Gold prices surge to all-time record high β
July 27, 2020 – Gold prices rocketed to historic new highs this morning, surpassing the previous record price of $1,923/oz. set in September 2011 π A declining U.S. dollar sent buyers piling into the safe-haven asset. Gold is now up over 25% YTD as analysts forecast gold could surpass $3,000/oz. in the near term. Silver also saw a boost, jumping to $24.46 an ounce β a 7-year high – but still 50% below its $49 peak price.
As Gold continues to rise against a falling dollar, remember it’s not ounces of gold going up, its our currency going down π
This chart of the US Dollar, Euro-dollar, Japanese Yen, and British Pound priced in gold. In chart form, you can clearly see, massive fiat currency debasement has began.
Unlike paper investments (like stocks, bonds and currencies) that can become worthless overnight. Gold & silver have true intrinsic value. They cannot be debased by governments that print paper money at will making their currency worth less each year.
In today’s uncertain political and economic environment, it is wise to seek out proven assets in order to preserve and increase one’s wealth.
Over the long-term, gold has outperformed stocks, bonds, real estate and every other investment class by a wide margin.
So far this century (2000-2020) $25,000 invested in gold, has grown into $195,000. And during the last financial crisis in 2008, gold more than doubled in 2 years and silver increased over 500% as the Federal Reserve printed trillions of dollars to rescue the economy.
Today central banks around the world are printing unprecedented amounts of fiat currency to combat the new financial crisis caused by the global pandemic. Inevitably leading to unprecedented gains in tangible assets in the coming years.
Many experts believe that the stock markets, and the mutual funds that invest in them, are overvalued and at risk for a correction similar to 1929, 1987, 2000 and 2008. Stock market investors should balance their market risk with gold & silver.
Economists have long recommended portfolio diversification and that 20% – 40% of an investor’s assets be devoted to tangible assets such gold & silver. To provide proven protection against equity market declines, asset bubbles, global economic crisis and currency debasement (inflation.)
U. S. Dollar Alert: Inflation has robbed 44% of your retirement savings since 2000.
The US dollar has lost 44.2% of its purchasing power since the year 2000.
That means that the dollars you saved 20 years ago, have lost almost half of their purchasing power.
And stocks have lost 55% of their purchasing power vs real money (gold & silver ) since 2000.
January 2000
Dow 11,500
Gold $275
42 oz of gold to buy 1 share of the Dow.
January 2020
Dow 29,000
Gold $1,500
19 oz of Gold to buy 1 share of the Dow.
Even after the longest Stock bull market in American history. Stocks have lost 55% of their value verses gold.
Never forget anything denominated in dollars (stocks, bonds, annuities, CD’s) lose purchasing power with each passing month.
In fact, over the last half-century, the U.S. dollar has lost 87% of its purchasing power, while gold has increased 58 times in value!
Over the last decade, our national debt has exploded from $8 to $26 trillion dollars, hyper-inflating the stock, bond and real estate markets… And created the largest financial bubble in U.S. history.
Overvalued equity markets, and a monetary system overcome with indebtedness, is not a safe place to entrust your financial future.
That’s why prudent investors are wisely diversifying their retirement-savings out of the unstable equity markets into the safety of tangible assets for profits and protection.
U.S. Gold and silver coins offer unparalleled profit potential, a proven track record of appreciation, privacy and wealth preservation. And there has never been a better time to protect your retirement-savings & secure your financial future with gold & silver than today.
Since 1982 Liberty Financial has helped thousands of Americans secure their financial future in tangible Investments. With over $1 Billion in customer transactions, our award winning ValueVesting system has consistently shown superior investment returns, and our commitment to excellence, has earned us a top consumer investment rating.
In fact, over 98% of our customers continue to reinvest their money with us & almost half of our new accounts are referred to us from existing customers. With wholesale prices, award winning advice, and unmatched service, we offer exclusive opportunities to…
- Build your wealth and protect your assets, no matter what happens in the markets.
- Safely fund your IRA/401k retirement accounts with tangible investments.
- Get up to 30% more value at no extra cost.
- Enjoy capital preservation, privacy and protection.
Speak to an Expert. β
Call (800) 723-8349 now before prices rise again. It could be the best financial decision you make.
At Liberty Financial our integrity is as tangible as the products we buy and sell.