Editor’s Note: For updated information, visit our resource page on investing in gold.
The biggest gold rush in world history has just begun. But this gold rush will be different than any of its predecessors.
It won’t take place on a remote desert plateau or frontier mountain range. And you don’t need to become a grizzled prospector to get in on the action, I promise you.
No, the biggest gold rush in history is about to take place on Wall Street. And it will be remembered as. . .
The Most Lucrative Gold Investment Event of All-Time
We have just entered the final and most profitable stage of the greatest gold bull market in history.
During this stage, a sharp increase in demand will whip gold prices higher into a blistering parabolic spike.
Massive price movements in gold prices have happened before. In the final stage of the last gold bull market in the 1970s, gold prices swung 750% higher!
A heavy increase in demand ultimately pushed gold prices 2,329% higher in the bull market of the 70s. A $5K investment turned into $116,450.
Today, investors from all classes and skill – from massive government central banks to amateur individuals – are beginning to buy more gold at a faster rate. And there’s no wondering why.
The world economy is still very weak with the international banking system in trouble. Meanwhile, the U.S. dollar is under the treat of losing it’s role as world’s main currency reserve status due to a exploding deficit that’s increased the nation’s debt to now over $12 trillion.
As a result, the demand for gold – particularly for investment – is rapidly outstripping world supply.
Last year, total demand was over 49 million ounces (worth $43 billion) higher than world gold production.
And with hundreds of mines shutting down around the world as the global economic crisis continues to squeeze development budgets, there’s no doubt we’ll see further declines in new gold mine supplies.
At the end of the day when the final stage of the bull market plays itself out, I expect gold prices to be in the $3,000 to $5,000 range – maybe higher.
So even at $1,000 an ounce, I still think gold is a screaming buy.
The talking heads on CNBC would like you to believe otherwise.
Almost every time gold is mentioned on CNBC – or in another mainstream financial media outlet – the anchors talk about previous gains but are always sure to end with a negative perspective or outlook. Mark Haines is one of my favorite anti-gold guys on CNBC. Earlier this week he mentioned that gold was a not a hedge against inflation because it has underperformed since 1980. Mr. Haines didn’t mention, however, that gold has outperformed inflation in the U.S. every other year since 1800.
There’s little doubt that gold prices are going to increase from here. The only question is how high will it go. And because you’re a member of Wealth Daily, I am going to give you an exclusive opportunity to. . .
Buy Gold Under Spot Prices
For the past 10 years, I’ve owned and operated AmeriGold, an independent authorized gold and precious metals dealer.
So I can tell you directly from first-hand experience that the demand for gold is going through the roof right now. In fact, as I write this letter to you I can hear our phones ringing off the hook in the background.
In the past few weeks, I’ve had no problem selling gold. And because business is so good, I am able to offer select customers a special, limited-time discount on gold bars and coins purchased from AmeriGold.
This is a deal that you’ll find no where else, believe me. For the next few weeks I will be exclusively offering Wealth Daily members:
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A 1.25% discount on gold orders between $5,000 and $9,999,
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1.5% discount on gold orders between $10,000 and $24,999, or
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2% discount on gold orders between $25,000 and $50,000
All you have to do to get the special discount is take a risk-free $25 trial of my Mining Speculator advisory service.
Why Mining Speculator Is a Must-Buy in this Market
Mining Speculator is the definitive resource for investors seeking big profits from the gold and precious metal bull market.
It’s also where investors, burned by the financial crisis, are now turning to as a safe-haven alternative to the agenda-guided mainstream financial media. New Mining Speculator subscribers are joining everyday.
I tell them what stocks to buy and when. And, more importantly, I tell them when to sell the stocks. That way subscribers of Mining Speculator get to take the greatest possible gain.
During the first two stages of the gold bull market between 2001 and 2007, my Mining Speculator portfolio gave subscribers an average return of 212%. I even had one winner that returned a 6,000% gain!
And now that gold prices are holding above $1,000 an ounce and aimed higher, I expect the bull market in junior mining stocks to jump right back on track.
And right now for as little as $25 you can begin getting the Mining Speculator advisory, plus receive the special discount on gold purchased from AmeriGold.
But this is a limited-time offer. I can only extend this special discount to new Mining Speculator subscribers until December 31, 2009. So I urge you to act now.
You need to have gold in your portfolio anyway. And with this kind of offer, there’s no reason not to buy gold right now.
To safe, prosperous investing,
Greg McCoach
Investment Director, The Mining Speculator
