NEWS » China and India are buying gold like

The fact of the matter is that the only way to fully ensure your money is safe is to invest it in a currency that will not go down like Gold.


When saving for the future you need to consider what your money will be worth when you get to the stage of retirement. In the coming years it is going to get much more expensive to have the same quality of life as you could have today.


Below is a brief guide to the workings of inflation:


Imagine for a moment that the total money supply in the United States was only $1 Million Dollars. And imagine you owned 10% of it Patriots N'Keal Harry Jersey , which is $100,000.00 鈥?that would mean you would be extremely wealthy correct?


Now think about your $100,000 and how you would feel if someone increased the money supply by 10 trillion. You would no longer be wealthy. It is a sad fact that over the previous 90 years this exact scenario has occured in over 30 other countries.


We have just given you a short scenario of how exactally inflation works and how it can devestate countries rapidly. Since 2009 our precious dollar has blown up by $2.68 trillion dollars infront of our faces. There are no signs of this inflation coming to an end meaning our dollar is becoming worthless.


The reality with this is that anything paper-based, such as stocks Patriots Stephon Gilmore Jersey , bonds, mutual funds etc鈥?are all going to feel the effects of inflation. Therefore, none of these options are safe.


If your IRA or 401k is reliant upon stocks or mutual funds, you can be wiped out overnight Patriots Julian Edelman Jersey , just like so many hard-working people were in 2008.


All of these people would have had no worries if they had put some of their money in precious metals.


when you are dealing with and holding onto treasury notes or bonds you will only get a fixed return each year. As inflation spirals faster than the return on these assets, they become much less valuable.


Buying power is crashing and you can see that with just a quick glance at the factors here. Now when we look at Gold it could be not be any different.


Traditional GOLD IRA – You will not incurr any penatlys or taxes if you transfer from a traditional Gold IRA.


Roth GOLD IRA – You can transfer an existing Roth IRA to a Gold Roth IRA with no penalties or taxes.


401(k) – If your 401k is with a previous employer, it is eligible to be converted to a Gold IRA.


Gold is by far the safest investment in times like these.


– There are many actual uses that Gold carries throughout the real world in things like satelite navigation units, computers and mobiles. Gold is also used by NASA in their spacecrafts and has extensive uses throughout the industry.


– Gold is a safeguard against irresponsible governments.


– Gold cannot be manufactured.


– Gold has intrinsic value.


– Gold works.


Many countries are now buying Gold


China and India are buying gold like crazy. A whopping 52% of the worlds Gold was consumed by them in 2010. And in 2011 Jordan Richards Color Rush Jersey , increases in demand from China and India have driven a 7.5 percent increase in demand for gold jewelry during the first half of the year, so people still see it as one of the excellent ways to invest money despite a 25 percent increase in the price.

Bad spellers of the world untie.


Ways to Invest


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