Go GOLD!

When you look at the World of Investments, most people are trying to find that investment they can buy at a low price and over time sell at a high price. This doesn't mean at a low actual value but at a low value according to the investment’s worth. How does one figure that? Get an MBA? Become an investment manager? That might do it. But let's simplify it to the point of the ridiculous. Let's look at what an asset reasonably "should" appreciate at to be valuable to us as an investment. If we're going to take a risk, we probably want something that does better than a T Bill (at present under 5% per year) or a CD which is approximately like the T Bill. We would like something that appreciates upwards of 8% to 10% or more per year. We have established the GoGoldsite.com because investing in gold is finally, after a 20-year hiatus, beginning to pay back investors confidence in it.  In the last 5 years, gold has gone from $255 ounce to $660 an ounce roughly up 160%. This website is dedicated to cheering for and promoting gold as an investment, and here are some reasons why.

10 Reasons Why Gold has Inherent Value (which is what makes it an investment worth strongly considering).

1. Gold is a scarce quantity. There is only so much gold and no more.
2. Gold has value as an adornment. India uses it as an adornment and as an integral part of their cultural rites.
3. Gold is valued as a currency. Some cultures such as Iraq use it as money.
4. Gold has worth as a metal
5. Gold cannot be inflated by printing more of it.
6. Gold cannot be devalued by government decree
7. Solid gold, unlike paper currency, is an asset that does not depend upon anybody's promise to pay. All forms of paper assets: bonds, shares, and even bank deposits, are promises to repay money borrowed. Gold is not a promise. 
8. Gold is portable
9. Gold can be owned anonymously.
10. Gold is considered wealth in and of itself. A piece of gold is independent of the financial system and its worth is underwritten by 5,000 years of human experience.

What GoGold Strategy appeals to you?

  1) You're heavy into tangible assets, such as real estate, investment properties, cars, vacation homes, etc. You know how to maintain the value of these assets, whether you lease them out or tend to them yourself. Knowing you have something solid lets you sleep easy night. 

GOLD COINS are probably the way to go for you. Collect them, keep them as an investment. They can be stored in banks, safety deposit boxes, and in your own safe. 

Look at Chart of Real Estate versus gold for the past 20 years to see the definition of an undervalued investment.

2) You are a Day Trader, made and lost fortunes trading stocks into the minute by minute fluctuations. You love buying, owning and trading stocks. The fluctuations of the market are exciting to you.

GOLD ETFs (Exchange Traded Fund) symbols, GLD, IAU, etc., or gold stocks will probably give you enough excitement. Gold and gold stocks will have many spikes and dips on its way up.

3) You want a long-term strategy that you don't have to worry about.

DIVERSIFY in gold and other metals, buy the gold index, metals index, and as many solid gold coins as you can store. 

The great thing about GoingGold now when it has "MO" (momentum), is that it has basically sucked as an investment for the last 25 years. It is now rising faster than the Dow, or real estate (in the last 3-4 months). For an investment that has inherent or intrinsic value to have been going nowhere for the last 25 years, you know you are looking at one of the greatest underlays you will probably ever see in the investment world. 

WHAT IS A FAIR PRICE FOR GOLD?
If we were to be conservative and value gold like a T Bill or a CD, both promises to pay, and say at the very least, it should have risen 5% per year as you can see from the chart to the left; however, it still could rise 100% and not be overvalued. If we get even more conservative and use 3%, gold could still rise $200 and still be considered undervalued. If we get a little bit hopeful and gold rises say 10% over the next 7 years, it would double. For the last 3 months, gold has been going up faster than most other investments in the world. 


10 Reasons to GoGold NOW!!!

1) Central banks can't keep selling forever because gold will run out.
2) Gold is becoming more scarce, tougher to extract, since the easy gold has all been mined.
3) The population is growing and demand for gold will go up.
4) Gold has intrinsic value (See 10 Reasons Gold has Inherent Value.)
5) The US has massive current account deficits. They spend more on goods and services than they provide to the rest of the world, putting the dollar at risk for devaluation.
6) The US has large budget deficits now and larger ones looming also leading to dollar devaluation.
7) It is easier to buy gold now because of ETFs (Exchange Traded Funds), so more people will use these funds as an investment strategy.
8) Increasing political risk to the gold supply. These risks could be nationalization or taxation by certain nations thereby driving supply down and creating scarcity.
9) The Indian economy is booming. Indians are the world's largest consumers of gold.
10) Gold companies will have to use future production to pay back people they borrowed gold from, mostly the central banks, thus increasing scarcity.

Additional Links:
goldprice.com • kitco.com