Who Thinks Gold Is a Good Investment?

Question

Do you own gold as an investment?

Answer 1

P.S.   I Hope This Sheds a Little Light on This Subject, and I Thank You For the Opportunity to Share this with You and The Other Members Of This Site.  I Think this is a really great site and I Think it Will Be Great for Everyone Who Joins, I Certainly am going to Tell everyone I Know about this Site !  Thank You Richard Miller

Answer 2

I believe everyone should own gold as part of their investment portfolio. I have been a coin collector for a while and purchase gold and silver MS coins for my collection. I would not recommend this strategy for everyone and I would suggest silver and gold bullion (American Silver or Gold Eagles) for most people. Our government continues to print money making our fiat currency worth less and less and people should definetly be looking to gold and silver as part of their portfolio.
I would not be concerned with the confiscation of gold if you take physical possession of the bullion. The government tried this in the 30's with imposition of fines on people holding gold but most American's held onto their gold and eventually had a very valuable asset worth significantly more than they paid. I show people how to make money selling gold and silver coins. Go to my website @ http://www.numisone.com/ils401

Answer 3

I respect the knowledge that has already been shared here; however if I may add  some of Intrinsic Value:

Government backed currency can be confiscated and or devalued at any time, as the Government issueing that currency is always the OWNER!  You as a Collector or Investor are only the HOLDER { Gold Eagles, Maple Leafs, Kruggerands, ets., [ for many years my personal Kruggerands sat in the bank safety deposit box because they were illegal to sell in US or Europe, due to Apartide sanctions by US ].  

 Also Note: {most Government Minted Coins are only 22 KT}

However, under the Geneva Convention and the United Nations Charter, Personal ownership of Gold and silver is protected Internationally!  For centuries Royalty and the truly Wealthy have remained healthy financially because they hold personal Gold and Silver, which can be traded anywhere in the world, as liquid "Hard Cash." [ not devalued...per world market value.]  At present set by the London Gold Exchange internationally.

What is the difference?  Gold 24 Kt Bullion and Silver 99.999 Pure Coins or Wafers, especially Religious Commemoratives, have never been confiscated by any government, other than Nazi Germany!  Even when Gold ownership was considered illegal in the USA.

Holding Gold and Silver commemorative coins is wise as emergency funds.........tradable at any time; the reason all countries of the world are now buying.  China remoed their restrictions and have been urging their citizens to buy buy
buy............and they are trading US dollars for Gold Internationally...........That should be all the proof you need.........

Answer 4

I am conflicted about gold as an investment.  People call it a "10,000 year bubble" and that seems intuitively right to me, but it could still last a few thousand more years.

The thing that really confuses me about gold is the confiscation risk.  People use gold to hedge against financial panics and depreciating currencies, but in the Great Depression, the US federal government seized gold from private citizens at far-below market prices.  I don't see any reason to believe this couldn't happen again if things got bad enough, but that would obviously undercut the supposed value of gold, and I have no desire to store little lumps of gold under my bed to hedge against that scenario.

Would be interested to hear what others have to say.

Answer 5

Money equals debt. When government spends more than it collects in taxes, it has to make up the difference by issuing interest bearing IOU’s Think about how ridiculous our current monetary system really is. All our money is created by banks out of thin air and then gets lent out to people, governments, and organizations in addition to the almighty bail out that is funded by taxpayer money. Your money! The banks not only get back the original amount from the federal government, but get to loan out 10 times that amount which it doesn’t have, PLUS they get to charge interest on that money that never existed in the first place. Certainly a recipe for disaster and one that is completely unsustainable, it’s just taken us as a society almost 100 years to figure that one out! The day of reckoning is upon us. But luckily, the timing is still right to protect yourself from the falling dollar.You need to exchange fiat paper currency for gold and silver and you need to do it right now before the eventual total collapse of the US dollar.Gold bullion is the future and KB-Vision is at the forefront of that future with gold stored securely in a swiss vault, along with a business opportunity where you can earn while others in your organization buy gold as well. Learn how you can start a gold/silver savings account today and how to make gold your business with NO FEES, NO COSTS, and NO FEE STORAGE. Visit http://t.co/cCBQLv5 Today! NOW! Go! Just Do IT !  The US Goverment Can Not Confiscate Gold Stored in a Safe Deposit Box In The Bank Of Switzerland, While Your Money Dwendle's to Nothing and it takes More and more of it to Buy The Same Thing, My Money will Gain Value and Even if it stay's at The current Value I will Be In better Shape Than 98% of Those Who Don't own Gold. I'm Not Buying Gold to Make Money , I'm Buying Gold to Keep More of the Money I Already Have as Qe3 and 4 won't devalue My Gold as it will Your Paper that is Not Backed Buy Anything except a worthless Promise !!

Answer 6

I failed to add I am a licensed Gold Associate at www.YOUniqueWealth.com/TRUST,  my website has many training Videos and the history of Gold and silver. You can open a "Nest Egg Savings" Account to purchase Coins with a minimum Deposit of $50.00 per month {the Coins are delivered to you when Value is reached }.

