Money Games Information

A few months or even weeks ago, gold seemed like a great investment. Now some things may have changed and people are wondering, "Should I still buy gold?"

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Gold is still a very good investment and here’s why. First of all, though we have elected a new President and the bailout seems to be going forward, these are still time of great uncertainty. It seems that every time we get a bit of good news and the market starts to rally, it quickly returns to its downward spiral, and no one knows where the bottom is, yet. We also don’t know if the bailout is a cure or a curse. That sounds like a very big gamble to me.

If you want an idea of where we are going, take a look at the past. It is a cinch that people fail to learn from the past, in fact, it was the great economist, Kenneth Galbraith, who said that market crashes are inevitable because the investing public has a short memory so every thirty years or so, a new crop of suckers, (his words, not mine) are born. A new group buys into the market as a wonderful money machine and thinks all they have to do is invest their savings and they will retire millionaires. Well sometimes that happens, and sometimes it doesn’t.

Fear and greed are the two main factors that drive the market and right now they are working together to drive it over a cliff. As I write this the price of oil is $60 a barrel, down from its recent high of $147. If that kind of swing, volatility, of such a huge commodity doesn’t have you concerned about the markets, then you are sleeping.

As I said previously, just look at the past to see where we are going. When the Great Depression hit, it didn’t come as a surprise to many people. Some top economists had predicted it and there had also been several panics that were halted by interventions. Like the early rumblings of an earthquake, they were clear warnings of what was to come, and yet many people left their money in the market thinking that the interventions would solve everything.

As history has proven, the intervention by such great and powerful men as the banker, Mitchell and Durante, the founder of GMC, did nothing but lure more to leave their money in the market until it was too late. Don’t make the same mistakes they did and don’t be fooled by the moves of some great investors. They are no different than Durante and many others who were considered the financial geniuses of their times. Now, this very day, in my opinion, is the time to buy precious metals.

Buying gold is easy and makes great sense. Find out how to buy and store it and more about protecting your wealth at http://howtobuygold.homestead.com/index.html Don’t wait until it’s too late, get the facts today.

In 1967, the government of South Africa minted the gold krugerrand to increase the marketing of South African gold. Although the krugerrand is considered as legal currency in South Africa, it is rarely used for that purpose. Instead, it has become a favorite of coin collectors all over the world, known as "medal coins." This was the first coin to be valued at the monetary value of gold, or the current rate of gold prices. For example, a U.S. silver dollar is worth exactly one dollar unless it is unusual in some way that makes it more valuable to collectors. The krugerrand was originally a one-ounce piece of 22 carat gold with no monetary value imprinted on it; its value is based upon the market gold price that frequently fluctuates. Today krugerrands are made in a variety of weights, including half-ounce, quarter-ounce and one-tenth ounce.

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Coin dealers and collectors often obtain krugerrands through estate sales. The price that the dealer or collector will pay depends upon the current gold market price on that particular day. For example, imagine that a family man invests in buying 100 krugerrands when the gold prices are $300 per ounce. When the man dies ten years later, the value of the krugerrands will be based upon gold prices at that time. Like any investment, buying gold krugerrands is never a "sure thing." When the man dies, gold may be priced at $150 per ounce, meaning that the family will have lost money on the investment. However, gold prices may well be $700 per ounce, giving the family a sizeable return on the investment if they decide to sell the krugerrands. In cases like this, probate attorneys recommend that surviving heirs consult a coin dealer about the fluctuation of gold prices; knowing when to sell and when to hang on is a matter that requires professional consultation.

If you buy gold krugerrands as an investment, keep in mind that these coins are 22 carat gold; an extremely high grade in quality. Pure gold, at 24 carats, is too soft to be minted so it is "cut" with various amounts of metal to make it hard enough to mint. Novice investors often make the mistake of comparing the gold prices for jewelry items made from 18, 14, or 12 carat gold with the gold price or market value of the 22 carat krugerrand. All gold is not created equal!

The South African krugerrand was the prototype model for other one-ounce coins like the Canadian Gold Maple Leaf, the Australian Nugget, the Mexican Gold Peso, and the United States Golden Eagle. Since these coins are not as widely available as investments as the krugerrand is, they are sometimes subjects of counterfeiting. Have a coin consultant investigate the current gold price, the authenticity of the coin, and the coin’s carat weight.

Ben Harmon has been collecting Krugerrands since his grandfather first gave him one when he was eight years old. You can read more about this fascinating coin at Gold Krugerrand Ferret.

