The Past Ten Years of the Gold Trend...
“The trend is your friend!”

Current Newsletters 2008
What? Your Dollars Aren't Buying What They Used To?
If You Don’t Know What Money Is, It May Be Why You Might Not Have Any
Up, Down and All Around: Money, Gold, and Stocks
Caught soon enough, your retirement can actually be repaired by gold!
Can Shortage Be a Silver Lining?
What Caused the Temporary Retraction in the Price of Precious Metals?
When
Central Banks dump gold on the market – Is this good or bad
for you?
Why Do We Accept Paper for Money?
The Gold and Silver Trap They Don't Want You To Know About
Look Who's Selling Gold and Who's Buying
"Oil Dips: What Does This Mean For Gold?"
Whoa! The oil traders got nervous and sold oil contracts the other day, and the public sighed a breath of relief. Sorry, but that’s not breathing. None of us will be breathing pure air until we get the carbon out of it. Hey, maybe we could start allowing only odd- or even-license-plated cars on the roads, like they do in Beijing. Nope! It won’t make breathing any easier.
The answer lies in safe alternative fuels. So what spooked oil traders? The image of sitting on the porches of their beachfront vacation homes watching oil rigs operate? Not good for Big Sur or Miami Beach either. Well, they did it. The government lifted the ban on offshore drilling. However, the oil traders are long on oil once again, seeing we’re already pumping the black gold at capacity and the new stuff is years away and—get this—already spoken for.
Naturally you can expect ups and downs of all commodity prices, but the trend is definitely up for both oil and gold. The yellow metal ignored all that hoopla and applause and just kept trucking on. Whoops! I shouldn’t use that word with so many on the highways. Well, there used to be...is that good news? A lot of folks, myself included, are now quite serious about buying hybrid vehicles. Why, you’d think the government would consider them a good way to save on our strategic gasoline reserve.
Aw, shucks! Dear car shopper, I guess you didn’t know it, but you’ll be
buying a $475,000 light truck that gets a whopping four miles a gallon.
See what I told you about those offshore oil-drilling rigs being spoken
for? The U.S. military is awarding contracts right now to replace 200,000
old Humvees at a cost of $50 to $100 billion dollars. Yep, that’s a “b”
for billion. And they’ve got to get at least four miles a gallon. Who
pays for this? Duh! We do!
You might ask, what bank will grant me a car loan like that? Banks are afraid to lend money, and most people I know are afraid to borrow. This is exactly what happened during the Great Depression. However, there was one big exception—the dollar of that time was still backed by gold. That meant if you held dollars, they still bought the goods and services available.
Today, dollars are just paper that you hope someone will continue to accept. I just read that many of the largest and richest foreign wealth funds are cutting their ties to the U.S. dollar. The U.S. dollar is failing as the world’s reserve currency. Is the government worried? It was reported that Ben Bernanke boasted that the government could drop cash from helicopters in order to get people to spend!
It makes you feel real good about holding dollars backed by empty promises, doesn’t it? Well, I don’t know about you, but I’m backing my money with the real stuff—pure gold!
I got an email the other day complaining, “You can’t eat gold!” They’re correct—you can’t eat gold—but without it, you can’t eat! It’s been the measure of honest value for thousands of years and the only real money the world has ever known.
So, I’m betting on real value versus the peachback dollar. How about yourself?
Please don't wait, invest in real currency today... Invest in Gold and Silver! - Peter
Tony: invest@goldenlionmint.com
Or Call: 828-350-1451