Many investors set out to buy gold coins with an eye on riding out any potential economic instability that could be on the horizon. However, a South Carolina state lawmaker is putting a whole new angle on this perspective.
A plan by Mike Pitts, a Republican, would require gold and silver coins to replace federal dollars as the main legal tender in the state.
By Bruce Sands
The policies of the New York money boys are incomprehensible. Already plagued with severe housing credit loans, incredibly excessive job cuts, and industry slump and soaring food prices, the policy makers are doing nothing to relieve the tax payers or improve the situation. By trading derivatives they are actually behaving crazily. Yes, the global investment banks are already in a ‘crash and burn mode’.
The inevitable conclusion- faster inflation, followed by initial hyper-inflation and then by depression. All the efforts of the Federal Reserve, U.S. Treasury and other housing welfare providers have failed to produce results as they were not substantial enough. The Bureau of Labor statistics has revealed that the Job Index has already touched zero.
The housing board can allow the innumerable foreclosures to happen as the loans and buyers are equally bad. Bit no, instead of purging the system, they are literally throwing out cash at each and every lending idiot at their door. And today the market manipulation has escalated beyond control.
The state of the food sector is no better. There is even a famine prediction within the next three years. To top it all the National Weather Bureau has predicted a forecast long hot summers and potential droughts in near future. But for now the farmers are struggling with a cold wet spring. So, the corn planting hasn’t got off to a decent start. Another scary fact is that the global land designated for farming is shrinking rapidly world wide and water scarcity is fast following heels.
The automobile industry too is slowly coming to terms in accepting their loss. With the approaching ruin of Ford and Chrysler and the split of General Motors, the auto states in the previous years report reveals 11.1 million. With so many manufacturers, this is a real unhealthy figure.
In this situation the investors are making a resolute effort to keep up with the trend balancing requirements with the help of the core holding shares, cash and coins. But you as an investor or a general citizen are sure to feel the insecurities of the present. There is nothing in the market or in the government policies which will come to any positive aid. Now, physical gold is the only asset which must not be traded but accumulated steadily through an organized savings plan. We at Superior Gold Group are here at your service. We will help you to do exactly that. Give us a call right now at 888-567-3340 and ensure your future.
By Bruce Sands
The policies of the New York money boys are incomprehensible. Already plagued with severe housing credit loans, incredibly excessive job cuts, and industry slump and soaring food prices, the policy makers are doing nothing to relieve the tax payers or improve the situation. By trading derivatives they are actually behaving crazily. Yes, the global investment banks are already in a ‘crash and burn mode’.
The inevitable conclusion- faster inflation, followed by initial hyper-inflation and then by depression. All the efforts of the Federal Reserve, U.S. Treasury and other housing welfare providers have failed to produce results as they were not substantial enough. The Bureau of Labor statistics has revealed that the Job Index has already touched zero.
The housing board can allow the innumerable foreclosures to happen as the loans and buyers are equally bad. Bit no, instead of purging the system, they are literally throwing out cash at each and every lending idiot at their door. And today the market manipulation has escalated beyond control.
The state of the food sector is no better. There is even a famine prediction within the next three years. To top it all the National Weather Bureau has predicted a forecast long hot summers and potential droughts in near future. But for now the farmers are struggling with a cold wet spring. So, the corn planting hasn’t got off to a decent start. Another scary fact is that the global land designated for farming is shrinking rapidly world wide and water scarcity is fast following heels.
The automobile industry too is slowly coming to terms in accepting their loss. With the approaching ruin of Ford and Chrysler and the split of General Motors, the auto states in the previous years report reveals 11.1 million. With so many manufacturers, this is a real unhealthy figure.
In this situation the investors are making a resolute effort to keep up with the trend balancing requirements with the help of the core holding shares, cash and coins. But you as an investor or a general citizen are sure to feel the insecurities of the present. There is nothing in the market or in the government policies which will come to any positive aid. Now, physical gold is the only asset which must not be traded but accumulated steadily through an organized savings plan. We at Superior Gold are here at your service. We will help you to do exactly that. Give us a call right now at 888-969-6465 and ensure your future.
By Bruce Sands
Should we begin by saying that the Wall Street has always been immature? Even during the hyper-profitable bull market of the 1970s, they were either completely hostile or ignored the existence of the precious metals like Gold. They never paid any attention to gold until it crossed $650 but then they had lost much of the possibility of their clients to make money. Since the 1980s the aging bull market dived into a multi-year decline. The result - the buying was high, then held for too long and finally sold low. This feeling of resentment for gold had its own funny and mythical (!) reasons. It has always been believed that rising gold prices always implied a falling economic market or some impending crisis. But in today’s economic condition another gold bull market is unthinkable.
How does Wall Street work? It’s a financial institution whose culture is its belief. The young brokers are the college graduates trained in the stock market. They form the big producers of Wall Street. Working towards big, fat commissions is the belief and culture. Their belief grows from ‘group-thinking’. They accumulate loads of money on status quo. But Wall Street does not characterize maturity and client concern. They will run the show based on the age old traditions and attitudes and open their eyes to look around only when the prices of gold and silver have shot through the roof. But we the gold investors will be operating and ensuring our clients’ securities for we are aware of the financial future. We have studied the trends and calculated the results. We are the Superior Gold Group to take care of your needs at 8885673340.
