Everybody wants to choose the best financial solution for his money and the investment scheme that will guarantee the biggest gains and the surest way to get there. There are many investment solutions on the market and as many investment schemes: you can invest your money in stock, in real estate, in mutual funds, gold investment companies. You can choose to invest your money yourself or you can trust your funds to a specialized broker whose job is to find the best solution for you.

Many people choose to invest their money on the stock market or to try to find cheap real estate. However, there are people who invest their finances in buying gold. “Why gold?” you may ask. While stock markets all over the world have their difficulties and even crisis periods and real estate is volatile, gold is considered the worlds crisis commodity. After World War II, every national bank established its financial situation and its currency value according to how much gold it owned. Politics, wars and social disorders can disrupt financial markets, banks. Financial manuals present examples in which international financial crisis has been the consequences of the actions of a few people. National currency has dropped significantly and many stock markets lost incredible values over a short period. However, gold is considered a very stable asset and people choose to buy gold bullion when they believe that normal financial solutions have difficulties. While the International Monetary Fund and the World Bank supervises all financial transactions all over the world and state policies, the truth is that today’s financial world is vulnerable to all sorts of speculative attacks or political unrest.

Investing in gold or in gold investment companies is a viable solution and an alternative to stock markets and there are many reasons for this. The world witnesses many disturbances and financial markets follow this progress carefully. While investing in the stock markets in a decline can bring you losses, investing in gold is a more secure option. Indeed, choosing gold investment companies will not bring you any huge financial advantages inn the short term. If you are interested in a short timeframe win, you can try other investment options. If you want to put your finances in a financial instrument for the long run, a financial instrument that will surely hold its value in time, choosing a gold investment company is the right choice for you. During crisis periods, the stock markets go down, while the gold’s price goes up. When the difficult period is over, the stock market go back up, while the gold’s price does not vary significantly. Gold is also a limited asset. The world’s gold production is somewhat limited and there are few chances that huge gold deposits will be found in the near future. As with any limited asset, the gold is surely going to hold its value in the future.

You can choose several options in which to invest in gold. Gold investments can be done directly (buying actual gold bullion) or through indirect means (accounts, share derivates and certificates). The World Gold Council estimates that the gold consumption all over the world is less that the gold output, so the difference goes into private or state owned gold deposits.

The common question is how we can invest in this misunderstood asset in a safe manner?

To answer this question, we need to explore the different forms of gold available as an investment vehicle. Gold in its crude form does not look appealing to investors and I believe no one will be keen to go to gold mines to dig for gold as a pastime. I will only cover the different types of gold investment and you can decide for yourself the form to go into after considering the risks and rewards of each form.

Physical gold is the basic form of gold investment where investors are known to hoard them up as a defence against inflation. You can invest in physical gold in the form of bars and coins. Bars include the Credit Suisse bars which are well-known all over the world. However, such bars are known to be selling above the prevailing gold price and may not be a wise choice in the long run as they can be hard to dispose off when you really need the money. My recommendation will be to go for bullion coins like the American Eagle or the Canadian Maple Leaf as they usually trade closely to the gold price. Many people will feel that the hoarding of these coins are an hassle and we should go for gold accounts set up by banks instead. I will like to remind all that history has showed us that in times of turmoil ie the Vietnam War, only physical gold bought people a safe ticket out of the war zone. For the sake of your family’s future, I will advise keeping ten percent of your networth in physical gold.

Another way to invest in gold will be using the gold accounts of banks. The units in the gold accounts in the banks are backed up by physical gold held in the banks and the banks will give the assurance that you can convert your gold back to cash anytime. The only disadvantage is that the fees for such services can be as high as 1 percent each year and over the long run, you may be making your bank richer than you. In another worst case scenario that the bank collapses, it will definitely be a challenge getting your gold back.

For the passive investors, you may like to consider buying into gold funds but do note that these funds usually invest in companies that are involved in gold production. This means that you are also investing in the management of these companies placing faith that they are upright. Gold funds offers diversification to most investors and is a lazy way to gain exposure to different gold companies all over the world. Of course, you will have to factor in the management fees as well as the possibilities that the under performance of the fund managers.

Last but not least, Gold ETF(exchange traded fund) offers investors a easy way to invest in gold as the price of the ETF unit will track the prevailing gold price closely. The transparency offers investors more confidently and there is really little skill involved here. The low charges make it an additional bonus as you hold gold in the ETF. No storage risks and everything looks great. Is it really so? Again, I will like to highlight on one risk known as liquidity risk that in the event of a world crisis, can you dispose your unit at a fair price if you need the money? In a gold fund, you can be sure that the fund manager will find the cash to redeem your units but an ETF functions in a free market where there are willing buyers and sellers. The key question is can you find a buyer to take over your unit at a fair price then?

