Archive for the ‘Gold Advisors’ Category

Jim Sinclair – Gold and the Death of Capitalism

by IRA Rollover in Gold Advisors with Comments Off on Jim Sinclair – Gold and the Death of Capitalism

There is no shortage of articles and education telling you how to invest in gold, especially gold bullion bars and coins. Spokespersons abound, ranging from radio talk show hosts to former treasury employees, from ex-presidents to presidents of gold exploration and production companies. Jim Sinclair belongs to the latter group. As chairman of Tanzanian Royalty Exploration, he is so knowledgeable and his advice so respected that he has earned the nickname “Mr. Gold”.

Who is Jim Sinclair?

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If you have any questions about precious metals, commodities, or foreign currencies Jim Sinclair is an acknowledged expert on such things. In 1977 he founded The Sinclair Group, a full service brokerage firm with branches in the United States, Canada, Switzerland, and England. From 1981 to 1984 he was an advisor to Hunt Oil. He’s been associated with two New York Stock Exchange firms and served as president of his own commodity clearing firm, Sinclair Global Clearing Corporation as well as Global Arbitrage. Since 2002 Mr. Sinclair has been chairman of Tanzanian Royalty Exploration, a company that explores for and produces precious metals. He became Executive Chairman of Singapore Precious Metals Exchange in 2013. Sinclair is also the author of dozens of widely published articles as well as three books on investments, precious metals, global events, trading strategies, and how all those aspects affect the world economy.

Jim Sinclair has an impressive background in precious metals and is an astute observer of economic cycles. When he publishes his opinions about how to invest in gold, silver, gold bullion, and other precious metals the investment world generally listens carefully. 

What is Jim Sinclair’s Theory about the Economy?

In 2006 Jim developed an economic formula that explains the cycles of want and prosperity:

  • Interest rates rise, stimulating the housing and motor vehicle industry.
  • Other industries respond and rise or fall and jobs also respond. There are no plateaus or prosperity in economy, it is always moving up or down.
  • Once economic activity starts to slow, the market rises until major companies announce earnings that make the market fall quickly.
  • Profits are curtailed and that means the treasury doesn’t take in as much revenue in taxes.
  • The federal budget sees an increase in the deficit at spending increases each year but tax collections don’t keep pace.
  • Investment in the United States suffers from growing caution about the economy and the deficit.       More dollars are going abroad than are being taken in and the shortfall must be financed somehow.
  • Interest rates rise, especially long term rates, and business activity slows in response. The economy continues its downward spiral. The government sees that it has to adjust interest rates to stimulate the housing and motor vehicle market to get the economy going again and the entire cycle repeats.

This is not a very optimistic view of the economy but it is realistic. If a wise investor pays attention and pinpoints when each phase begins and ends, the cycle can be quite profitable. It can help you schedule best how to invest in gold by timing your purchases to get the most from your dollar. Looking at the economic cycles realistically allows you to time your purchases of investments so that you get optimum value for your retirement account.

What Will the Future be Like for Retirees?

Mr. Sinclair believes that unless you look at the present and future economy realistically you won’t have the retirement you want or deserve no matter how you invest. He believes that between the markets and the government, capitalism no longer exists and a new financial system is on its way in, slowly but surely. Jim also believes that OTCs, not the housing markets and other economic factors, were the main cause of the Great Recession that spread around the world.

OTC (over the counter) derivatives (OTCD) are the main culprit in the death of capitalism and the ruin of the world economy. OTCD are unregulated trades that don’t involve a formal exchange such as the New York Stock Exchange or American Stock Exchange. They include debt securities traded through a dealer network that is unregulated with very few rules. Stocks on OTC networks are typically those that can’t meet the listing requirements of the legitimate stock market exchanges. According to Jim Sinclair, OTCD are in large part responsible for the economic meltdown of the world economy.

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So what is the future now that the economy is having such a hard time restarting? Currencies are falling and are no longer valuable in the long term. Capitalism has largely been crushed as government has taken over markets and largely regulated free enterprise out of existence.

That leaves gold bullion and other precious metals as the only reliable source of wealth in the new economy that is developing.

How in the World Can a Retiree Spend Gold?

It’s all well and good to learn how to invest in gold and other precious metals but how do you spend it when you retire? Do you cut off chunk to buy food or pay utilities? Do you buy in varying weights that you will use in place of a worthless dollar?

Such scenarios can only happen in the fictional world of movies. In reality, there will be a currency system in place by the time you’re ready to use your IRA to fund your retirement. Just like our current system, you can buy currency with your gold and other precious metals that you can use to spend on necessities and luxuries.

The advantage to investing in precious metals is that it will be worth something no matter what currency is on the market. A dollar’s worth of gold will still be worth a dollar and a Euro’s worth of gold will still be worth a Euro. In any currency present or future, gold will hold its worth. Real estate, precious and semi-precious gems, collectible coins, art, and other investments can lose value but gold and precious metals are always viable and valuable no matter what kind of economy you are living in.

