -- or should I say stolen? In addition to the important article above, read this also: http://www.foxnews.com/politics/2012/02/23/investigators-probe-money-transfers-in-investigation-into-missing-mf-global/
Thursday, October 27, 2011
Is Gold The Next Real Estate Bubble?
Dear friends,
As I write this, gold bullion in the last year has risen from $1313 to today's current price of $1743. That's a 32% rise. Is gold in a bubble? Will it fall by half in the next 6 months? Is gold really facing the next real estate collapse? We all know that in the financial markets anything is possible. Gold could fall, but I believe that is highly unlikely.
I read a lot of reports on the gold market, some written by market analysts and some by gold miners, and even more than that, we live gold here at Numis every day. For years we have sold, bought, and made loans on gold, silver, and platinum. We create jewelry and repair jewelry too! So I'm immersed in gold in all kinds of ways --- at the street level.
Here's an opinion claiming that in the minds of many, gold is replacing the world's monetary systems. A fascinating read. Thanks to the writer James Turk, founder of GoldMoney. Here's the link: http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2011/10/24_James_Turk_Report_-_Why_Gold_Will_Go_Above_%2411%2C000.html
As I write this, gold bullion in the last year has risen from $1313 to today's current price of $1743. That's a 32% rise. Is gold in a bubble? Will it fall by half in the next 6 months? Is gold really facing the next real estate collapse? We all know that in the financial markets anything is possible. Gold could fall, but I believe that is highly unlikely.
I read a lot of reports on the gold market, some written by market analysts and some by gold miners, and even more than that, we live gold here at Numis every day. For years we have sold, bought, and made loans on gold, silver, and platinum. We create jewelry and repair jewelry too! So I'm immersed in gold in all kinds of ways --- at the street level.
Here's an opinion claiming that in the minds of many, gold is replacing the world's monetary systems. A fascinating read. Thanks to the writer James Turk, founder of GoldMoney. Here's the link: http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2011/10/24_James_Turk_Report_-_Why_Gold_Will_Go_Above_%2411%2C000.html
Feel free to contact us if you have any questions.
Al
Wednesday, September 7, 2011
The CRAZY SECRET why the Wall Street Journal won't accurately report about the gold standard
Dear friends,
There is a CRAZY SECRET why the media is bashing and misinforming us about the gold standard.
The gold standard. What does it mean that it is a good idea to go back to that system?
Have you noticed that your friends and family and every media outlet is talking about gold and gold prices and the gold standard -- but no one really knows what they're talking about?
Why all the strange misinformation about the gold standard? Why is the mainstream media scaring us about going back to that system?
Is the solution to have a gold standard? And what is a gold standard? How would it look in our modern world of electronic payments?
If you value your freedom, read the following link.
Great info regarding the gold standard and how our lives and economy was affected when the gold standard was abandoned, and understand why the WALL STREET JOURNAL won't honestly talk about it:
Please read, and please think about it.
Al
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