Gold Investment: Is gold in a bubble? Must I buy or sell?

Gold Investment - 21 November 2011

Ron Paul, the Republican Party candidate who is hoping to stand in the presidential election in the U.S. next year (2012), has made it abundantly clear that he is of the opinion that gold isn’t in a bubble. In fact, he is of the opinion that even if gold goes as high as $3000 an ounce; it won’t be in a bubble.

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Invest in precious metals today! Contact us for details.

Gold Investment tends to agree with Ron Paul, especially considering the ongoing and rampant gold market manipulation via the derivatives market through the deployment of paper gold. Yes, they take paper, pretend in most cases that it is backed by physical gold and sell it as if it is the real thing. It isn’t representative of real or physical gold by any stretch of the imagination, although it is 9 times out of 10 used to negatively affect the gold price. They know that for their fiat Ponzi scheme (the “paper gimmick”) to work, they have to keep the prices of precious metals such as gold and silver down; in the hope of giving you the false impression that fiat money (non-redeemable paper notes, electronic money, paper money, toilet paper money, the Devil’s money) is worth more than honest money (gold and silver).  Now with this in mind, one cannot help to also agree with Ron Paul when he stated: “The bubble is in the price of bonds. How could anyone have this kind of trust in bonds. That’s what the big bubble is” (Ron Paul, Gold is NOT a Bubble, Wealth Wire, 10 August 2011). He is absolute correct, especially considering that bonds are fully based in fiat money and not backed by gold or silver or anything of intrinsic value for that matter. Ron Paul has hit the nail on its head again when he stated: “Gold prices don’t go up, it’s just that the dollar goes down!” (Ron Paul, Gold is NOT a Bubble, Wealth Wire, 10 August 2011). This is so true and the very reason why we are also seeing above-average price increases elsewhere as well. In fact, the economic, social and political upheaval that we are seeing in an increasing number of countries is a direct result of Dollar weakness. It is after all no secret that the U.S. Government and the Federal Reserve Bank (the Fed) are running the money presses as if there is no tomorrow (or day of reckoning for that matter). This weakens and will continue to weaken the U.S. Dollar, sending food, fuel and other prices higher and higher. What really gets to us is the fact that despite using fake/counterfeit money, they have the audacity to attribute the rising prices to economic growth, while millions upon millions of people have lost and are losing their jobs, etc.

Invest in precious metals today! Contact us for details.

Invest in precious metals today! Contact us for details.

Whether Ron Paul will be elected as U.S. President next year remains an open question, but Gold Investment is of the opinion that whether he gets elected or not, it is too late for anyone to save the once mighty U.S. Dollar. The collapse of the U.S. Dollar (and other fiat currencies for that matter) is a mathematical certainty at this stage. The best thing citizenry across the world can do to protect the purchase value of their monetary worth is to buy/acquire precious metals such as gold and silver, especially in the form of gold and silver bullion coins. Gold is after all far from being in a bubble. Fiat money is in a bubble.