GOLD, SILVER, AND NUMISMATIC COINS

Will You Survive The Coming Financial Crash 27
© 2005 Kent Daniel Bentkowski
GOLD, SILVER, AND NUMISMATIC COINS :
With the fundamentals of the U.S. economy portending a complete collapse of the U.S.
dollar --- out of control government spending, the trade deficit with China, the shrinking
value of the U.S. dollar, and interest rates at a 46-year low --- this is the best time for the
reader to participate in the real market. This is the precious metals market, where
physical property is obtained, instead of a piece of paper promising a piece of the action,
such as is the case with common stock. The market trading precious metals delivers upon
purchase, the physical gold, silver, or collector's coins --- which are known as numismatic
coins. Because the numismatics are available in small quantities, they appreciate in value
rather quickly. For this reason, they make a great investment.
In the April 10, 2005 issue of Parade magazine
(pg. 25)
, there was an advertisement for
U.S. government gold coins, which contained the following headline:
"Gold Tops $400 per oz. Market Primed To Explode! Gold Sets Blistering Pace
Towards Predicted $1,500 per oz."
Here are some links that describe the gold American Eagle program:
http://www·usmint·gov/mint_programs/index·cfm?action=american_eagles
http://www·usmint·gov/downloads/mint_programs/am_eagles/AmerEagleGold·pdf
http://www·usmoneyreserve·com/index·html
Because of the horrible financial condition of the United States, we are clearly in the early
stages of a Bull Market for gold, the price of which has been stable, only because the
general public is reactive, and not proactive. In the past five years, those who have
researched and bought into gold as an investment, have been among the most astute and
well-informed investors in a market under these present conditions. The stability of the
price of gold has occurred only because of the huge manipulation of the market, which
has kept the price artificially low. This cannot go on forever, because all pyramid schemes
inevitably do come crashing down.
It is only a matter of when it will happen . . .
Both China and Japan have encouraged their citizens to purchase gold, and this has
contributed to the increase in the price of gold over the past two years, from 2003-2005,
where it has increased $100.00 oz.!
"A lot of people say Gold is being manipulated. If it is, it means when it really
starts to explode, the price of Gold is going to go a lot higher [than it is now]."
--- Richard Russell, Investment Analyst, Dow Theory Letters, April 6, 2005
Believe it or not, but we have seen this type of economic environment before in our recent
history. It was 1977-1978, and gold was primed to soar, and coincidentally, a major U.S.
automaker was in serious financial jeopardy, which at that time was the Chrysler