PROMOTIONAL ONLY!
SILVER Charts
8-Hour (New York)
|
South African Gold Coins And Medallions Since 1972 South African Gold Coins and Medallions have been a trusted name in local gold and bullion buying circles, as well as among collectable coin enthusiasts and numismatists worldwide. Whether you are in the hunt for South African Coins or wish to buy gold in general, we have a range of bullion available in gold coins and medallions. If you're an avid collector interested in South African Coins, Rare Coins, Sports Coins or Mandela Coins and Medallions, we have selections available to compliment your collection.
We invite you to buy your gold coins from "Your Online Quality-Smart Gold Boutique" today, and be welcome at any time to contact us for any relevant information you may require at: marketing@quality-smart-group.com ![[Most Recent Exchange Rate from www.kitco.com]](http://www.weblinks247.com/exrate/24hr-zar-small.gif)
|
GOLD Charts
8-Hour (New York)
|
![[Most Recent Quotes from www.kitco.com]](http://www.kitconet.com/charts/metals/silver/tny_ag_en_usoz_2.gif)
![[Most Recent Quotes from www.kitco.com]](http://www.kitconet.com/charts/metals/silver/t24_ag_en_usoz_2.gif)
![[Most Recent Quotes from www.kitco.com]](http://www.kitconet.com/charts/metals/silver/tny_ag_en_uskg_2.gif)
![[Most Recent Quotes from www.kitco.com]](http://www.kitconet.com/charts/metals/silver/t24_ag_en_uskg_2.gif)
![[Most Recent Quotes from www.kitco.com]](http://www.kitconet.com/charts/metals/gold/tny_au_en_usoz_2.gif)
![[Most Recent Quotes from www.kitco.com]](http://www.kitconet.com/charts/metals/gold/t24_au_en_usoz_2.gif)
![[Most Recent Quotes from www.kitco.com]](http://www.kitconet.com/charts/metals/gold/tny_au_en_uskg_2.gif)
![[Most Recent Quotes from www.kitco.com]](http://www.kitconet.com/charts/metals/gold/t24_au_en_uskg_2.gif)
_______________________________________________________________________
Gold & Economic Freedom
By Alan Greenspan
Past Federal Reserve Board Chairman Alan Greenspan is one of the greatest financial geniuses that the world has ever known. He has always been a very big proponent of gold. In this thesis that he has written he has openly proposed that the world return to the gold standard. He is also probably one of the reasons that the United States has almost 70% of their total assets in gold.
Gold and Economic Freedom
When gold is accepted as the medium of exchange by most or all nations, an unhampered free international gold standard serves to foster a world-wide division of labor and the broadest international trade. Even though the units of exchange (the dollar, the pound, the franc, etc.) differ from country to country, when all are defined in terms of gold the economies of the different countries act as one -- so long as there are no restraints on trade or on the movement of capital. Credit, interest rates, and prices tend to follow similar patterns in all countries. For example, if banks in one country extend credit too liberally, interest rates in that country will tend to fall, inducing depositors to shift their gold to higher-interest paying banks in other countries. This will immediately cause a shortage of bank reserves in the "easy money" country, inducing tighter credit standards and a return to competitively higher interest rates again.
In the absence of the gold standard, there is no way to protect savings from confiscation through inflation. There is no safe store of value. If there were, the government would have to make its holding illegal, as was done in the case of gold. If everyone decided, for example, to convert all his bank deposits to silver or copper or any other good, and thereafter declined to accept checks as payment for goods, bank deposits would lose their purchasing power and government-created bank credit would be worthless as a claim on goods. The financial policy of the welfare state requires that there be no way for the owners of wealth to protect themselves.
This is the shabby secret of the welfare 'statists' tirades against gold. Deficit spending is simply a scheme for the confiscation of wealth. Gold stands in the way of this insidious process. It stands as a protector of property rights. If one grasps this, one has no difficulty in understanding the 'statists' antagonism toward the gold standard.
by Alan Greenspan 1967
*[The above are only extracts from Gold and Economic Freedom]
___________________________________________________________________________________________________________________
Everyone, no matter how large or small an investor they are, should have at least 10 - 20% of their total assets in gold. This part of your investments will form an emergency fund and is the only investment other than cash that is instantly accessible as money whenever you may need it. You can also use gold as collateral at any bank. Because the gold market is now in a bull phase, your investment will benefit from as its price increases - If YOU have not started building a 'Gold Portfolio' of your own, now is the time to start!
