Saturday, December 26, 2009

Why Gold Investing is Crucial - One Man's Opinion

Why Gold Investing is Crucial
By Brent Lichtman

Gold investing is going to be the only investing in a short while. Wait just a minute, you exclaim! What in the world are you talking about? How could gold investing be the only investing? That makes no sense at all! Well, the answer to that question may seem like it doesn't come from this world, and that is partly correct. The world as we know it is about to change and gold investing is going to become the only investing!

The U.S. Dollar is being destroyed by the government and the Federal Reserve. The policy that the Fed has introduced, quantitative easing, is going to insure inflation in the the years ahead and for years to come. Gold will be the beneficiary of this misguided policy and that is why gold investing will be the only investing for the next couple of years.

Gold is real money, real wealth. The reason that gold is real wealth is because it is in limited supply, in great demand and it cost a lot to coax it out of the ground. In essence it is the anti-fiat currency. It is the direct opposite of everything that paper money is. Fiat currencies are printed for next to nothing and they can be expanded on a whim. Governments can do whatever they want with paper money and pass the consequences on to the taxpayer with out calling it a tax increase. The best of both worlds for the bloated ever expanding government. This is one more reason why, soon, gold investing will be the only investing.

Now is the time to be gold investing, because the dollars that are put into gold now will come back triple fold. Physical gold, coins and gold bullion, are your security blanket that will keep you warm when things get cold out there. Investing in gold stocks allows you to leverage your money and go for the moon shot when the dollar really takes a dive!

Most people are never willing to see the dramatic changes that are on the horizon, but rather prefer to live in the world of it can't happen here. Those that venture into the world of gold investing and stay the course, will reap substantial rewards in the very near future. In the old days the standard was to have 10 percent of your portfolio in precious metals. The times have changed and a more realistic percentage would be 50 percent if not more. It is always wise to remember that the trend is your friend, and right now the trend is changing to gold investing!