- 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)
Why Gold? Why Now?
FACTS YOU NEED TO KNOW
From 1921 to 1981, gold and gold mining shares made up 25% of the world's financial assets and today they make up less than 1%. We currently live in a fiat world gone insane. Gold is real money, but the world has been brainwashed into believing pieces of paper backed by nothing are money.
When the world wakes up and realizes how fast fiat currencies are being debased, the world will lose trust in fiat currencies and will demand sound money. Gold would have to rise to $31,000 per ounce for gold assets to make up 25% of the world's financial assets and $10,000 if non-gold assets fell by 2/3 in value.
Gold has been recognized as real money for thousands of years. These past few decades have been the exception. All central banks are battling to devalue their currencies. The current fiat currency experiment is going to end in a complete disaster. Bernanke is going to create quantitative easing all the way to hyperinflation.
Gold is the ultimate safety asset because it is globally traded, tangible, durable, easily liquid, and finite in supply. It is the purest form of wealth. Gold has outperformed and outlasted every paper currency ever printed. Governments simply cannot manipulate it, and the fed obviously cannot print Gold. Metals have no debts, no board of directors, no derivatives exposure and best of all, absolutely zero counter-party risk. That's why gold has survived every economy in history, and preserved investors' purchase power over a span of over 5000 years.
The US dollar will continue to lose significant value over time due to excess government spending and our rapidly growing US National Debt. The dollar has lost more than 25% of its purchasing power since 2001. Central banks around the world have turned from "net sellers" to "net buyers" of gold for the first time in over 20 years, driven by Chinese stockpiling and worries of a global currency crisis.
Since 2002, the U.S. dollar index has lost 23% while, during this same time period, gold has gained more than 350%. With excess government spending, the U.S. dollar will continue to lose purchasing power as the more money you print, the less the currency is eventually worth.
The average life span of a paper currency is 85 years. The U.S. dollar is now on borrowed time. Inevitably, the dollar will become worth less and less until one day it becomes absolutely worthless. We are now accumulating more than $$ ONE MILLION DOLLARS PER DAY $$ in interest alone. The dollar is nothing more than a promise to pay and I.O.U. Dollars are printed and Gold is minted. Which one would you prefer to have during a global currency crisis?