  I am Also an Agent of Anglo Far East,[ Minimum Deposit $50,000 ] Younique's parent Bank.  You can invest your Self Directed 401 K's and IRA'S to invest with them, [ the oldest Private Holding Bank in the world,] whose vaults are in Switzerland and recognized by the Gold Exchange in London [ Younique Commemoratives are 1 of the 5 top recognized Collector Gold bullion Coins in the World, the "Joseph" Issue, Limited Edition now closed.]

I appreciate any inquiries: 

Beverly J Mether-Makela, CCFC

Mether-Makela Funding {since 1998}

MetherMakelaFunding@gmail.com  {My personal attention}

Answer 7

Mr Labanz you asked me for further information of my reference to the fact that Commemorative {Religious} coin and artifact ownership is protected under not only the United Nations Charter, but the Charter of the Geneva Convention.

I will refer anyone interested back to several links: http://youtu.be/_ME6X-mwLhc "Money Matters Part 2" live interview of

Philip Judge known Internationally as "The Bullion Banker" and Anglo Far East Financial Treasurer Simon Heapes.

as they Discuss the TESTS that need to be applied to the Private Ownership of Gold." Money Matters Part I" also talks about the relevance of Gold ownership in today's market.

http://youtu.be/jXI1Y7Q86rs

Both Links can also be found at Mether-Makela Funding facebook page:

https://www.facebook.com/pages/Mether-Makela-Funding/261952977149792

Thank you for your inquiry

Beverly J Mether-Makela, CCFC

 

Contact Beverly

 

Answer 8

I will refer anyone interested back to several links: http://youtu.be/_ME6X-mwLhc "Money Matters Part 2" live interview of

Philip Judge known Internationally as "The Bullion Banker" and Anglo Far East Financial Treasurer Simon Heapes.

as they Discuss the TESTS that need to be applied to the Private Ownership of Gold." Money Matters Part I" also talks about the relevance of Gold ownership in today's market.

http://youtu.be/jXI1Y7Q86rs

Both Links can also be found at Mether-Makela Funding facebook page:

https://www.facebook.com/pages/Mether-Makela-Funding/261952977149792

Thank you for your inquiry

Beverly J Mether-Makela, CCFC

Answer 9

 

 

The primary value of gold is its scarcity. If the supply of gold could be expected to constantly increase rapidly, its mystical value would decrease. Gold, as well as other precious and industrial metals, is abundant in sea water. Until now, man has not been able to extract gold from sea water at an expense that would make such extraction profitable. I have reason to believe that the technology to harvest vast amounts of gold and other important elements from sea water is now cost efficient. Gold is merely a commodity subject to the law of supply and demand, Once gold becomes sufficiently abundant, it will become apparent that value of fiat currency as well as the financial stability of the world is literally based on the good faith and credit of the United States.

 

I an looking forward to the day that we are freed from the mediaeval belief that value of money should be related to any particular physical item. Beware of worshiping gold. “In God We Trust.”

 

Answer 10

Charlie, "Study to show theyself approved rightly dividing 'Truth' scripture tells us.  Paper money becomes worthless the more and more our president prints, just as with other nations [ Germany during the world wars ].  Scripture also tells us "The Land is MINE (GOD'S), the Gold and the silver, and your INHERITENCE forever."....................Over the centuries only what GOD has created and ordained lasts as governments come and disappear!!!  Gold and Silver have remained "Hard Cash" tradable anywhere in the world for Food and Shelter, no matter what political program [ Government ] has been in Power.  Check out the Links I have in my answer above and educate yourself so you can help others.  Pass on your 'Gold Nuggets' verifiable facts that can help others.

Answer 11

O yes, also........All Gold in the World has been here since time began........none is being created as with other limited resources such as fossil fuels and even Diamonds [ Volcanic Pipes ].  Gold does not disappear, or wear away, and cannot be destroyed.  Why we value it so highly!!!  And what is here will be here until the earth is destroyed!  It is stronger the more you purify it in refineing fires.  Scripture says the streets of Heaven are of Translucent, transparent gold.  Haveing been a Diamond and precious metals "Specialst" for close to 40 years.  I recommend you research it and it's scientific and historic properties.  I believe you will find it an interesting study.

Answer 12

We currently feel that gold will be a good long term investment. With  gold-mining companies expecting to outperform bullion, reversing the trend from the past six months.  There is still a good amount of room for gold to pull back in value as world markets go through a correction and level off.

Gold is ready for a take off as a result of the slow economic growth and growing concerns about European debt. A lack of confidence in the entire financial system and an urgent need for a safe haven for investors will play an important role once again.

This year the gold price increased by 21. After a brief drop in prices in September, the price of gold rose 6.3% in October. Whether ot not physical gold/silver coins are better than gold/silver ETFs is debatable.  For our client we prefer the liquidity that ETFs offer as opposed to finding a buyer and exchanging physical coins.  For proper diversification why not do both?