Gold hits all-time high
The price of gold hit its all time high yesterday at over $1,600. Silver went over $40. Yesterday, I emailed you a link to an article where I explain what I think will happen over the next five years to gold and silver, and what I’m doing about it.
- Why Gold Hit 1600 and Silver Hit $40. This article explains what just happened, why it happened, and what to expect over the next few months. This is different than my “five year” article explaining what to expect over the next five years. Read more.
- How to invest… without stocks. You don’t have to only invest in stocks. They’re just one investment vehicle. There are other ways — I list the 8 more popular methods, and they don’t require Wall Street. Read more.
- This is the best book of the week. Every week from now on, I’m going to review a book that has been influential to my education in investing and economics. This is the first, and it’s by Jim Rogers — he explains the best place to put your money in the next decade. It’s not just gold and silver — it’s mostly other stuff as well. Read more.
Remember, just because gold and silver is going up doesn’t mean it’ll be that way forever, or that you should make risky investments for gold and silver. Risky is always risky, no matter what the asset is.
That’s what separates us from most other investors — we’re not always anti-gold or pro-gold. We’re honest and realistic. I’m not buying gold right now because I think gold is magical and is always going to go up — I’m buying because I understand economics. I’m sure you’re the same way — unfortunately, few are.
Over the next few weeks, we’ll keep learning more and more strategies for investing in precious metals, as well as other basic strategies for just beating inflation and finding security during economic insanity.
This next week, I’ll be publishing an article on “wealth cycles”, an important economic event everyone absoluteyl should understand. It explains why the best time to buy gold and silver is, when to buy real estate, when to invest in stocks, etc. You’ll learn more next week.
Remember to click “like” on the articles and to post them on Google Plus or Facebook. That allows us to focus on our writing rather than marketing, and we both want that to happen.
Thanks again. If you have any questions, check out the Frequently Asked Gold Questions, or just email me.
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