Gold Great Investment
Thursday, August 27, 2009 19:36Since the beginning of time as I will show you gold has gone up in value and continues to do so and the changing world economy is making Gold a very safe, and a very profitable investment.
Gold in 200 B.C. Rome, where an ounce of gold you could have purchased a toga, a leather belt, and even afine pair of sandals.
Gold continued to increase in value of the next 200 years while real estate, and the Roman Currency, and investments declined. You could have still bought a fine wardrobe and had Gold left over by spending a ounce of Gold.
To show you how over time Gold continues to increase if you bought an ounce of gold in 301A.D. for 833.33 denari the same ounce of Gold 23 years later would have been worth 4,350 denari an increase of over 422%. An if you had kept your ounce of gold just a few more years until 337A.D. it would have been worth 275,000 denari which is a huge gain and if you think Roman times are the only time gold has kept and greatly increased its value you would be mistaken.
To give you an idea if you had invested in Gold in the late 1800′s and had bought $1,000 in gold today that same gold would be worth $47,651 which is an increase in value of over 4,600%
Another example of Gold increasing in value if you had purchased $2,000 in Gold in 1933 – in the depths of the great depression today that Gold would be worth over $95,000
If you had invested in Gold as late as 8 years ago, and bought $1,000 worth of Gold it would be worth $3,860 today which is a huge return on your investment. If you compare this to each $1,000 invested in the stock market 8 years ago that now is worth around $700. Even if you invested in Gold 6 months ago you would have already netted a gain of $400 for each $1,000 invested.
The facts is in this changing world economy you need to put your money where it will make you the largest returns and Gold is a very good and secure and profitable investment, for the reasons I am going to share with you.
The first reason that Gold investing is a very good place to put your money is the over $1,75 trillion dollar debt, and they are already saying that with the stimulus package and aggressive spending planned spending and the deficit will grow and the value of dollar will continue to decline.
Another compelling reason to buy Gold is that when the dollar drops the price of Gold goes up and the dollar is and has been on a long term decline for a while now, and is down almost 14% lower than it was only 3 1/2 years ago against the Euro. The dollar also recently had the single worst day since 1971, which is a very good reason to invest in Gold as it is a universal currency and not tied to the dollar or any other currency.
There are many compelling reasons for people to buy and invest in Gold and another very good reason is the Department of the Interior says that only about 50,000 tons of proven gold reserves are left in the ground world wide. The law of simple supply and demand will tell you that with the increasing demand for Gold and the decreasing supply the coast or value of Gold will continue to soar.
Another very good reason for investing in Gold is that in 2008 demand for world Gold investment jumped 64%, and demand for physical bars and coins jumped 87% causing shortages around the world of Gold to meet the growing demand. The demand for Gold Coins was so great nationally that the US Mint suspended sales of the American Eagle Gold Coins, and the South African Refinery did same with the Krugerrand, and likewise so did Australia’s Perth Mint with their Gold Coins. So you can see that investors across the world are seeing the need and value in investing in Gold as a stable and good investment.
Another very good reason to invest in Gold rather than stocks and bonds at this time is many think that Fed Chairman Ben Bernanke and the G20 nations are working together to devalue paper monies not only the US Dollar but the other paper currencies in G20 nations. Since Fed Chairman Ben Bernanke has been in charge the dollar has already decreased 30%, and Gold has been steadily increasing and some say it will possibly go as high as $5,300 if the G20 nations and Fed Chairman Ben Bernanke proceed with their plan. You may think it is not possible but in the 1930′s during the great depression Franklin Roosevelt, confiscated Gold from citizens of the US and raised the price 70% to restart asset reflation. It is said that Fed Chairman Ben Bernanke and the G 20 nations are devaluing paper money and then will monetize Gold based on the Debt and if they agree to a value Gold at even 10% of the US Bad debt then Gold will be worth just over $5,300 an ounce.
It does not matter what comparison you look at or what you believe Gold is and has always been a very good and safe investment, and you have the potential to make more than you could in any other investment in direct Gold investments and Gold IRA’s as well.
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