Mike


i don’t know if you know, but if you don’t the price for gold is higher now.
i just want to know if that means that is i had a gold chain that i got for $500 last year, could i sell it for more now?

Tim H


There is a currency investment that follows the price of gold so and advertisement say,s. What would it be?

David Morgan


How Investing in Precious Metals Will Help Baby Boomers

Retire Comfortably Without Fear

By David Morgan 

October 24, 2008

How Investing in Precious Metals Will Help Baby Boomers Retire Comfortably Without Fear

Baby boomers, with every year that you get older, do you become more and more afraid of retiring?

I don’t blame you at all.

The worldwide economic slowdown epidemic that is forcing homeowners into foreclosure, halting consumer spending, driving up credit card bills and crashing stock exchanges on a global basis are seriously hurting many baby boomers’ plans for retirement.

Many boomers have become very fearful of their future because they were relying on their 401Ks and IRAs for a comfortable retirement. Now, they’re watching their profits freefalling downward. Many boomer investors are now seeing lots of red in their portfolios – so how can they retire?

In other words, if baby boomers aren’t adding to their wealth and if their asset values are falling, their chances of a comfortable retirement are quickly diminishing.

So, what can you do?

Simply change the way you fund your retirement. Start diversifying wisely!

Two Alarming Reports That Should Convince All Baby Boomers to Change the Way They Invest in Their Retirement Plans





A recent S&P report, which calls Americans “dangerously unprepared for retirement,” notes that the poor performance of asset markets in recent years is hitting the piggy banks of even those most primed for retirement. The S&P 500 Index, for example, is on track to have its worst decade performance since the Great Depression!

 





In an AARP survey, fifty percent of the respondents said the value of their 401(k) accounts and other investments had dropped over the past 12 months. One-quarter of retirees said their golden-years income had fallen in tandem with interest rates.





·        How You Should Invest in Your IRAs and 401Ks If You Want to Avoid Retiring Poor

You should fund your Individual Retirement Accounts (IRAs) and 401Ks with physical gold and silver. Yet very few investors are aware of this fact.

Here’s why you should diversify your retirement portfolio with precious metals:





Precious metals are exempt from all capital gains taxes, so if your investments perform well over a long period of time, it can result in huge savings. 

 





Precious metals normally rise during periods of unsettling events such as wars, terrorism, inflation, deflation, downturns in the stock market and the US dollar.

 





Precious metals usually yield large profits in no matter the circumstances.





What Makes Investing in Gold and Silver Unique

When you invest in gold and silver you can take physical possession of the actual gold or silver when you make your withdrawals.  That’s correct!  You can cash out in real honest-to-goodness gold and silver instead of fiat dollars.  This is the most important feature of all.  Down the road, in this generational bull market in gold and silver, the odds are in your favor that you will want and need the physicals when it’s time to access your investment.

How to Get Started in Investing in Gold and Silver in Your IRAs and 401Ks

Once you decide that you want to include precious metals in your retirement planning, you need to determine how much you want to invest.

How much you invest depends on:





Your annual contribution





Your personal goals





Your individual investment philosophy





Three other factors to consider are:





Your age





Total assets





Risk tolerance





Very few institutions are set up to handle the precious metals component of retirement plans. One of the leaders in the field that I personally recommend using is GoldStar Trust Company.  They serve as custodian for approximately 20,000 self-directed IRAs with assets in excess of $700 million.  One thing to note is that GoldStar is not a coin dealer, but it will work with dealers who buy and sell precious metal coins and bullion for your IRA on your instructions.

Setting up a self-directed IRA with a company like GoldStar is easy. And, there are only three steps to follow:

1. Submit the paperwork.

2. Fund the account.

3. Direct your broker which precious metals to buy.

So, start investing in gold. Start investing in silver. And start investing in other precious metals unless you want to continue having to drink a bottle of Maalox every night because you’re so afraid of the future. Follow my advice in this article, in my book “Get the Skinny on Silver Investing” and on my website, http://www.silver-investor.com and you will retire comfortably without fear.

It is an honor to be,

David Morgan

 

Lisa


Do precious metals increase in value as the dollar drops??

Monty Guild


Today, Morgan Stanley put out a number of comprehensive analyses discussing the demand for commodities and the outlook for some mining companies. In short, they remain bullish on many, but not all base metals and energy commodities, and the main reason is demand from China.

