View gold as Disaster insurance ? particularly of the monetary variety. Does Gold prices go up and down? Or the overall time frame keeps growing and keeps stable? $100.000 in 1932 is only worth the buying power of $2000. However $100.000 in gold in 1932, is worth almost 4.5 million dollars in buying power. Which one would you rather have? This is long term stability. You can?t look at what it does in a 2 year time frame. You must look at the big picture. GoldPotential/ Karatbars International also working on making their gold cards stable and inflation proof currency. The world is not going to end tomorrow, it?s good to have stocks, bonds, and real estate. These assets will do well if all does not go to Hell in a handbag. However, I also want insurance in case a potential disaster that some are predicting takes place. It is better to have it and not need it, than to need it and Not have it. People would likely flock to gold in a global financial disaster... and cause its price to soar, thereby, whoever is holding the Gold by acquiring in Now, will have the power to feed their family or invest in other things down the road to cover their bottom and perhaps live a very lucrative life. That is why it makes sense to buy gold as a form of insurance. Let?s not forget with Karatbars program, you have a very good potential to gain your Gold Bullion for Free by simply sharing this opportunity with others. Right now that cost is a falling gold price in the face of a strong dollar. When the dollar is strong, even if we are trillions in debt, then Gold prices goes down, artificially manipulated, that is what is happening currently. Again, the tides can change, Insure your wealth with Gold. If you think the dollar will always be strong... and that central bankers can do no wrong... owning gold as insurance makes no sense. If, on the other hand, you view the dollar rally as a temporary phenomenon... and global QE as a tight-wire act without any safety nets... owning some gold in your portfolio makes absolute sense.
Posted on: Fri, 14 Nov 2014 05:41:04 +0000
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