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February 18, 2010

Got Gold?

Do you have investments in stocks, bonds, 401k’s or other paper? If so, your investments have likely taken a big hit in the last few years. Are you aware that over the same period of time your paper assets have dropped considerably, especially when considering inflation, gold has soared to an all time high? In fact, the price of gold has more than quadrupled in the last ten years.

You may think that you missed the boat, but that it not what most of the experts who predicted this gold bull market have to say. Most believe that now may be the last time to buy gold bullion before it doubles, triples or even more in price. Personally, I still consider it the best and least risky investment available at this point in time. So think seriously about where to invest your money. Do you want your savings in paper promises (including cash) that can literally end up worth no more than the paper they are printed on or something that has always retained its real value throughout history?

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