You should be investing in gold for some very simple reasons having to do with the dollar. Investing in gold will protect you from the imminent dollar collapse and hedge your portfolio against inflation.
The following reasons show the US dollar is in serious decline, and why investing in gold is essential:
As the dollar continues to inflate (and the U.S. Government has set this in cement with their quantitative easing policy), your buying power with those dollars will shrink.
You take out insurance to protect your home and valuables from future loss. It makes even more sense to protect your purchasing power from future loss when you know that you are losing it every day through the hidden taxation of currency devaluation.
Gold and silver coins are the insurance that will protect you from the shrinking value of the dollar. Gold does not shrink, nor can it be printed by the government.
If you make $30,000 per year, you would have to be making $50,000 in just five years to have the same purchasing value as the $30,000 with which you started.
If you want to retire with an income of $1,150 per month, which, by the way, is the poverty level income, you would have to have $250,000 in the bank earning 5% interest. Do you have $250,000 in the bank?
Do you think that that the unfunded debt of the U.S. that has been added since the beginning of the Obama administration will just fade away with out any inflationary consequences?
What do you think will happen to the value of the dollar if the Obama administration succeeds in it's attempt to nationalize 18% of the U.S. GDP by taking over the health care industry. Just imagine the U.S. Postal System running health care and you will get a vision of how cost effective and efficient that will be.
If any of the predictions of future U.S. debt are only half as bad as predicted, you should be investing in gold to protect yourself from accelerating inflation if not outright hyper-inflation!
You should be investing in gold now, in order to leverage your gains and accumulate as much as you can before inflation really takes off. Gold and silver are the two things that the government can't totally control because there is an international market for them, unlike the dollar which can be manipulated at their whim. Gold and silver are real wealth that can be held in your hand and safely held in your possession and not by a bank or private company that can be seized by the government.
Gold is your insurance policy that guarantees you the purchasing power of the dollars that you earn. These are just some of the reasons why you should be investing in gold!
Don't make the same mistakes I did Investing in Gold, check out our free guide to gold investing and avoid the pitfalls and increase profits when gold investing.
If you have found this article helpful, check out his blog of market insight to the gold industry at --- http://www.buygoldco.com

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