PHOENIX, Aug. 8, 2008 — Why buy $850-an-ounce gold? "Value, safety and growth," says author and Swiss America CEO Craig R. Smith. With housing at 10-year lows, bank assets selling for pennies on the dollar, oil and gas prices skyrocketing, stocks battling a bear market, a weak U.S. dollar and inflation at 27-year highs, "smart money will 'go for the gold' to gain safety today and growth tomorrow," says Mr. Smith.
"Volatile stock markets and a lack of confidence in the banking system has boosted demand for gold coins from private investors to levels not seen for 25 years," reports London Telegraph. "Upcoming government bailouts will boost the money supply and further shred what's left of the dollar's buying power," says Mr. Smith.
Just look at a ten-year gold price chart (http://www.swissamerica.com/tracker.php?tcode=8808PR) with circles marking every July to September period since the bull market began in 2001. As one can see that time frame represents a very good buy point. "Every year the July to September period has marked the bottom for the year and as the years have passed the moves up after that period have increased exponentially," writes precious metals analyst Warren Bevan.
Uncertain times require more diversification into hard money: gold and silver. Gold is sometimes referred to as the "anti-dollar" because it rises as the buck falls. "With prices dipping, now is the time to buy gold coins. The next up-move will send gold prices above $1,175 in 2008," according to Mr. Smith. (Read 60 experts who are also forecasting $2,000/oz. gold within 3-5 years)
Swiss America is offering a DVD that promises to teach its viewer everything they need to know about gold and silver investing in about a half-hour.
Their 2008 "RARE OPPORTUNITY" DVD covers all of the basics investors need to know before buying or selling gold; four types of gold worth owning, five steps before buying gold, and six major forces driving gold higher.
REGISTER for a FREE "Rare Opportunity" DVD (http://www.swissamerica.com/tracker.php?tcode=8808PR) and "Gold: The Next Stage" report (a $30 value) for the rest of the story about: 1) Self-Directed Precious Metal IRAs, 2) Opportunities in gold and silver bullion coins, and 3) The best American numismatic gold and silver coin values today.
Learn how easy it is to convert an existing IRA or 401(k) into a "Self-Directed Precious Metal IRA" without any tax penalties or new contributions. This is a smart way to hedge market losses with virtually no money out of pocket.
For media interviews with Craig R. Smith contact Bronwin Barilla at 800-950-2428.