Gold : You want it, You need it, Must have the Precious-sss
You want the Precious. Always you are looking for it. And the Precious is wanting to go back to You...
You fell in Goldum's cave and here the precious metal you are looking for can be found, Gold coins and bars. The Lord of Trading accepts the APMEX -American Precious Metals Exchange- the largest and most trusted online provider of precious metal bullion and has partenered with.
Invest in Gold the precious metal the legendary George Soros has called the Ultimate Bubble as he doubled his position at the end of 2009. Jim Sinclair, one of the most trusted precious metals expert even see it at $5000 per ounce in his famous Jim Sinclair's mineset blog. As it hit new all-time high in September 2010, a Bloomberg survey of 29 financial investors, traders and analysts have predicted that gold may rally as high as $1,500.00 in 2011.
Sauros the Bear Lord and our fellow blogger can't help reminding us on a regular basis in his blog the rationale for his physical Gold position in bars and coins initiated in 2008. To summarize:
- Gold is a safe haven
- Gold as a commodity benefits from USD weakness
- Gold is a hedge against inflation
- Gold as an alternate currency to the EUR benefits from the weakness of the single currency
During the crisis, a lot of Hedge Funds managers purchased physical gold for their personal account because the future contracts and the ETFs sell much more gold than what they own and are able to deliver, it means that during an extreme market shock, only the physical may count and in the case of a financial armageddon, you want to be hedged!
The other thing is the purchase of gold though a future contract, spread betting or a forex broker, the minimum exposure may be of 10 oz, 100 oz or more meaning investments of more than respectively $10,000, $100,000. Physically, you are able to get an exposure as low as 1 oz (=1 coin) or even less.
Feel free to purchase Gold coins and bars from Goldum's cave, we promise the Lord of Trading won't send you the Nazguls to take them back!
Find a wide selection of investment grade gold bullion available 24/7 with over 3,500 high-value, high-demand products from which to choose with our partner :