It is time for you to think different from your broker’s advice. Investment in gold is profitable in both the best and the worst scenario. Let’s consider the worst case first. It can be anything from terror attacks to a nuclear war. See, about 95% of the dollars are in the cyberspace, that is in the computer systems of the banks, banks who themselves are in a dire state. The best hackers can well be a part of the terror group and it’s anybody’s guess that the loudest bang can be achieved by debasing the computer system that run the monetary coordination of the western world. So it is not difficult for you to understand the vulnerability of the dollar market. So, whatever the style of detonation the terrorists manage to think of, your ATM and the electronic cash registers at the super market would fail. Only gold will provide the security with its high price. Same would be the case of a hyper inflation, a day, not far off.
In an inconceivable ‘best case’ scenario where Al Qaeda is neutralized and inflation is non-existent even though peace and prosperity will make the money machines run out of control. And you will still hoard on your money because you have invested in gold and it is a monetary inflation sensitive investment.
Therefore in neither the best nor the worst scenario, investment in gold will make you a loser. Be it rising inflation or inflationary recession or depression, gold will always be there to provide you with security. We are here to keep the odds resolutely on your side. Just call the Superior Gold Group, the people whom you can trust at 8885673340.
By Bruce Sands
You are grossly mistaken if you think times are changing for the better. Almost all the industrial sectors in America are gearing the brunt of the present economic crisis. And this adds to the further deterioration of the financial market. The ever increasing level of job cuts which is plaguing the employment market is a reflection of the depressing times.
In an attempt to stabilize the financial condition, Citigroup Inc, Merrill Lynch & Co and Wachovia Corp recently announced around 12,400 job cuts. The number of pink slips issued will be proportional to the rise in losses. Till date, the U.S financial services sector has suffered 36,000 job cuts. Challenger, Gray & Christmas, Inc., a premier job placement consultancy provides the data.
The profound impact of these cuts on New York City is easily understandable, since its fortunes are directly linked with the Wall Street. When these heavily paid bankers and traders begin to lose their jobs, everything would stand to experience the crash. The Manhattan real estate prices will get affected. So also the high end restaurants and the private car services. Even the security industry will face a crash. This particular industry depends on over 35% of the salary and wages earned in the city. With the bankers and brokers losing out on their base salaries of around $200,000 nothing will be left to imagination.
Take a look at this report published on Thursday. Merrill, the world’s largest brokerage, announced ‘$9.7 billion in write-downs, on top of $25 billion taken in the second half of last year’. After slashing over 1,100 positions Merrill has planned to further cut 2900 jobs. The fourth largest U.S. bank Wachovia has plans to cut down 500 jobs from its investment banking and the corporate division.
So long the global financial institutions have sustained over $200 billion write downs and credit related losses. Thanks to the U.S. housing market which has been acting as the principle catalyst.
Banks have been expecting a positive turnaround for quite sometime. But market analysts consider it to be no less than wishful thinking. With the entire U.S. financial service sector which mostly comprise of commercial banks announcing a record 153,105 job cuts in 2007, only the worse can be expected.
The recent projections from the analysts at JP Morgan concerning the sub prime mortgage crisis and global credit crunch are actually a redouble of their previous estimates.
With the global currency, the dollar taking a nose dive and the market nearing to a virtual close down, its only gold that can offer some respite. The superior Gold Group desires to offer you that security which will help you to protect your hard earned assets.
Get your free portfolio insurance guide at the Superior Gold Group at 8885673340. Shift into GOLD now.
By Bruce Sands
The two most probable circumstances facing America:
First, after several years of inflation, the future powers would have a sudden roll in their brains and decide to stop the dollar ‘printing press’, put a check and gradually end inflation. Let precious metal like gold bull the market for a considerable number of years.
Secondly, it might be too late to put a hold on this escalating inflation. There is a high possibility of the political forces and the pressure of the ‘unfunded liabilities’ might compel the continuation of this dollar printing process. The result would be a hyper-inflation and eventually a complete annihilation of the dollar. The American money would lose its worth. The essential commodities food market would run empty shelves, oil and gas prices would shoot through the stratosphere and the Americans would face the worst catastrophe in recent years.
Assets, shares and cash will suffer terrible devaluation. And none of them would have the desired value in the financial market. You will feel the crunch when you go to buy your essential commodities. You will find your self in a situation where only gold is valued and then when you want to acquire gold, it will be valued not in hundreds of dollars per ounce but it will be thousands.
Therefore, you need to act now and that too really fast! You require a trustworthy helping hand in order to secure your self from the poisonous fangs of hyperinflation. The Superior Gold Group is here to help you on that account. To get in touch with us call at 888-567-3340.
You can only imagine the rapidity with which the situation is slated to escalate beyond control. Get prepared to face it. The circumstance predicts not a double or a triple digit annual inflation but along the unbelievable lines of seven to ten digits! The collapse in the denomination of the dollar will also devalue currencies which does not have any asset backing in the form of gold. There is no support system to aid you apart from building and converting your assets in to gold.
John Williams, a consultant economist has published ‘Shadow Government Statistics’ newsletter where he has rearranged the government data according to historical analysis. It predicts the future degradation of the US Dollar which is considered now as the world’s reserve currency. It also states, “Oil prices are near historic highs, the dollar is near historic lows, and money growth is at an all-time high. The near-term outlook for all three is for new record levels and for extremely strong upside pressure on U.S. inflation. … Gold prices should continue setting new historic highs.”
So, decide fast and act smart. You need to protect your family’s security and well being. Build your assets in terms of gold and your future will be well taken care of. Call us at the Superior Gold Group right now. The number is 888-567-3340.