In the future, just as in the present, you will be able to exchange your gold and other precious metals for the currency being traded. No matter what country you are in or the form of currency they are using or how it is backed, gold will provide you a comfortable lifestyle.

Prepare Yourself for a Great Retirement!

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With the relatively recent economic collapses, the global recessions, and gloom and doom predictions you might think that a comfortable retirement is beyond your reach. Nothing could be further from the truth!

Gold is a great way to insure that your retirement years are the best of your life. Remember that the key to wealth and security is diversity; it’s wise to have a mixture of precious metals, stocks and bonds, mutual funds, and other financial products. Experienced investor and gold expert Jim Sinclair advises that you start learning all you can about how to invest in gold then slowly build up your retirement account with gold bullion and other precious metals.

We suggest you to follow the below three steps:

Investing in gold or any other precious metals should be a well thought through decision.  We advice you to do your research and be comfortable with whichever company you decide to invest with:

Step 1:

Visit our  Top Gold IRA Companies review page

Step 2:

Visit our recommended company Regal Assets

Step 3:

Call this Regal number and get all your questions answered – Free of Cost – 1-877-721-2659

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If you are a conservative you’ve probably heard at least one commercial featuring Glenn Back promoting the sale of gold bullion at the very best gold prices available. Since 2008, his radio and television shows as well as his internet endeavors have been sponsored by Goldline, LLC, a company he enthusiastically endorses. But do they really have the best gold prices on gold bullion?

Things Aren’t Always What They Seem

Most large companies maintain a publicity department to project a favorable image and counteract any negative feedback or news regarding their operations. In most cases the public can be persuaded to believe the best about anyone or anything if there is a good PR firm involved. However, once legal action is taken it’s hard to put a positive spin on it. This is what happened to Goldline.

In November of 2011, California prosecutors charged Goldline with using a bait-and-switch tactic to lure customers into buying antique coins as investments. A total of 19 counts of theft and fraud were included in the indictment. The complaint alleged that Goldline lured customers with gold bullion then persuaded them to invest in overpriced coins “using false and misleading claims”. There were also complaints from customers who received different products than what they ordered. Goldline had to pay to have a federal prosecutor monitor their operations for five years in order to make sure they are operating honestly and not misleading consumers.  

Sales personnel at Goldline were trained to offer gold bullion but switch to overpriced antique coins that were marked up as much as 50%. In order to lure customers seeking gold bullion and the best gold prices Goldline hired high visibility spokespersons such as John Mercanti, a retired engraver for the U.S. mint. Other prominent endorsers include radio personality Mark Levin, Mike Huckabee, actor and politician Fred Thompson, and Laura Ingraham. 

Don’t Believe Everything You Hear

Celebrity endorsements do not mean a product is good; it means that the celebrity is being paid to get you to buy the product. A popular actor or politician brings in sales because people trust their perception of the kind of person they are. They don’t realize that those personalities are not actually the people they portray on the screen or impersonate on the campaign trail. A product should be purchased on its own merits, not by what a popular actor or public figure says about it.

When a spokesperson claims that they are a customer of a company like Goldline it is probably true. Companies hand out products to their endorsers at no charge or minimal cost so that they can make the claim that they buy the product.

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What’s So Wrong About Buying Antique Coins? 

There is nothing wrong with buying antique coins as investments as long as you know that their value is fluid depending on the market. Numismatic coins are a fascinating hobby and can be quite profitable but their value depends on supply and demand. Buying a gold collectible/antique coin will often cost you more than the value of the gold it contains and if there is no demand for it you can lose up to 90% of what you paid for it.  

If you are buying antique coins because you love to collect and sell/trade them, that’s a valid reason. If you are buying them in order to invest in gold, you may be making a costly mistake. Selling these coins to buyers who know nothing or very little about the market for collectible coins is very profitable to the seller but quite costly for the buyer. Remember that it is their business is to get you to buy those coins and they’ll do anything to get your money. 

Making Money by Fomenting Panic 

Companies dealing in gold bullion and other precious metals aren’t the only ones that encourage a fear of economic and societal collapse to get you to buy their products. If you acted upon all the dire warnings you hear on television and radio your home would be full to the rafters of gold, silver, platinum, palladium, freeze-dried food, guns, ammunition, water filtration devices and various items of barter. Their reasoning is that if you feel as if your family is threatened you’re going to spend all you can afford on these things. Actually, the only ones that profit are the merchants you buy from. It total collapse really came to pass, none of those items would do you much good in the chaos that would result. 

Another tactic Goldline and other companies are fond of using is fear government confiscation of gold. The sales staff would tell prospective buyers that antique coins are the only type of gold that the government can’t legally confiscate. This is not true and there are no federal laws or Treasury regulations that back up that claim. It’s true that the federal government confiscated gold in 1933 but that is the only instance and federal law states that confiscating the gold of private citizens is legal only in a national emergency.  As a condition of their settlement with California, Goldline is no longer permitted to claim that the federal government can confiscate the gold of private citizens.

