The Bottom Line - Buy Gold

The rest of this site will be filled with analysis and clippings to support what I'm saying.  But my advice here is my basic message.  If you have a short attention span, Just Click Here Now and open an account at BullionVault.  They'll even give you a free gram of gold.  When you're happy with how it works, buy some real, allocated gold bullion of your own. 

I'm not affiliated with BullionVault except in the way I'm suggesting you be.  I'm a happy customer. (If you arrive from one of my links, I'll get a miniscule commission if you buy.  You can do the same with others.) 

My gold has increased over 200% since I bought it, and it just keeps rising faster.  Yeah, gold's expensive now.  That's because the "smart money" figured this stuff out from the fundamentals, a few years ago, saw what was coming, and started buying gold back when it was $325 an ounce.  And now, yeah, it's over $800.    But that's not because of today's troubles.  

It's because the smart money thinks it's about to get a lot worse.

Think about it.  If the market thought this was the worst it would get, wouldn't gold be dropping? Or holding steady?  Well, it's not.  Every bit of bad news on oil prices, Middle Eastern unrest, hurricane season, or the falling US dollar IMMEDIATELY raises gold prices again.  I've been watching.  But don't take MY word for it -- here's what BullionVault's chart shows over the last 5 years:

But making money on gold's rise is speculation.   And I am not encouraging you to speculate with your savings.  Don't put more than you can afford to lose into ANY speculative investment, including gold.

Gold, in normal times, isn't even a great investment, since it costs money to store and protect.  

But we are about to see abnormal times.  The dollar, like all token currency, bases its value on unquestioning faith, not on any actual commodity.   When that faith begins to falter, when Soylent Greenback turns out to be nothing but people, holding dollars is a gamble too. 

At that time, even gold on a slow decline is a better bet than a failing currency.

But it has to be real, physical gold. Otherwise, it's just someone's debt to you.  And when things are collapsing, people (and governments and banks) tend to default.  To get an idea of my perspective, take a look at this excellent background:

gold versus paper in history

gold as a portfolio hedge

why not gold futures or index funds

I'll keep watching, and keep posting analysis here for you, on this site. (You'll feel smart for buying, but even smarter to have a good guess when to sell.)   But in the meantime, if you have a positive bank balance, I have three suggestions for you:

• Sell any stocks you may have.  Dow at 13,000 is the last of a dying bull market.
• Buy gold, and diversify the rest of your savings OUT of US dollars.
• Buy oil index funds to capitalize on the inevitable rises in oil prices from now on.

 If you're in debt, add this suggestion: 

• Move to a place you can afford the mortgage on, right now.  Sell whatever you need to (even your wide-screen TV) to get out of debt.  And then,  if there's any left, buy some gold.

Why are you not hearing this from anyone else?

By the time the media takes this cry up, it will be too late^[1]  Gold will be at its peak price, and it won't be a good idea to buy more.  Nor will it be possible for most people. 

But the financial insiders have been saying it for over 4 years now.  See the quotes on the right-hand side of the screen.  Or these:

• Forbes Magazine
• Peter Millar
• Bill Bonner
• Richard Daughty