Current prices offer one of the best chances to buy gold we've seen in a decade. And with governments around the world printing money to support their flailing economies and stock market volatility surging, there's no shortage of reasons to own gold.
But not all gold is created equal - and the same applies to gold investments.
Current prices offer one of the best chances to buy gold we've seen in a decade. And with governments around the world printing money to support their flailing economies and stock market volatility surging, there's no shortage of reasons to own gold.
But not all gold is created equal - and the same applies to gold investments.
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At $1,084 per ounce, gold is scraping multiyear lows, down 42% in four years.
And it seems the gold bears dominate the headlines - everywhere you look, each news item seems more negative than the last.
There have been calls for gold to hit $800... and even lower.
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The leveraged gold futures derivatives market is knocking down the precious metal, yet in massive contrast, this drop has ignited a shopping frenzy. American Gold Eagle sales reached 161,500 ounces in July, the highest monthly figure since April 2013.
With so much gloom and doom in the media surrounding gold prices right now, you might wonder why coin sales are soaring at multiyear highs.
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"If you don't own gold, you don't know history..."
Those words were uttered recently by Ray Dalio, the billionaire founder of Bridgewater Associates, the single-largest hedge fund on the planet, with a whopping $170 billion in assets.
Dalio has produced almost 15% annually for over two decades, and now he's warning anyone paying attention that it's time to own some gold. He believes there's just too much risk in not owning gold today.
Let's take that concern for risk and turn it into our profit. Here's how...
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