“Caught soon enough, your retirement can actually be repaired by gold!”
Written: 08/31//08 Other Newsletters: :07/01/08 07/23/08 08/04/08 08/06/08 09/01/08 09/04/08 09/05/08
Why do I say “caught soon enough?” Just consider this situation, OPEC
takes in more cash, that’s 1.1 trillion dollars that the US government.
And get this, the US government spends half a trillion (yep, that’s with
a “T”) more than it takes in. If you spent twice as much as you earned,
where would you soon be? And what makes you this it can’t happen to America?
If you’re like most Americans, you’ve got to be deeply concerned whether
or not you will ever be able to retire. IRA’s, 401k’s pension plans and
annuities have all been shrinking. Now add insult to injury, did you know
the coming bailout of the two largest mortgage lenders the US has ever
known, Fannie Mae and Freddie Mac will cost you and yours truly as tax
payers more than the Iraq war? This will double this year’s budget deficit
alone!! There’s no way our government or any other nation for that matter
can print or borrow enough money without sending inflation higher than
Everest.
However, all this bad news can be good news if you’ve caught it soon enough.
More on that good news in a moment. Based on the above and other economic
data, former International Monetary Fund (IMF) chief economist, Kenneth
Rogoff, speaking at a conference in Singapore stated unequivocally “We’re
not just going to see mid-sized banks go under in the next few months,
we’re going to see a whopper, we’re going to see a (failure of a) big
one – one of the big investment banks or big banks.”
Legendary investor Jim Rogers, who with his partner George Soros back
in 1970 founded the Quantum Fund (which rose, by the way, a whopping 4,200%)
made a recent prediction. Folks who have those kinds of track records
get my attention! Rogers firmly believes the US financial decay is so
firmly set that it has paved the way for what he terms the “Super Crash,”
one your retirement plan will not survive. And Rogoff said on last night’s
NBC news interview that US financial crisis hasn’t gotten to the halfway
point. Yet.
Like I promised, here’s the good news, that is if it’s caught on soon
enough. The crisis and its accompanying tidal wave of inflation will send
the gold price into the thousands. Astute investors have been quietly
buying both gold and silver as much as they can while prices are at bargain
basement levels. Can I prove this to you? Absolutely!
Golden Lion Mint has been laboring with a backorder demand that’s gotten
our minting and fabrication facility working around the clock. The recent
demand has been so strong, that something that has never, ever happened
before has just taken place – The US Mint has stopped selling Gold Eagle
coins. This hasn’t happened before in the Eagles 20 year history! Why?
According to the US mint, sales are right up more than 50% from last year.
The demand has been so huge that they are sold out!*
Listen to me and remember my words, the buying frenzy has YET to hit.
When it does…well, our hope is that we’ll still be able to acquire precious
metals and be able to provide them for you. The good news that astute
investors realize, is because our gold isn’t issued by the US government,
but is classed as private, collectable metallic art, it cannot be confiscated
or made illegal. Nor do we have to report our sales to the IRS. Whew!
Just wipe your brow and take a deep breath – but, before you do, give
us a call. Like I said, caught soon enough your retirement can actually
be repaired by gold! Isn’t it a sound idea to act today?
*Did you ever think what would you do with your inflated dollars, if you
couldn’t buy gold? Did you know that in the world’s wealthiest countries,
private gold is considered money? That means you can buy homes, land,
vehicles, or anything else…that is if you acted soon enough to own some
private gold. Please don’t wait! -Peter
Written: 07/10//08 Other Newsletters: :07/01/08 07/23/08 08/04/08 08/06/08 09/04/08 09/05/08
Tony: invest@goldenlionmint.com
Or Call: 828-350-1454