While scanning for new gold articles and gold blogs, I came across this. It was such a good artcle I decided to add it to our D.R.E.A.M. System gold blog. Makin Bacon is the author and did an excellent job writting it.
Our fascination with gold
Gold as a metal has always fascinated people as it has represented wealth, success, and in some cases deities throughout the ages.
In our modern age, as far as it relates to an investment, gold is a somewhat odd metal and vehicle if you want to use it to build wealth.
The reason is is its uses aren't nowhere near in volume as its cousin silver, which has an enormous number of uses, and can be measured in that way when you look to invest in it.
Gold on the other hand, has really only several major uses, and that isn't enough to create the type of demand commodity investors look for.
Gold the political metal
In essence, gold has become a political metal, because it represented in times past a standard and check and balance for those creating paper money. Now that the gold standard has been dropped, it removes the discipline it forced on governments, and so now fiat money is created, and is the cause behind the endless booms and busts we experience in our economies.
Anyway, now gold is primarily looked upon by most investors as a major hedge against inflation and uncertainty; the reason it moves up in price in difficult times, as it has over the last couple years.
Gold Uses
As far as practical uses that create some demand for gold, the major ones are in electronics, dentistry, and Indian weddings. And it may surprise you to know that by far the greatest demand for gold is in connection with Indian weddings.
There are many other uses for gold, but its in small amounts across a variety of industries and in specific situations, which don't produce much demand.
So what does that make gold as an investment? Like I said - unique. For a small but growing number of people, it is being acquired for protection against economic collapse and social unrest.
Indian wedding major source of gold demand
Present Gold Demand
There has been a huge demand for physical gold since the global economic went into the deep recession, and many continue to invest in gold coins and bars as a protection against anything happening.
The reason this is done is because gold is the ultimate currency, and no matter how difficult times get, can be used for trade. You can't say that about paper money which isn't backed by anything any longer, except the 'good will' of the government having the paper money printed out.
Can gold build wealth?
Investing in gold, for the reasons stated above, is difficult to make people rich, as far as gold in and of itself. You can invest in gold coins from a numismatic perspective, but that's different than investing in gold as a commodity.
What has been keeping gold prices from really surging has been a period of forced liquidation, where funds had to sell off their gold because they weren't able to get access to money.
That means that they not only weren't holding on to gold, which they really wanted to, but also weren't investing in it at a time when it usually warrants it.
The attempt to artificially prop up the U.S. dollar has also resulted in gold prices moving up far beyond their current prices, which are still at historic highs, although not when adjusted for inflation.
So at this time, investing in or buying gold in primarily being done for safety reasons, and as a hedge against inflation.
Inflation should push gold prices up for years ahead
With the unbelievable deficit spending by the U.S. government, inflation is going to be a huge factor in the years ahead, as printing of money, by definition, is inflation. And the amount being printed boggles the mind, and will result in the price of gold skyrocketing to protect against the inflation pressures, which will no doubt come upon us.
The unprecedented bailouts by the U.S. government makes this only a matter of when, not if.
So those investing in gold will find themselves possibly enjoying one of the greatest upward gold price movements in history, and will build wealth in a way gold has never been able to do in the past.
Physical gold in big demand- Invest in gold with the long term in mind
There are a number of ways to invest in gold, but I would only focus on the long term trend, and forget about attempting to make a quick killing by trying to predict short term movements, which even the best of day traders aren't able to do very well.
Long term investing in gold is the only way to approach it, and those that do will find themselves in a good position when gold prices start to go up.
Best ways to invest in gold now
So to recap, gold is different that any other commodity because it's the only one that isn't measured by supply and demand, as the amount of demand just isn't enough to move the price of gold.
Gold is valued mostly as a hedge against inflation and safety in times of turmoil. That's where the price point is fixated on, and that's what will drive up the price of gold.
The key indicators are already in place which meets the above two criteria, with economic turmoil raging and inflation about to go out of this world, as the U.S. government just keeps the printing presses going to print out their funny money.
With that in mind, gold may possibly enter an enormous bull run in response to inflationary pressures that could be unprecedented in history, because of the debt being incurred from government intervention into the free markets. Those investing in gold should enjoy great success in response to these realities.
