Why Buy Gold Now?

Posted: 30 Jul 2008 | Categories: Wealth Building

I think the biggest reason to own physical gold is because you never know whats going to happen. Think of it as an insurance policy. Gold has always held value throughout the history of mankind and you can probably safely bet it will during your lifetime too. You cannot say the same for the dollar. Just look at the purchasing power of the dollar within just the past 5 years, let alone the past 90 years. The purchasing power of your dollar is dictated by the Federal Reserve. If they want to lower the purchasing power they increase the money supply. If they want a strong dollar they increase the interest rate. There can be no doubt the dollar continues to decline in purchasing power and all at the whim of private bankers.

So as a hedge against disaster of some kind, yeah owning gold is probably a good idea. As a hedge against inflation, its an absolutely great idea and really one of the only ways to secure the value of your savings. You can’t beat owning gold to protect your savings. You have insurance on your house, your car, your life but what about your savings? That is where gold comes in. It insures the purchasing power of your hard earned savings. You traded thousands of hours of your life for your savings, why sit back and watch the purchasing power of those savings evaporate all because some private banking cartel decides to inflate their way out of bad investments by their banking buddies. Don’t just watch, do something about it. Buy gold now!. It is still a bargain but not for long.

When you buy make sure you get physical gold, not stocks, not ETFs, don’t use one of these places that “houses” your gold. Take possession yourself. One of the best and easiest ways I know of doing that is buying gold thorough eBay. You know what the value of gold is on any given day, you know how much gold a coin or bar has in it. Bid the amount that it is worth and walk away. If you get it for the price you wanted, great, if you don’t, try again. Its that simple. You do want to make sure you are buying from a reputable seller on eBay. However some of your best deals are going to be with people just starting out on eBay. Another great thing about eBay is you do not pay a premium as a buyer. If you sell there is an insertion fee and a final value fee but it is a quick way to sell gold or silver.

As I watch the news, the bankers, and the political puppets, I get a real bad feeling about the direction this country is heading. I want to be ready for whatever may occur and I think one way to be ready is to own physical gold bullion or coins. I hope as many people in this country are ready too. Be one of those people and prepare for you and your family. Now is the time for action, don’t delay. Your family will thank you for it later. Buy Gold! Today!

For more information and great eBay gold coin and gold bullion bidding tips visit

http://www.goldauctions.info

Article Author :Lee_Brewer