goldcurrencies

Today we show that gold is still cheap and that we're still early in the gold bull market that began in 2001. The price of gold is now roughly the price of the all time previous gold high way back in 1980 when the price reached $875 per ounce. Of course, adjusted for inflation, $875 dollars then = $2100 dollars now. So you may be pondering the big question. Is it too late to buy gold at these prices? The simple answer is no, and let us explain why. In nominal dollars the price of gold has recently hit a new record high. But measuring the price of gold in nominal dollars is incorrect as this price does not take into account the last 30 years of inflation and the loss of purchasing power of the US dollar. We all know that the purchasing power of the US dollar back in 1980 was a lot more powerful than it is today. The current gold price is cheap if we adjust the current price for inflation. Estimates are that the current gold price should be between $2100 and $2300 ...

Gold as it is known is one of the most precious metals and one of the finest possessions from ages for the rich and the affluent and the common man alike. Gold becomes precious and valuable just for the finest qualities it has and the rarity of the metal. Gold has always been a measurement of wealth and authority since the beginning of civilization. Gold jewelry was a convenient means of both displaying one's wealth and a symbol of accumulated wealth. Throughout history gold has been a symbol of riches and wealth and a definite source of greed. Pure gold alias 24k Gold is metallic yellow in color, very flexible and soft metal in comparison with other elements. Gold is a very stable metal which stands the test of time and is not known to rust, fade, or diminish in quality, quantity or luster by aging. Being a soft metal, it is easy to work with and ideal for shaping into beautiful jewelry pieces. Gold for Jewelry purpose will be mixed with additional alloys to strengthen i...

It's not too late to invest in gold. Gold is up by 24% and is expected to go higher. Today, there are several reasons why you should invest in gold and paying attention to these reasons will help you feel comfortable about your investment. There are a lot of factors involved that are creating gold to skyrocket and these factors make buying gold a very good investment. The savvy investor will heed these economic conditions that make gold an attractive investment. At this time, owning a precious metals portfolio is a good idea. Below are some of the reasons why gold will increase in value and could rise to $2,000.00 an ounce. Economic Stimulus: Now, that the government has put trillions of dollars of stimulus money into banks and businesses to ward off a global recession, this excess money in the marketplace will eventually boost up prices for goods and services. This causes inflation and lowers the investors' confidence in paper money. Therefore, the investor will ...

The main difference between gold and silver is that gold is held by almost any country as a stabilization device for their currency. Therefore, gold has a special status; governments tend to keep the gold price stable or influence it by holding or selling deposits. Furthermore, gold is treated differently for taxation, being tax free in many countries. In the case of silver in some places the buyer has to pay taxes when purchasing silver - an amount that will be lost when selling. This has to be considered in profit calculations. As gold is a good and reliable form of investment, and there is still a huge price difference between gold and silver, it could be questionable if silver really could become an efficient investment to return profit. Only one kilo of gold today is worth as much as about 50 kilos of silver. The key is in how much silver and gold will be available in the future, and therefore if increasing silver and gold prices could retain the same relationship as...

Back in 1969, when Simon & Garfunkel recorded "Bridge over Troubled Water" the duo had a gut feeling that this song was going to make a very big splash. And they were right, as their recording went on to become a number-one hit (staying atop the charts for six weeks) - while being covered by literally dozens of other singers. Like Simon & Garfunkel, investors entering the gold market around 2001 have also scored a smash hit. Since then - quite simply - gold has performed in spectacular fashion. Even in 2008, when fears of a global financial meltdown drove virtually every asset class into the ground, gold alone held its relative value, actually rising that year by almost 5%. And the best news? It's an odd's on favorite that we are still early in what could prove to be an epic precious metals' bull run. Says Doug Casey, who wrote one of the top selling investment books of all time: "The easy money in precious metals and the mining stocks h...

You might think why should I invest in gold, it doesn't pay me an interest, it's not backed by the government such as US bonds and it's subjected to wild volatility. Oh! By the way it's at an all time high! Some people I talk to wonder if they've missed the boat in gold. They fear they've waited too long to buy gold stocks or there hasn't been a significant pullback in price to enter. When you look at the grand scheme of things, buying at these levels will be so insignificant 2-5 years ahead; gold is in a secular bull market. Buying gold as an investment for the purpose to preserve your wealth for what is too come is wise. Trading gold to make quick profits is not worth the stress; leave it up to the professional traders. I strongly believe the greatest wealth shift will happen in the coming years. It's not too late to buy gold; ask your friends and family about gold as an investment, more likely they are not interested or they don't kn...

To buy gold safely is the number one concern behind every conversation I had with gold buyers as a gold broker. After years of buying and selling gold, I can tell you that it is much more difficult than the industry would have you believe. In order to buy gold safely, you need to find someone you trust, someone who will put your needs first and sell you gold safely. The problem is whenever you discuss investing and safety...it becomes a discussion of opinions more than facts. In my experiences, this is even truer in gold investing than broadly traded stock or other more mainstream investments. So then, how do you buy gold safely? In a one sentence answer - you do all your research on the gold you want to buy before you make any calls to gold brokers. In my experience as a gold broker - the people who bought the gold that no industry insider would ever own, were those who decided they thought they should buy gold, then called a broker and discussed what that should...