Showing posts with label gold dust. Show all posts
Showing posts with label gold dust. Show all posts
Thursday, July 29, 2010
Monday, May 24, 2010
BUY GOLD DIRECT FROM THE MINE!
The mine offering to sell their gold is in Guyana, South America. D.R.E.A.M. System, LLC is a US Corporation based in Florida. You buy the gold, let’s say 10 ounces ($9,070), then in 18 months they sell your 10 ounces direct to the Government of Guyana for SPOT rate and wire you the proceeds. It’s just that simple. In the above mentioned scenario you purchased $9,070 worth and received in return $15,000 in a half a year.
So Where in the Heck is Guyana….and Why Should I Invest There?Guyana (formerly British Guiana) is located on the north east-coast of South America between Venezuela and Suriname, and completely bordered to its south by Brazil. Historic records show that mining for gold from surface deposits began in the Amazon region as early as the 16th century. Since that time, it’s estimated that over 50 million ounces of gold have been extracted from the Amazon as opposed to only 12 million ounces removed from California during the Gold Rush. In the late 1970s, Brazil’s government conducted a sweeping aerial survey of the region. As a result, they helped to confirm the presence of the “Guiana Shield”, an ancient belt of gold-bearing rock extending eastward from Venezuela through Guyana, Suriname and French Guiana and southward into Brazil’s Amazon Basin, and it is historically known to contain prolific Gold resources. The Amazonian Guiana Shield is actually the other half of Africa’s Guiana Shield, which is responsible for the abounding gold and platinum wealth of South Africa and other countries in sub-Saharan Africa. Sometime during the Jurassic period—about 135 million years ago—the once whole Guiana Shield was split into two as plate tectonics tore one large land mass into two. Today we call these two parts South America and Africa. The best part is there are no environmentalists wackos, no EPA, ample water supply, good roads, and gold processed by sluice, water cannons and vacuum pipes. Guyanese Gold Board Wardens certify production and guard shipments. The Guyana Gold Board blesses this type of mining because the jungle will grow back within 6 months.
So in closing, if you are curious about buying gold direct from this mine instead of the “traditional” way then visit my website at http://www.alluvialgoldconsultants.com/ and fill out the contact page.
So Where in the Heck is Guyana….and Why Should I Invest There?Guyana (formerly British Guiana) is located on the north east-coast of South America between Venezuela and Suriname, and completely bordered to its south by Brazil. Historic records show that mining for gold from surface deposits began in the Amazon region as early as the 16th century. Since that time, it’s estimated that over 50 million ounces of gold have been extracted from the Amazon as opposed to only 12 million ounces removed from California during the Gold Rush. In the late 1970s, Brazil’s government conducted a sweeping aerial survey of the region. As a result, they helped to confirm the presence of the “Guiana Shield”, an ancient belt of gold-bearing rock extending eastward from Venezuela through Guyana, Suriname and French Guiana and southward into Brazil’s Amazon Basin, and it is historically known to contain prolific Gold resources. The Amazonian Guiana Shield is actually the other half of Africa’s Guiana Shield, which is responsible for the abounding gold and platinum wealth of South Africa and other countries in sub-Saharan Africa. Sometime during the Jurassic period—about 135 million years ago—the once whole Guiana Shield was split into two as plate tectonics tore one large land mass into two. Today we call these two parts South America and Africa. The best part is there are no environmentalists wackos, no EPA, ample water supply, good roads, and gold processed by sluice, water cannons and vacuum pipes. Guyanese Gold Board Wardens certify production and guard shipments. The Guyana Gold Board blesses this type of mining because the jungle will grow back within 6 months.
So in closing, if you are curious about buying gold direct from this mine instead of the “traditional” way then visit my website at http://www.alluvialgoldconsultants.com/ and fill out the contact page.
BUY GOLD 10% BELOW TODAYS SPOT PRICE!!!
