Wednesday, August 17, 2011

The Little Guy Goes All In


Some financial analyst are now expecting gold to hit $5000 per ounce in the near future. Yesterday on CNBC a well known analyst predicted that gold would reach this incredible figure in a year or two. From where gold sits today, at around $1800 per ounce this is great news for holders of gold but bad news for holders of cash. It was also recommended in Germany's leading tabloid, Das Bild, that people should hold gold instead of paper. It was a front page article.

Let's face it, the more unstable the global economy becomes the more there is a flight to gold. Countries like Vietnam are flying with huge purchases of gold.

There are many reasons that gold has become the choice of millions of people. One aspect is what gold trader and radio host, Robby Noel calls "Counter Party Risk". In this case Mr. Noel means all the advisers, consultants, accountants, lawyers and evaluators who in some way have been involved in the evaluation, issuance and authentication of a monetary document. If any of these persons made an error or misrepresentation it could have a negative impact on the paper in question. This exposure is a considerable risk when dealing with paper and not found with metals like gold and silver. Put simply, there is much room for discrepancy when dealing with paper or paper equivalents like credit cards, debit cards, digital money, mortgages, shares, bills and even gold or silver contracts.

We sell fractional physical gold in the form of 1 gram bars. This way even the average man or woman can afford to get involved. Hold your gold in our vaults in Switzerland then liquidate them if and when necessary. For as little as $60 you can be apart of this once in a lifetime profit surge. Now you can be a part of the winning team. Go to: goldenladyfun.blogspot.com for free information. Let us help you.

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