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When is the Best Time to Buy Gold?

The best time to buy gold, quite frankly, is any time. There are scores of headlines about gold hitting bottom or being at its highest price in history, shouting at you from internet and print headlines as well as mass media. The truth is that whatever the price of gold is, it’s more valuable than our paper currency that is backed only by air and promises.

You’ll find that when stocks are at an all-time high, inflation is under control and the dollar is strong the price of gold is low. This doesn’t mean that gold is worth less, it just means that consumers and the government are confident in the economy and the demand for gold is not at its highest. When these conditions worsen, the price of gold is higher. Gold’s worth is not dictated by the economy, only its price. It is the most stable commodity you can buy and will be one of the few valuable media of trade if the currency collapses.

Make Your Gold Investment Wisely

It’s a good idea to diversify with silver and platinum when you are investing in precious metals. As well as having a variety of metals it is also wise to buy a number of sizes. Precious metals, including gold, are sold in weights as small as one gram (.03 ounces). This means that you can buy gold for as little as $40-50 and begin to build your security and wealth.

Glenn Beck and other celebrities and public figures will try to get you to buy gold from the companies that pay them. It’s up to you to thoroughly research the companies you are thinking of doing business with. Dealing with a company you can trust is just as important as getting the best gold prices on gold bullion and other precious metals when you are insuring a secure retirement.

We suggest you to follow the below three steps:

Investing your hard earned money should not be a quick decision – We advice you to do your research and be absolutely comfortable with whichever company you decide to invest with:

Step 1:

Visit our  Top Gold IRA Companies review page

Step 2:

Visit our recommended company Regal Assets

Step 3:

Call this Regal number and get all your questions answered – Free of Cost – 1-877-721-2659

regal assets

Peter Schiff

by IRA Rollover in Gold Advisors, Gold IRA rollover with Comments Off on Peter Schiff

peter schiff

Wherever you look, people are talking about the economy and being prepared for the future.  Unfortunately, most consumers are not as prepared as they should be.  They may save and invest money but the dollar may not be worth much-if anything-when they retire.  That’s why experts like Peter Schiff endorse gold investments for a secure future.

Who is Peter Schiff?

So, who the heck is Peter Schiff?  He is a world renowned business owner and gold investor and son of Irwin Schiff, a major figure in the tax protester movement in the U.S.  After graduating Beverly HillsHigh School, Peter went on to earn a bachelor’s degree in accounting and finance in 1987 at Berkeley Hass School of Business.

Peter’s education and business experience have led him to believe strongly in the value of investing in precious metals.  His investing philosophy has gained credence as the economy continues to be unstable and the value of the dollar erodes.

How Does Peter Schiff Know So Much About the Economy?

Schiff is so knowledgeable about the economy partially due to his involvement in politics.  Unlike many financial advisors who regurgitate book-learning without real world experience, he was Ron Paul’s economic advisor and helped draft Paul’s economic revitalization plan.  Peter received endorsements from Ron Paul as well as Steve Forbes when he decided to run for the U.S. Senate in 2009.  He was defeated by Richard Blumenthal but gained valuable insight on how politics and the economy affect each other.

Peter continued his research on the economy and working closely with his father he decided that he should secure his wealth with gold and silver.  His research convinced him that was the safest and most profitable way to go as he watched the economy collapse; his projections for the value of the dollar convinced him beyond a shadow of a doubt that precious metals was the best way to plan a secure future.

Why Should I Listen to What Peter Schiff Says?

Peter Schiff founded Euro Pacific Capital, Inc. in 1997, a full service broker and dealer whose specialties are securities and foreign markets.  The company now has six offices across the United States.  Feedback from the company’s clients is nearly exclusively positive, leading Schiff to an interest in educating the public about investing wisely.  The Peter Schiff Show, broadcast online and on radio, is one way he is reaching out to urge people to secure their investments in gold before the dollar collapses.  He has also written books explaining the economy and where it is headed and done so in such a way that the average person without a college education can understand and absorb that knowledge.

Protecting Your Future 

Peter’s goal is to insure that as few people as possible are caught be surprise when the economy crashes and the dollar collapses.  His goal is not entirely altruistic, however.  He points out that the more people who have secured their wealth with precious metals, the better off he and everyone else will be!  He’s not just talking about millionaires, either—anyone can grow a little money by investing it wisely and turning it into a comfortable nest egg.

Schiff is encouraging people to have a gold backed IRA and to invest in gold and precious metals to secure their financial future.  There are scores of companies that will help you achieve that goal.

Visit our Top Gold IRA Company Comparison Page 

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Laura Ingraham

by IRA Rollover in Gold Advisors, Gold IRA rollover with Comments Off on Laura Ingraham


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Laura Ingraham recommends Regal Assets