Most people don’t understand how Gold works, how to buy it or where, where are the most inexpensive places to purchase it, etc.. If you try to learn all this on your own you’re liable to make a lot of mistakes in the process. The Private Gold Investing Gold Investments Home Study Course was designed to help you navigate through this deadly mine field so you don’t get inappropriately taken advantage of. If you are talented you really stand to make a lot of extra income in this industry. It’s all about getting started, there’s nothing like trying it and picking up some experience.

Is Gold a Good Investment?

Excuse me, but it’s a little concerning when individuals think they can just sit on the couch, view some television, and get independently wealthy. We realize that you can in due course, but at the outset, you have to work and according to the Guide to Private Gold Investing Gold Investments sales page, this is no different. The enlightening news is, he says you won’t have to do a plethora of work, but enough to start the ball in motion before you can sit back on your most favorable couch and enjoy life.

How long does it take to earn a lot of supplementary money with Gold As An Investment and assuming you’re dealing with the Best Gold Investment Online? We aren’t sure, but as we continue to dig down the Easy Gold Investment sales page, we have a feeling he’s going to share that with us soon. The main idea is that these Online Gold Investment Strategies have been taken through their paces, tested, and tested some more. So it’s not some crazy idea that someone came up with one evening and made a decision to transform it into a digital system to make money from it whether the system worked or not. According to the info we found, it works to a "T".

Education You Will Receive With the Guide to Private Gold Investing Course

Well, about half way down the page you’ll find a series of benefits that will come with this informational product. They first talk about all the advantages of investing in gold as opposed to other avenues you see everyday. From there they talk about giving you specific instructions on how to invest in this no matter what skill level you are, meaning if this is your first time around then it will still work.

Assessing adverse risk is without notice a primary concern when deciding if you want to put up your hard earned money as an investment, and according to the Manuals On Gold as an Investment they teach you how to make sure your Investment in Gold pays off for you, along with managing your business portfolio, and basically understanding anything and everything about the industry itself. Very likely their most remarkable argument is that you can go from novice to becoming a master in a matter of hours just from reading over all the info that the Guide to Private Gold Investing System has to teach you regarding how to do business in this industry.

Our Overall Review

Once you get to the argument where they explain everything that is delivered with the course, you’ll soon understand this system is jam packed with good, useful real-time info. While they simply illustrate to you twenty differing points, they boast about how there is much more to this training. We found that it was delightful to see a sales page that deals with questions and answers. Basically helping you avoid obstacles that you would be thinking about after you finished the purchase for this product. This eliminates lots of initial consumer fear and apprehension.

Individuals are literally flooded with different goals and ambitions, and these are what drives peoples decisions. So we can’t let you know if the Private Gold Investing Gold Investments Home Study Course is for you or not. All we can say are two things. In our personal experience this has worked for us and helped us build some nice balance in our portfolio. We also have friends and associates who have Invested In Gold and they swear by it. It’s a secure vehicle that will never disappear and will work in any economic climate. But in the end your soul and mind will have to make the ultimate decision of this is the best thing for you right now. Whatever independent decision you make, we wish you the best of luck.

With the gold price dropping to the upper $700 range the question is where will it go next? If you purchased investment gold when the gold price was around $900 you must be sweating bullets by now and are most likely saying…"Oh No!"

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But, some gold investors are positioned in a way that they can say, "Oh Well", even if the gold price were to drop to the $500 levels of 2006.

How can they be so calm? Let me explain.

It has to do with the way you buy your gold. If you buy at full spot price, you are setting yourself up for disaster. If you buy it at 50% or lower than spot price you have a far less possibility of risk and will not have to sweat when the gold price takes a plunge.

You may wonder how in the world you can buy gold at 50% or lower than spot price.

Read on and I’ll tell you!

In 2007 alone there was over 1000 metric tons of gold recycled as scrap, about 30 billion dollars in value to be exact. This recycled gold came from people who sold their unwanted gold items such as old jewelry, class rings, scrap dental gold, watches etc. People you may even know and most likely people right in your own neighborhood, is where it came from.

Most of this scrap gold was purchased by pawn shops and coin dealers, who pay only a fraction of spot gold price when they buy. But, a certain percentage of this scrap was purchased by investors in gold, and at the same low prices that pawn shops and coin dealers pay.

The process is simple. Through the use of business cards, or some type of promotion, get the word out that you buy scrap gold. After you buy several ounces just ship it off to a precious metals refinery and collect you payment in the form of gold bullion bars or coins, whichever you prefer.

The result, investment gold at prices far below spot gold price.

Then if you wake up one day, check the gold price and find it dropped to $500, you can say, "Oh Well."

Jeff Sneeringer, author of the "Gold Investment System", is an expert on the subject of Smart Gold Investing. For over 20 years he’s been buying and selling precious metals for profit and investment. He now devotes much of his time teaching people how to own investment gold with little or no money invested.