Friday, December 31, 2010

Get Paid In GOLD

Gold is safe in times of crisis




You would have to have been living under a rock to be unaware of the financial crisis sweeping the western world in recent years. Iceland, Greece, Germany, United Kingdom, Italy, Portugal, Spain, United States, Canada; almost every major country is experiencing either collapse or near collapse of its financial system. Representatives of the Federal Reserve Bank have publicly declared that the Fed has lost its ability to influence the US economy as it has done so successfully in the past.
The way to neutralize this present threat and return to yourself the value of your labor as represented in monetary terms, is to invest in the oldest store of wealth known to man - precious metals.

Investing in gold
For thousands of years, gold has been valued as a global currency, a commodity, an investment and simply an object of beauty. As financial markets developed rapidly during the 1980s and 1990s, gold receded into the background and many investors lost touch with this asset of last resort. Recent years have seen a striking increase in investor interest in gold.
Gold bullion is real, honest money...and, many say, the best form of money the world has ever known. Gold is rare, durable and does not wear out in the manner of lesser metals (or paper money!) when passed from hand to hand. A small amount, easily carried, can purchase a significant amount of goods and services. It is universally accepted and can easily be bought and sold around the world. Leading investors and economists such as Marc Faber, Peter Schiff, Warren Buffett and Robert Kiyosaki say that the economy hasn't reached rock bottom yet and will get much worse. They have been recommending that we keep from 5% to 20% of our assets in the form of flexible units of gold or silver, so we in the event of hyperinflation still can acquire essential goods and services.

Nicole Foss : Canada's real estate to collapse by 90 percent

Nicole Foss' deflationary viewpoint on the Canadian Real Estate Bubble, and how the impending popping of the bubble may implode the Canadian banks, similar to that of other countries.

Buy Gold on Upcoming Weakness - Lou Grasso

NEW YORK (TheStreet) -- Lou Grasso of Millenium Futures sees gold pulling back in January creating a buying opportunity.



Lou Grasso :..."...We are because I think that gold -- the reason we've had Iran has everything to do with the economies of the world with the the recession that we we bad economic policies in interest rates whole thing and I don't see really an end to that I don't see that any of the major economies of the world are getting their fiscal house in order so I think gold and silver can go just -- So what are your protective level or -- that your. Well I've been calling for gold to hit somewhere between fifteen to -- team and some 15100 obviously is right around the corner but I think usually January -- a slight -- So I think in that pullback could we get eight or 10% pullback good time to -- I think we will -- fifteen to. The 6050. By mid year. -- should -- hopefully not 18100 but it. Hopefully we do get -- fiscal house in order and start to do......
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