- Gold IRAs
- Coin Catalog
- History of Gold
What analysts are saying
- Steve Forbes "A return to the gold standard by the United States within the next five years now seems likely, because that move would help the nation..." Human Events: "Forbes Predicts U.S. Gold Standard Within 5 Years" (5/11/2011)
- John Embry - $100.00 (no period cited) "We haven't even really seen money start to significantly flow into hard assets... it's going to have an outsized impact on the price [of silver and gold.]... King World News (July 2011)
- Doug Casey - $5,000 (by end of 2013) "Gold could hit $5,000 an ounce in the next couple of years, as paper currencies in the United States, Europe, and Japan drop in value..." Mineweb (03/2011)
- Tom Fitzpatrick - $100.00 (no period cited) "While the high so far this year was at the same level as the peak in January 1980, we are not convinced that the long-term trend is over yet." Bloomberg (July 2011)
- Hal Lehr - $2,000 (in 2011) "Gold, which reached a record on May 2, may surge a further 30 percent by  as investors seek to protect themselves from 'economic uncertainty'..." Bloomberg (5/2011)
- Peter Krauth - $250 (no period cited) "...silver prices could reach as high as $250 per ounce before the silver bull finally stops running." Commodity Online (May 2011)
- Robert McEwen - $5,000 (by end of 2015) "Gold is a favored asset relative to equities and other assets. In times of financial stress, you have people going towards precious metals and hard assets..." CNBC (4/2011)
- Dr. Stephen Leeb - $200 (by August 2013) "My guess is that 24 months from now, that silver coin you are holding that you bought for $35 or $40, you are going to see a $200 tag on it." King World News (August 2011)
- John Paulson - $4,000 (in 3-5 years) "Gold prices could go as high as $4,000 an ounce over the next three to five years, as the U.S. and U.K. flood the money supply." Wall Street Journal (5/2011)
- David Morgan - $75 (no period cited) "The next leg up [for silver] could take out the $50/oz. level after a few tries and then not look back until establishing a new nominal level of $65/oz. - $75/oz. Silver demand is growing for both industry and as an investment." The Gold Report (August 2011)
- Jim Sinclair - $5,000 "Looking for a major upturn in gold as soon as June and targeting $5,000 as a longer term objective." Mineweb (5/2011)
- Charles Oliver - $50 to $100 (next few years) "...the long-term story for precious metals is still very firmly intact." Reuters (May 2011)
- Christopher Wyke - $2,000 (by 2012) "Gold has been going up for the past ten years, but we think gold is going to continue to rally over at least next five years..." Professional Advisor (3/2011)
- Louise Yamada - $2,000 (in next year) "Gold looks fine as it is moving to a new high. Gold remains in a structural bull market that was initiated in 2002." King World News (3/2011)
- Peter Krauth - $86.75 "An important metric to understand and watch is the silver-to-gold ratio. It tells you how many ounces of silver it takes to buy one ounce of gold..." Silver Price Forecast" (12/2/2010)
- Mac Slavo - $50.00 "Based on just the supply/demand equations, the price of silver should continue to rise and approach its historical silver-to-gold ratio..." Silver Will Be Worth More Than Gold" (12/31/2010)
How To Invest In Gold
The trick to knowing how to invest in gold is to know that you can handle the risk. The clich as good as gold suggests that gold is something of a sure thing when it comes to investments. But, while gold and other physical assets remain a solid investment choice, when it comes to investing theres no such thing as a sure thing.
Part of your gold allocation should be in real, physical gold that is in your possession. You can purchase gold coins or bullion from precious metal dealers. Obviously, you will need to give good thought to where and how you will store your gold and protect it from theft or loss. An important part of knowing how to invest in gold is knowing where to purchase and where to store your gold.
You can also consider buyingan ETF, or an exchange traded fund, a portfolio of stocks or bonds that are traded like regular stocks, that attempt to track the spot (or buying/selling) price of gold. You can purchase these ETFs (such as GLD) like any other stock through your brokerage account.
A good option is to trust those who know how to invest in gold and make their living in this practice day in and day out. You can consider creating an account with a company likeUnited Gold Direct. United Gold Direct allows you to purchase gold with cash (wire transfer is common and accepted) and keep your account balance in gold, stored at our Security Center. You can also have the gold or silver shipped directly to your door, which will allow you immediate accessibility to your precious metal. We do suggest that you keep the asset under lock and key, rather than as coin or bullion in a closet, etc.
Speculating on the price of gold can be as risky as can any other form of investment. Instead of using gold as a move-in, move-out investment, use it as a hedge against inflation, insurance if you will, and a way to gain additional diversification in your investment portfolio. The beautiful thing about gold is that it is very hard to manipulate its price, especially over time. Stocks, bonds, and evencurrenciescan be manipulated by political powers through monetary policy and government action. Gold will keep its value through a wide range of economic scenarios which is one reason it is so appealing during an economic downturn such as the one we are currently enduring. As such, it can be held in order to insure against risks to your other assets.
Now, just like you should not put all your eggs in one basket for a specific stock, you should not be betting the farm on an increase in the price of gold either. Liquidating all of your assets and buying gold would be a little extreme. Instead, insure your assets and your purchasing power by allocating a percentage of your assets in precious metals such as gold. Most experts recommend allocating somewhere in the range of 10%-30% of your assets. Consult with your financial advisor and tell them you would like to work with United Gold Direct to add to the diversification and balance of your portfolio.