Cashing In On a Golden Opportunity
Online, August 6, 2012 (Newswire.com) - Increased demand for physical gold is often a bi-product of the Olympic Games. Just like the athletes from around the world who train rigorously to compete for the ultimate reward, a Gold Medal; Americans, in increasing numbers, are responding to the need to have physical gold and silver as a safe part of their diversified asset portfolio. Gold has become a popular alternative to traditional paper-backed investments and is experiencing unprecedented demand for retirement accounts of all types. Gold has outperformed virtually every other asset class over the past decade and continues to enjoy international favor as the most liquid asset in the world! Since 1984, the inclusion of physical gold and silver as part of Traditional, SEP and Roth IRA's has been a well-kept secret. But now, as more traditional stock, equity and bond funds collapse, the idea of owning physical, precious metals, ever-scarce in their supply, has become more and more appealing.
No matter how diversified people think they are, traditionally, the majority of their investments are 100% backed by the full faith of the U.S. Dollar or other paper-related assets. While it's important to have a multitude of investment positions, consider adding tangible hard assets to complete a diversification strategy. With inflation on the rise, visible every day in the form of higher gas prices, food prices insurance premiums and even the price of entertainment, the value of U.S. Dollar is shrinking. Purchasing power is becoming weaker as the government prints more and more money. "Stimulus" is another term for money-printing by the Federal Reserve. The money that is printed is borrowed from the U.S. Treasury and simply added to the U.S. National debt, already at record numbers, further eroding the purchasing power of the dollars already in existence.
To be clear, physical gold possession in retirement accounts or an investment portfolio is not paper-gold, (commonly known as ETF's), but real, tangible physical gold that is either held by the owner or stored in a qualified depository in the case of a retirement account.
As life-long financial advisor, Michael Blaser, Managing Director and CFO at United Gold Direct, says, "Consider what you would do if you lost all of your retirement savings in a financial markets collapse or other such economic calamity? In most cases, there simply wouldn't be adequate time to earn it again." Michael's point is to not risk your retirement dollars with stocks, bonds, mutual funds or other such 'paper-related' investments and invest in physical precious metals that have no third party counter risk. Stocks, bonds and mutual funds are generally considered safe and conservative, until news headlines include the collapse of such prominent companies and issuers like; Lehaman Bros., MF Global, PFG Best, Enron, Tyco and World Com. Many lost everything, never to recover. Gold helps protect from such disasters or even the possibility of such a disaster by retaining or growing its value as the dollar continues to weaken.
"Gold has never been worth zero", says Michael, "the laws of supply and demand play an important role in the ever-increasing valuations of precious metals and the vital importance they have in a well-diversified portfolio."
Gold and Silver prices are off their all-time high's slightly, but are poised to rise significantly in the coming months as U.S. economic conditions continue to erode. Unemployment remaining high, tax revenue down, spending programs in place and a lack of prudent fiscal resolve, are all great indicators that the value of Gold and Silver should raise significantly, in the near future. For more detail please visit: http://www.unitedgolddirect.com/
Contact:
Michael Blaser
Managing Director & CFO
United Gold Direct
mblaser@unitedgolddirect.com
2945 Townsgate Rd., Suite 200
Westlake Village, CA 91361
1-(888)-502-3222