I have a futures contract for a producing gold mine that I am working with in Guyana (South America). I can lock you, the Buyer, in at 10% below today's spot price, but I only have 5 kilos of 99% purity or 24 KT gold left. The Buyer will pay now, but will recieve the gold in 18 months. There is also a "NO LOSS" guaranty that if gold drops below todays spot price in 18 months, WE WILL PAY YOU WHAT YOU INVESTED! If gold goes up lets say 10%, then you will have made a 20% profit on your investment and best of all it's physical GOLD!
Wednesday, December 2, 2009
GET VETTED OR GET LOST!!!
Silence is fraud's best friend. Word of mouth is fraud's worst enemy. Pass the word!
There are many sites on the Internet that provide an excellent education about various precious metals such as gold and platinum, and one should never consider getting into the precious metals market without a thorough understanding of every aspect of the metal of interest, including its mining history, differences in value, history of values, market routes, all uses, best known dealers, political impact on the value, pitfalls, risks, what is possible and what is not possible, and much more.
Buying and selling gold can be as simple a transaction as working with a local coin dealer or jeweler for small amounts such as heirloom jewelry or a few coins. When the amounts are significant, transactions are much, much more complicated and should not be handled without experienced and specialized advice, again - from a reputable precious metals expert.
Scam:
Gold scams are among the most popular of the precious metals scams. Gold scams have been a traditional scams among the Nigerian fraudster families for generations.
Gold scams come in many forms, from buying phony gold mines to buying non-existent gold bullion. Many gold scam deals involve gold supposedly stashed in the Philippines, in Swiss vaults; left over from the Marcos regime, from World War II Nazis, straight from mines located in Nigeria or other African nations; in 99.9 gold bars, powder, refined, unrefined, and on and on.
Scam artists often want the victim to show up at some bank with a suitcase full of money. The money isn't going into the bank, the suitcase is merely being "exchanged for pure gold". Whatever the means of money exchange, it is always "in advance" of the release of [fake] documents or the non-existent gold or coated ingots. That is why these scams are generically known as Advance Fee Fraud.
Sometimes the scams are simple, sometimes complex involving securities, BLOCKED FUNDS, insurances, special transportation arrangements, PARALLEL ACCOUNTS, banks in several countries, the Federal Reserve, HISTORICAL GOLD BONDS, and whatever combination needs to be assembled to part the unwary from their money. Some of the more popular scenarios involve Arab princes or emirs (usually princes) and royal family names are bandied about with abandon. Regardless of the claimed title or affiliation, it is always a name or title that is meant to inspire a feeling of privilege in the target: Rubbing elbows with the rich and famous.
All documents are fake. Some were the genuine article once upon a time, but those shown to buyers or sellers caught up in these scams have been greatly altered to fit the occasion. This includes documents of authenticity, assayers' reports, customs documents, insurance documents, shipping documents, sales documents, provenance reports, ownership transfer documents, bank documents, storage documents, mine reports, etc., etc.
One must also watch for attempts at incriminating the targeted victim by way of persuading the target to lie about the source of the gold, supposedly in order to slip the shipment past local or international restrictions. This gives the fraudster leverage over the target to use at a later date to manipulate the target into obtaining more funds. The leverage is entirely fake, but the target doesn't know this and believes he or she has broken the law and may rot away in a foreign jail for the rest of his life.
"I NEED GOLD DUST BUYERS!"- GOLD DUST SELLERS BEWARE!!!
"I NEED GOLD DUST BUYERS!"- are the postings that I read all over the internet from business to business websites (b2b). What most alluvial gold dust intermediaries do not realize is that this can be an attractive catch line, but it is the one that can get you into the most trouble. The next following steps will usually consist of sending a SPA, FCO, or even worse...banking information including but not limited to MT103/23, MT760, MT799. DON'T DO IT!!!
Gold dust Sellers beware! My company, DREAM System, LLC has started a campaign to stop the massive frauds and scammers that take advantage of innocent gold dust investors. We have started informing ALL gold dust Buyers NOT to purchase until the gold dust Seller has been vetted (verified that they are real).
Not to worry gold dust Sellers! Since the gold dust Buyers are vetted too, you should have no reason to be paranoid with your alluvial gold dust transactions unless you're a fraud. Isn't it time you all found real jobs or work for a real gold dust Seller? It always amazes me the amount of energy, resources, and conning that goes into these fake gold dust transactions. Why not apply it to the real deal? DREAMS is changing the gold dust industry, so it's time you fraudulent gold dust Sellers move on!