I hope that this short article has given you an overview on the different ways to invest in gold. Do your own research and good luck building your own portfolio of gold eventually.

Gold is slightly more risky than bonds, so you should be careful to pay attention to this. The reason for this is that while gold is used in some industries, it does not necessarily need to be worth as much money as it is. Also, part of the reason that gold is worth so much money is due to its comparative rarity. If the markets were to become flooded, chances are good that you would lose money. However, gold has a tendency to stay relatively stable, or to increase its value, over time.

How stable is gold investing? Well, the demand for gold is much higher than its supply. As you can tell, this is already good for people who are thinking about gold investing. Once there is more supply than demand, the price starts to rise. Since the demand for gold is almost twice the amount that is actually mined, the prices for gold are likely to go up steadily.

This also means that it is still a good time to invest in gold. The reason for that is that prices for gold need to go up so that there is not a gold shortage in the world. (After all, the increase in prices will decrease the demand until finally, there is no more gold shortage).

The first thing that you should keep in mind about gold investing, is that you should not put all of your money into one type of gold investment. You should also not just go out and buy a bunch of physical gold. While this is a good way to build a solid and insured foundation, you should also be investing in some of the other parts of the gold industry. For instance, if you invest in gold mines that are not producing at their top amount yet, or in potential gold mines, you stand a chance of making more money in the future.

Since gold is in such high demand, it is likely that any gold mines that are not producing much will start trying to produce more – so that they can cash in on the high demand and higher prices as well.

A good reason for investing in gold mines instead of just in physical pieces of gold, is that if you only invest in physical gold, it’s more likely that it can be stolen from you, at which point you will lose your entire investment.

Gold is not just an ancient metal with no usefulness in today’s society.  Gold’s value is also on the rise. Therefore, the obvious question is this:  How do you get gold for yourself?

Gold Markets Around the World

Today, gold trades in many markets around the world. At any time of the day or night, a current market price is being established somewhere. Two of the most important world markets, however, are in London and New York.

The London market is one of the oldest in the world and is the largest market for physical gold. Since September 12, 1919 the price of gold has been set at “the London gold fix” and this price is used in contract arrangements around the world. Today, the gold fixings take place at 10:30am and 3pm and provide published prices that are used as official pricing medium by producers, consumers and central banks.

The New York market opens as the second London fix takes place and gold then trades throughout the day. The New York market is particularly noted for the volume of “paper gold transactions” such as futures contracts that are traded on the exchange.

There are other important gold markets in Zurich, Tokyo, Sydney, Hong Kong and elsewhere – so gold is being traded somewhere 24 hours a day.

Investment in gold can take many forms. What follows is a summary outlining various investment vehicles, their advantages, disadvantages, and levels of risk.

Gold Bullion Bars & Coins

Gold bars are offered in a variety of weights and sizes. Since broker commissions are typically low, bullion is the most cost efficient way of owning actual gold.  Be sure to get gold that bears the hallmark of internationally recognized refiners so that it will be easier to sell.

Another popular way to own gold and have it in your physical possession is through gold bullion coins. Gold bullion coins are actually the money of the issuing country and have a guaranteed gold content.  The face value of the coin is not the true value.  The true value depends upon the gold content and the price for gold at the time.

Bullion coins are minted in affordable weights such as 1/20, 1/10, 1/4, 1/2, and one ounce (about 31 grams). The bullion coin represents an investment in pure gold and, because it is legal tender, its authenticity is guaranteed by the country of origin. Gold bullion coins can be easily bought and sold virtually anywhere in the world. Prices for the most popular one ounce coins are quoted daily in most newspapers around the world.

Some of the most popular bullion coins are the American Eagle, the Australian Kangaroo Nugget, the UK Britannia, the Canadian Maple Leaf, the Austrian Philharmonic, and the South African Krugerrand.

Gold coins are traded throughout the world on a daily basis as an integral part of the international gold business, so they always have a ready market, and the spread between the buying and selling price is usually quite small.

While bullion coins are normally purchased for their intrinsic value, they are also appreciated for their artistic appeal and beauty. Coins make memorable and valuable gifts, are easy to store, easy to transport, and anonymous.