___________________________________________________________________________________________________________________
Gold and Economic Freedom
When gold is accepted as the medium of exchange by most or all nations, an unhampered free international gold standard serves to foster a world-wide division of labor and the broadest international trade. Even though the units of exchange (the dollar, the pound, the franc, etc.) differ from country to country, when all are defined in terms of gold the economies of the different countries act as one -- so long as there are no restraints on trade or on the movement of capital. Credit, interest rates, and prices tend to follow similar patterns in all countries. For example, if banks in one country extend credit too liberally, interest rates in that country will tend to fall, inducing depositors to shift their gold to higher-interest paying banks in other countries. This will immediately cause a shortage of bank reserves in the "easy money" country, inducing tighter credit standards and a return to competitively higher interest rates again.
In the absence of the gold standard, there is no way to protect savings from confiscation through inflation. There is no safe store of value. If there were, the government would have to make its holding illegal, as was done in the case of gold. If everyone decided, for example, to convert all his bank deposits to silver or copper or any other good, and thereafter declined to accept checks as payment for goods, bank deposits would lose their purchasing power and government-created bank credit would be worthless as a claim on goods. The financial policy of the welfare state requires that there be no way for the owners of wealth to protect themselves.
This is the shabby secret of the welfare 'statists' tirades against gold. Deficit spending is simply a scheme for the confiscation of wealth. Gold stands in the way of this insidious process. It stands as a protector of property rights. If one grasps this, one has no difficulty in understanding the 'statists' antagonism toward the gold standard.
by Alan Greenspan 1967
*[The above are only extracts from Gold and Economic Freedom]
___________________________________________________________________________________________________________________
Everyone, no matter how large or small an investor they are, should have at least 10 - 20% of their total assets in gold. This part of your investments will form an emergency fund and is the only investment other than cash that is instantly accessible as money whenever you may need it. You can also use gold as collateral at any bank. Because the gold market is now in a bull phase, your investment will benefit from as its price increases - If YOU have not started building a 'Gold Portfolio' of your own, now is the time to start!
___________________________________________________________________________________________________________________
Why you should be buying gold right now
If you are thinking of investing in Krugerrands, you may be doing so because the gold price is on the rise. Krugerrands are effectively 1oz of fine gold. This is the main reason why Krugerrands are purchased. We will now examine the reasons why we feel that there has never been a better time to invest in gold.
Two of the world’s largest and most powerful financial institutions are called The World Bank and the IMF (International Monetary Fund). These are owned and controlled by the United States treasury and hold some of world’s largest reserves of gold. The holdings of the IMF alone are 3 217.8 tonnes, making them the world’s third largest holder of gold. The gold that they hold is the very foundation of these institutions and also of the world economy, which is under their control. The fact that these institutions have such large gold holdings implies that there is no greater asset anywhere in the world, other than gold. The United States is the richest and most powerful country in the world and is also the largest individual holder of gold. It has 8 133.5 tonnes of the metal, which constitutes 67.5% of their total assets. The fact that almost 70% of the United States assets are in gold, sends every investor a very simple message: "You too should have gold!"
___________________________________________________________________________________________________________________
If you are thinking of investing in Krugerrands, you may be doing so because the gold price is on the rise. Krugerrands are effectively 1oz of fine gold. This is the main reason why Krugerrands are purchased. We will now examine the reasons why we feel that there has never been a better time to invest in gold.
Two of the world’s largest and most powerful financial institutions are called The World Bank and the IMF (International Monetary Fund). These are owned and controlled by the United States treasury and hold some of world’s largest reserves of gold. The holdings of the IMF alone are 3 217.8 tonnes, making them the world’s third largest holder of gold. The gold that they hold is the very foundation of these institutions and also of the world economy, which is under their control. The fact that these institutions have such large gold holdings implies that there is no greater asset anywhere in the world, other than gold. The United States is the richest and most powerful country in the world and is also the largest individual holder of gold. It has 8 133.5 tonnes of the metal, which constitutes 67.5% of their total assets. The fact that almost 70% of the United States assets are in gold, sends every investor a very simple message: "You too should have gold!"
___________________________________________________________________________________________________________________