4/27/2010
In an effort to bring you well rounded economic information I wanted to return to the subject of Gold Investments. As you are probably aware of by now I advocate investing in Physical Gold and Silver. My favorite expert on the subject is Bret Leifer of Bret Leifer Numismatics, he is an honest, astute businessman that can put together an excellent portfolio for you.
Here is his Spring 2010 Newsletter:
PROTECTION FOR THE WELL INFORMED
I am not usually affected by the public diatribe of Financial Apocalypse.
Most gold prices have tripled in the last 10 years, and I think prices could triple again in 6-10 years without any problem. Richard Maybury, author of the well known newsletter, U.S. & World Early Warning Report, agrees. Mr Maybury believes that numismatics is the one area in the financial sector that allows the average investor to achieve windfall profits. He sees prices going up 3 to 10 times for gold numismatics. Mr. May bury writes, “If confiscation comes, numismatics will be the only legal way for United States citizens to own Gold”.
I believe that your Gold coins hold the potential to bail you out from a financial catastrophe as well as hyperinflation in this country. Your coins may replace the value of all your other assets combined. Those without gold coins will be very, very sorry.
Government reports are filled with self-delusions. They want their delusions to become our reality. All governments need an unending supply of money, and the federal government continues to print paper money as if there were no tomorrow. But tomorrow has already come and gone. We are living in an era of impending doom.
We have witnessed the weakening of the dollar in the midst of economic bedlam. The writing is on the wall. Those who realize what is happening have begun buying Gold, or have added more Gold to their existing portfolios. Gold provides a hard defense against the financial turmoil which has become a fact of life, not only in America, but around the world.
You should think of your Gold coins as part of your overall net worth, not as a trading vehicle. These coins will protect you in times of inflation or deflation. If everything deflated, gold coins will buy you more than your other assets just like they did in the 1930’s. If inflation comes roaring back, gold will go up, I believe, to heights unimagined. So keep your Gold as part of your net worth. It may save you from unforeseen calamity.
As I have said before, Gold is money. When governments fold, Gold endures. It has been around for thousands of years and will be around for thousands more. It is the only real money. Paper money is only a promise by the government, and as the economy continues to rupture those promises will continue to evaporate.
I am asked by many people WHEN, not IF, I think Gold coin prices will go up. Okay, I’ll go out on a limb here, I think the years 2014-2016 will see the impact of real inflation on all prices. If the price rise were to happen in the next 10 months, I would not be surprised because all the pieces are in place for the monetary crisis to occur. You must take precautions so that you and your family are not part of the nightmare that will probably happen!
The government is very adept at manipulation, hypocrisy and fraud. The future must start sometime. Don’t get anxious or bored during the malaise. Don’t lose patience and sell your Gold coins (unless you need the money). The future should reward those who hold their Gold Coins.
If you are interested in finding out about investing in numismatic coins.
Contact: Bret Leifer Numismatics, Member ANA/Member PNG
(800) 331-2646
Great tips to follow. Being professional and showing them there’s more to come I think are the most important. You need to give them a great article, that makes them want to come back. And then make sure you don’t disappoint.
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