Those of you who have followed us for the last several years should know that this is an old theme for us, but one which is gaining more and more currency with investors globally. When big firms with a global following are pushing 75 page research reports to their wealthy clients about the demand from China and India for base metals and energy, you know a lot of buying will follow in these areas.

By the way, they raised their price objective for gold and the platinum group metals for 2007 and 2008 as well. We believe a large part of the increased demand for precious metals will come from the increased purchases by Chinese and other Asians [especially Indians] as they grow in wealth.

All of this continues to argue for a long-term increase in the huge quantity of assets, which will be invested in these areas in coming years. By these areas, we mean precious metals, energy and base metals.

Once the freight train of big money gets rolling into an investment theme, it is hard to stop.

For more information on global investment opportunities visit http://www.howtoinvestglobally.com For more information on Guild investment management services visit http://www.guildinvestment.com Guild Investment Management, Inc., is a registered investment advisor. All material presented herein is believed to be reliable. Investment recommendations and opinions expressed in these reports may change without prior notice. You can also read our past periodic market and economic commentary articles by going to the Commentary Archive on our web site www.guildinvestment.com.

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Guild’s current and past market commentaries are protected by copyright. Apart from any use permitted under the Copyright Act, you must not copy, frame, modify, transmit or distribute the market commentaries, without seeking the prior consent of Guild.

Kaytee


Lately there are many articles about the upcoming catastrophy after the baby boomers retire; financial analysts are saying that Social Security and Medicare are going broke and the US economy is going to be in deep crisis. Therefore, they advise to invest in real estate, precious metals of foreign stocks. Do you think they are making too much fuss about it?

scottshearer38


I’m curious why my CIBC precious metal funds are going down so radically when the price of gold is so high?

Absolutely Dude


I found an investment online called “Partner Fund” this combines commodities, real estate, precious metals (gold, silver) and foreign exchange. The account on average earns about 10% interest per month. there is a one time entrance fee of 10%. Do you know of a better investment? I have $8,000 to put in…
here is the website if found this investment at, I had to contact them for most of the information.

http://www.plateofgold.com

Grand Rapids E


With the world markets in turmoil typically gold rallies in times on uncertainty. I know the dollar has strengthened but I would have expected the flow out of the world markets would have offset the strength of the US dollar. Any ideas, is there anybody out there that is in the precious metals commodity markets?

Kevin Huffman


During these times of economic hardship, there is a high demand for stable and reliable investments. Both experienced and novice investors are turning to precious metals, and more specifically gold bullion as a way to add stability to their portfolio. Gold has been recognized as a status symbol for centuries, from the times of the ancient Greeks and Romans through to the modern day. It is highly sought after, and maintains its value through recessions and even depressions in the economy. It is a universally accepted currency, is highly durable, and will not wear out passing form hand to hand. Here we will outline how you can add gold to your portfolio.

To understand how to invest in gold, you must first understand how the price of gold is determined. The standard benchmark price for gold is the London Gold Fixing. It is set twice daily by telephone by the five members of the London Gold Pool. Like most other forms of investments, gold prices will fluctuate through supply and demand cycles. However, because the world’s total supply of gold is relatively finite the price is more susceptible to acts of hoarding and disposing. We find in general that gold becomes more desirable during the following situations, war and national crisis, bank failures and dramatic drops in real estate prices. Many people invest in gold simply because they do not trust normal currency and see gold bullion as a form of safety net.

There are many ways to invest in gold, which includes either direct ownership, or indirect ownership through stocks, shares or other accounts. If you wish to own gold directly you can choose to place it in a safe deposit bank inside your home. The disadvantage to this is if your home is burgled or suffers a disaster you will lose your investment. There are safer forms of direct ownership, such as placing the gold in a larger pool with a bank or dealer. Some even choose to select an offshore dealer to ensure higher security. The most traditional form of gold bullion is gold bars and gold coins. Gold bars are sold in various sizes depending on the country. Because gold bars are difficult to transport most Swiss banks offer gold accounts. In these accounts you can buy and sell the gold just like any other form of foreign currency.

So next time you are evaluating your investment portfolio, consider gold bullion as a way to add stability and further your peace of find.