Gold Statement Accounts

Gold statements are obligations of the issuing institution to deliver upon demand, a specific quantity and fineness of gold. An investment in a statement account provides safe and convenient storage and allows investors to buy gold in convenient dollar amounts.

There are two types of gold accounts: allocated and unallocated.

Holding gold in an allocated account is like keeping it in a safety deposit box. Specific bars, which are numbered and identified by hallmark, weight, and fineness, are allocated to each particular investor, who has to pay the custodian for storage and insurance.

Many investors prefer to hold gold in unallocated accounts, which are similar to foreign exchange accounts. Unless investors take delivery of their gold, they do not have specific bars ascribed to them. An advantage of unallocated accounts is that investors do not incur storage and insurance charges. However, they are exposed to the credit-worthiness of the bank or dealer providing the service in the same way that they would be if they had any other type of account.

Gold Accumulation Plans

Gold Accumulation Plans (GAPs) are similar to conventional savings plans in that they are based on the principle of putting aside a fixed sum of money every month. What makes GAPs different from ordinary savings plans is that the fixed sum is invested in gold.

A Gold Accumulation Plan is set up just like most other savings accounts. The investor commits to investing a fixed amount every month, usually for a minimum period of one year, although about 90% of contracts are rolled over (extended) when the one-year term is complete. Once the Plan is set up, installments are withdrawn from the investor’s bank account automatically.

The monthly amount is then used to buy gold every trading day in that month. The advantage of this is that less gold is bought when the price is high, and more is bought when the price is low, since the daily amount of money invested is fixed.

At any time during the contract term, or when the account is closed, investors can get their gold in the form of bullion bars or coins, and sometimes even in the form of jewelry. Of course, they can also get cash should they choose to sell their gold.

Gold Options

A gold option provides you with the right to buy or sell gold at a fixed price at some specified future date. Investors may take or make delivery of the gold underlying the contract on its maturity although, in practice, that is unusual. The major benefit is that such contracts are traded on margin, that is only a fraction of the value of the contract has to be paid up front. As a result an investment in a futures contract, whether from the long or the short side, tends to be highly geared to the price of bullion and consequently more volatile.

The cost of a futures contract is determined by the “initial margin”, that is the cash deposit that has to be paid to the broker. This is only a fraction of the price of the gold underlying the contract thus enabling the investor to control a value of gold that is considerably greater than the cash outlay.

Futures contracts are traded on regulated commodity exchanges, the largest of which are the New York Mercantile Exchange Comex Division and the Tokyo Commodity Exchange.

Gold options give the holder the right but not the obligation to buy (”call option”) or sell (”put” option) a specified quantity of gold at a pre-determined price by an agreed date. The cost of such an option depends on the current spot price of gold, the level of the pre-agreed price, known as the “strike price”, interest rates, the anticipated volatility of the gold price and the period remaining until the agreed date.

Mutual Funds

A number of mutual funds and investment trusts specialize in investing in the shares of gold mining companies. The appreciation potential of a gold mining company share depends on market expectations of the future price of gold, the costs of mining it, the likelihood of additional gold discoveries and several other factors. To a degree, therefore, it depends on the future earnings and growth potential of the company.

Most gold mining equities tend to be three to four times as volatile as the gold price. While they are subject to the same risk factors that influence the prices of most other equities there are additional risks that are specific to the mining business generally and to individual mining companies specifically.

With gold mutual funds, you are buying general market risk instead of company-specific risk. Mutual funds diversify their holdings among dozens of companies. Some funds offer a broad mix of international mining stocks, while others invest in specific regions such as North America, Australia or South Africa.

If you are planning to have gold as part of your portfolio, you will undoubtedly have it in one of these many ways. Determining which way is right for you is a matter best discussed with your broker or financial advisor. Regardless of the path you choose, always remember to diversify!

I took me a good year and a half to get back into the groove after the pounding I took during the internet implosion of 2000. That was an extremely painful year and I was in no hurry to donate more money to Wall Street. I tried a few of the same old things from 2000 in early 2002 with little success. By late 2002, I discovered Adam Hamilton and the world of commodity stock investing.

Since I worked in high tech, I had seen first hand how tons of money was plowed into anything internet related. Engineers with Power Point presentations had gotten millions of dollars in venture capital money, while capital intensive areas such as mining were ignored. The payback on an internet investment was infinitely shorter than an investment in mining. Mining companies had to find deposits, mine and then sell it. There were environmental and political issues to overcome as well as potential labor problems. With virtually no investments going into mining, it made sense that commodity prices were in the dump.

