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Precious Metals in your IRA

You might hesitate to add precious metals to your Individual Retirement Account (IRA) because you have heard how difficult it could be.  That is simply not the case anymore.  

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12 yr gold chart

 

Donald Trump Predicts Gold Will Continue to Climb

Billionaire developer and potential presidential candidate Donald Trump predicts the price of gold will continue to climb because Americans have no confidence in President Barack Obama. In an exclusive interview with Newsmax.TV, he also warned that trouble looms for the U.S. economy. “If oil prices are allowed to inflate and keep inflating, if the dollar keeps going down in value, I think there’s a very distinct possibility that things could get worse.”

Turning to gold prices, Trumps tells Newsmax: “I think gold will go up as long as people don’t have confidence in our president and our country. And they don’t have confidence in our president."

Trump also was asked about his fellow billionaire George Soros' warning that economic conditions in the United States are likely to deteriorate. “I would say that he possibly is right,” Trump says. A weak dollar “is not good because you’re going to pay $25 for a loaf of bread pretty soon. Look at what’s happening with our food prices. They’re going through the roof. We could end up being another Egypt. You could have riots in our streets also.”

Critical Currency Debasement in US and Other Countries

Currency debasement on a scale never seen before in modern history continues in the US and other countries. This is leading to a real risk of stagflation and possible even hyperinflation if sane monetary policies are not returned to soon.

The fiat currency experiment of the last 40 years (since Nixon came off the Gold Standard in 1971) grows more precarious by the day. Ironically, Alan Greenspan, the central banker most responsible for the cheap money policies and asset bubbles of the last 20 years, has again warned about the euro and dollar being “faulty” fiat currencies. Greenspan again said how gold is the ultimate form of payment and currency.

Charles De Gaulle

"There can be no other criterion, no other standard than gold. Yes, gold which never changes, which can be shaped into ingots, bars, coins, which has no nationality and which is eternally and universally accepted as the unalterable fiduciary value par excellence."

Hans F. Sennholz

"The history of fiat money is little more than a register of monetary follies and inflations. Our present age merely affords another entry in this dismal register."

Jerome F. Smith

"As fewer and fewer people have confidence in paper as a store of value, the price of gold will continue to rise."

Elgin Groseclose

"Until government administrators can so identify the interests of government with those of the people and refrain from defrauding the masses through the device of currency depreciation for the sake of remaining in office, the wiser ones will prefer to keep as much of their wealth in the most stable and marketable forms possible - forms which only the precious metals provide."

Hans F. Sennholz

"For more than two thousand years gold's natural qualities made it man's universal medium of exchange. In contrast to political money, gold is honest money that survived the ages and will live on long after the political fiats of today have gone the way of all paper."

Harry Browne

"When paper money systems begin to crack at the seams, the run to gold could be explosive."

Dr. Franz Pick

"The dollar will be wiped out."

Doug Casey

"The way I see it, gold is headed over $1000 an ounce, probably much higher. At anywhere near current prices, it's the lowest risk, highest potential investment I can think of."

Oakley R. Bramble

"Gold bears the confidence of the world's millions, who value it far above the promises of politicians, far above the unbacked paper issued by governments as money substitutes. It has been that way through all recorded history. There is no reason to believe it will lose the confidence of people in the future."

F.A. von Hayak

"With the exception only of the period of the gold standard, practically all governments of history have used their exclusive power to issue money to defraud and plunder the people."

Richard M. Ebeling

"The history of paper money is an account of abuse, mismanagement, and financial disaster."

Kenneth J. Gerbino

"If you don't trust gold, do you trust the logic of taking a beautiful pine tree, worth about $4,000 - $5,000, cutting it up, turning it into pulp and then paper, putting some ink on it and then calling it one billion dollars?"

Ludwig von Mises

"It is important to remember that government interference always means either violent action or the threat of such action.....taxes are paid because the taxpayers are afraid of offering resistance to the tax gatherers. They know that any disobedience or resistance is hopeless. As long as this is the state of affairs, the government is able to collect the money that it wants to spend. Government is in the last resort the employer of armed men, of policemen, gendarmes, soldiers, prison guards, and hangmen. The essential feature of government is the enforcement of its decrees by beating, killing, and imprisoning. Those who are asking for more government interference are asking ultimately for more compulsion and less freedom."

Speak with one of our knowledgeable experts today. Call 888-77-BUY-GOLD
888-772-8946

 

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