Buy Gold To Protect Yourself

By Garrett Strong

When you are trying to figure out how to buy gold or why you should buy gold, it is important to note several things. First, inflation is rearing its ugly head and governments won't stop until the dollar is completely devalued. Second, we are in the midst of major bailouts, layoffs, Ponzi schemes, and sky high unemployment.

Gold should be at the top of all investors lists right now. Just 8 years ago the gold price was at about $250/ounce. That price has steadily risen to over $1,100/ounce. For a one ounce gold coin there has been an increase of 400% in value. Are there any other investments out there making those returns, while at the same time being a hedge against inflation?

If you are going to argue that your paper investments (i.e. stocks, bonds, derivatives) made 400% returns, then you obviously aren't factoring in the falling dollar. Even though the Dow Jones is showing noticeable increases, it is quietly crashing under our noses and most people aren't even aware of it.

As the Dow peaks over 10,000 we are seeing a queit crash. How can this be? Many experts claim that we may see the Dow reach 20,000 and even 40,000. The problem is that even if the Dow goes to those levels, the dollar is losing value at an even faster pace.

The U.S. dollar index, which measures the value of the dollar against a basket of currencies, has fallen below 76. This is very bad business for those invested in dollars. Many expert economists believe that by next year the USDX will fall to 65, and the next year it will fall to 55. Many even believe it will go as low as 40.

This is the real world and this collapse of the dollar is really happening. Gold and silver will be your hedge against inflation. The dollar as the world's reserve currency is coming to an end. In fact, the dollar may not even be around in five years.

This is the greatest bull market that the world has ever seen. Fiat paper currencies are being inflated all around the world, and we are in the middle of some very bad economic times. The unemployment rate is growing and our dollars are being evaporated into thin air.

The gold price is expected to reach $7,000/oz just to compensate for inflation. This bull market has just begun, and our government is going to do all they can to keep you uninformed. They will not promote gold and silver to citizens because if people get out of dollar related assets, as they should, then the dollar is doomed.

If you can afford gold bullion and silver bullion, then do so quickly. If you are like most then it may be unaffordable to buy gold bars or buy silver bars. A good alternative is to buy American Gold Eagle Coins or buy American Silver Eagle Coins.

God bless. - 30294

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