Written by Roger Singh of D.R.E.A.M. System, LLC at www.24KT.cc or www.alluvialgoldconsultants.com
Gold dust Sellers beware! My company, DREAM System, LLC has started a campaign to stop the massive frauds and scammers that take advantage of innocent gold dust investors. We have started informing ALL gold dust Buyers NOT to purchase until the gold dust Seller has been vetted (verified that they are real).
Not to worry gold dust Sellers! Since the gold dust Buyers are vetted too, you should have no reason to be paranoid with your alluvial gold dust transactions unless you're a fraud. Isn't it time you all found real jobs or work for a real gold dust Seller? It always amazes me the amount of energy, resources, and conning that goes into these fake gold dust transactions. Why not apply it to the real deal? DREAMS is changing the gold dust industry, so it's time you fraudulent gold dust Sellers move on!
Written by Roger Singh of D.R.E.A.M. System, LLC at www.24KT.cc or www.alluvialgoldconsultants.com
Tuesday, May 26, 2009
SOFT LETTER OF INTENT (LOI) FOR GOLD
I get so many inquires from new comers and season veterans that want to get into buying and selling gold that I decided to put my companies Soft Letter Of Intent (LOI) up on a blog! Let me start out by saying that it is the norm to be in this business for two years and not make a penny. Just be lucky that you have not lost any! Yes, it is true that when you close a deal it is of "lottery" proportions. That is of course the reason why most people put up with the time and frustration of completing a gold deal.
These deals come in all shapes, sizes, and places. From large (10,000 MT) to small (10 KG) amounts of gold. From gold dust to gold GLD bars. I have seen contracts from every part of the world even Vatican City. Every deal is different. That is one reason why it is hard to put a gold deal together. There is no stadard.
You hear of Swiss Procedure, World Gold Council Procedures, New Fed, etc. The list goes on and on. The Buyer is telling you the way they want it done, while the Seller is saying the complete opposite. It is enough to drive you crazy.
The question that plagues most intermediaries, brokers, and mandates is, "When do I quit?". We all have felt "it". "It" being like you are going in a big circle. It is your job to figure how to bring each side closer to each other. That is what the Buyer and Seller are paying you for.
There is no doubt that you might want to give up. This is why I have enclosed my LOI so you and your potential sellers may view it. If you can convienve your Sellers to follow my procedures, your on your way to a "lottery" fortune.
Hear is some useful advice before I go. Based on my system, you don't have to sign NCND's, IMFPA's, S&P's, etc. It is all a waste of time. I'm sure most of you have dozens of them stacked up on your desk collecting dust. The paper is worth more than the deal. Just call me or email and let me know that your Seller is ready to move and I'll take care of the rest. I know, why didn't someone tell you this before?
These deals come in all shapes, sizes, and places. From large (10,000 MT) to small (10 KG) amounts of gold. From gold dust to gold GLD bars. I have seen contracts from every part of the world even Vatican City. Every deal is different. That is one reason why it is hard to put a gold deal together. There is no stadard.
You hear of Swiss Procedure, World Gold Council Procedures, New Fed, etc. The list goes on and on. The Buyer is telling you the way they want it done, while the Seller is saying the complete opposite. It is enough to drive you crazy.
The question that plagues most intermediaries, brokers, and mandates is, "When do I quit?". We all have felt "it". "It" being like you are going in a big circle. It is your job to figure how to bring each side closer to each other. That is what the Buyer and Seller are paying you for.
There is no doubt that you might want to give up. This is why I have enclosed my LOI so you and your potential sellers may view it. If you can convienve your Sellers to follow my procedures, your on your way to a "lottery" fortune.Hear is some useful advice before I go. Based on my system, you don't have to sign NCND's, IMFPA's, S&P's, etc. It is all a waste of time. I'm sure most of you have dozens of them stacked up on your desk collecting dust. The paper is worth more than the deal. Just call me or email and let me know that your Seller is ready to move and I'll take care of the rest. I know, why didn't someone tell you this before?
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