Gold has been around for ages.  I’m not that old, but gold will tell a different story.  It’s been around since the beginning of time.

Why have investors begun to hoard this precious metal?

Why have households across America begun to increase the amount of their assets that normally go into stock and bond funds?

It’s easy.  Easy to do.  Easy to buy, easy to store, easy to sell.  It’s tangible.  It’s safe.  It’s everything the stock, currency and real estate markets are not and it’s getting easier and easier to make money with it.

Now and then the gold market sees a pullback.  Now is one of those times.  With gold up to almost $1,000 per ounce, investors are coming to buy and buy more gold in order to protect themselves from the coming financial disaster that is expected to wipe out more Americans as if the events of 911, the stock market collapse and currency crisis were not enough, this next batch, or should I say, inflation, should do the trick.  And when I say trick, I don’t mean a circus trick, I mean a financial disaster so extreme most won’t be able to rationalize it to themselves.

Read the rest of this entry »