Use The Price of Gold Today To Your Advantage 2012

The developed world is in shambles across the board…as if you didn't know
that! But it is tiresome to continue reading about how central banks are
carelessly trying to have us believe that all is okay on the western front. It
is coming down, all of it. As for the other side of the Atlantic, they carry on
their dangerous spending habits even more than they can conceivably appropriate
through tax collection. In reality they are quite impoverished along with the
United States. As reported by the US Treasury, the US finalized the year with
total debt of $15.2 trillion which translates into the US debt-to-GDP surpassing
100%. It's funny, though, how normally if a bank becomes insolvent a default
would ensue, but nowadays, a bailout will have the same effect…or so they
think. They are fooling themselves and desperately trying to drag us along. And,
not only that, if the central bank is not able to supply straightforward and
open aid to a banking institution, no problem, because a central bank can then
administer obscure, clandestine help. The backdoor bailout demonstrates this
directly. The Eurozone can not be helped by the European Central Bank so the US
Federal Reserve will come into the picture incognito. Using swap agreements as
the undercover agent, the ECB accepts loans from the Federal Reserve which it
then loans to Europe's fraught banks. Sequentially, the 'financially
ruined' banks utilize the economical financing to purchase the high-yielding
bonds of Greece, Italy, Spain, and the rest of the Eurozone. The chain is clear.
The Federal Reserve is bailing Greece out as well as every other bankrupt bank
in the Eurozone. Who will pay? Yes, we know. Taxpayers will lose their
hard-earned money and, subsequently, lose even more when these banks default in
the long-run which is probably not that far ahead anyway. So you're a
pessimist. Well, interpret this then: • (A few weeks ago) Dollar swaps between
the Federal Reserve and the ECB was only $2.4 billion. • (Week ending December
14, 2011) Dollar swaps between the Fed and the ECB was $54 billion • (Week
ending December 21, 2011) Dollar swaps between the Fed and the ECB was up
another $8 billion The Federal Reserve has only invested $62 billion in the
Eurozone but as that number hikes, and it will, they will be giving us another
reason to buy gold . It seems as if the call of the day is to solve debt with
the printing of money. Do as the title of this article suggests…use the price
of gold today to your advantage. The bull market that is occurring right before
your eyes is actually history in the making. If we were to look at the last day
of the year's quotes since the turn of the 21st century, it is clear that gold
has outperformed itself every single year . From $273.60 in 2000 to $1566.90 in
2011, it has steadily moved only up and never lower than the previous year. That
is history. To the naysayers…eat that for breakfast, AGAIN! And if we look at
the long-term, there is more to be joyful about. Profit from the price of gold
today…even if you're a naysayer (don't worry, we won't tell anybody).
Tags: Gold Prices, Price Of Gold , Today's Gold Prices This entry was posted
on Monday, January 30th, 2012 at 10:33 am and is filed under Gold Price. You can
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