As I learned more about commodities, I understood why most of Main Street avoided investing in this area. Investing in mining companies have too many moving parts. Not only are you concerned about the company’s fundamentals, but direction of the commodity itself plays a major factor. Gold stocks seldom go up if the gold itself is trending down. There is also political risk. Gold is found in all parts of the world and sometimes the governments play by their own rules. Every now and then, a non-mining friendly government seizes a mine after companies have invested millions in development. Unfortunately, there are many more factors affecting the price Gold. In Adam Hamilton’s latest essay, he list 10 factors affecting Gold’s price.

Many people believe that we are in the second phase of a secular bull market in gold. If that is true investment demand will trump all other drivers; which happens to be the easiest of the factors to comprehend. Basic economics state that when demand exceeds supply, prices rise. Rising prices provide incentive for producers to increase production. However, like already discussed – it takes more than a Power Point presentation to produce Gold. In other words, prices will continue to rise until demand is satisfied.

The question becomes what will cause investment demand too increase. In November 2004, GLD a gold exchanged traded fund (ETF) was listed on the New York Stock Exchange. For the first time investors could purchase gold as easily as purchasing a stock. No more trips were required to the local coin dealer. No more concerns about storage. Simply click a few buttons and you are an owner of gold. GLD has become one of the fastest growing ETFs in the United States.

Not only has GLD provided opportunities for individuals, but also for many institutions like pension funds that were prohibited from directly owning gold. For diversification purposes, it is quite useful to own asset classes that are increasing in value while other aren’t. It is well known that commodities do exactly that – they have a negative correlation to equities. So, GLD becomes an excellent way for institutions to further diversify their assets. A silver ETF was listed in May of 2006 and there is discussion of introducing a platinum ETF in 2007.

That’s all well and good, but it is the demand from Asia that will send gold to all-time highs. Asian cultures have a strong affinity for gold. One’s personal wealth is traditionally determined by how much gold is owned. Indian brides receive dowries of gold often in the form of gold jewelry or gold coins. Indian families store extra income from the harvest each year in gold jewelry. It is truly a fabric of their life.

China is on the verge of becoming the world’s next super power. As Asian investors become wealthier, their ownership of gold will increase. There are literally billions of people in China. It is true that many will not attain the standard of living as enjoyed in the US, but the demand created by hundreds of millions of Asians buying small amounts of gold will be unprecedented.

Yes, that demand will take some time to materialize, but investors in gold are quite pleased today. In 2006, GLD outperformed the S&P 500, 22.5% vs. 13.6%. My preferred vehicle Central Fund of Canada (CEF) a 55/45 mix of physical gold and silver outperformed them both, 37.2%.

I used to try to convince my friends to buy gold by talking about inflation, the decline of the dollar and geopolitics. Now I simply talk about supply and demand.

BTW, GLD was just recently listed on the Singapore Stock Exchange.

Throughout history, gold has been a highly valued substance. It’s unique properties and relative scarcity caused almost every world culture to use it as a form of money, as well as a way to “store” value. Although it has lost much of its importance as a form of currency, gold investments still provide a great way to protect your money and diversify a portfolio.

Over the past few years, gold prices have been steadily rising. There is a very good chance this trend will continue over the long-term, making it a good idea to put some money into gold investments now. Also, buying gold is a great way to hedge against other investments. Due to uncertainty in the stock market and the value of the US dollar, it’s a good idea to put 10-20% of your money into a hedge fund in order to protect yourself. Gold and silver have always been considered to be among the best forms of hedge investments because they have relatively stable values (due to very small changes in supply).

How to Invest in Gold

Before you buy gold, it’s a good idea to get the help of an investment consultant. This is especially true if you’ve never invested in gold before. He or she can help you determine the best moves to make based on your own personal financial goals and risk tolerance. If you already have a personal financial adviser, tell him or her that you’d like to use gold to hedge your portfolio. If he or she doesn’t have much experience dealing in gold investments you may want to find someone who does.

If you’re interested in profiting from the price movements of gold, buying gold bullion coins are an excellent option. The best choices are the American Eagle, the Canadian Maple Leaf, the Britannia, and the Australian Nugget coins. You can buy gold bullion coins from precious metal and coin dealers, both offline and online.

Before making a gold bullion purchase, always shop around for the best prices, as the markup on coins will vary from dealer to dealer. Also, do everything possible to make sure the dealer you’re buying from has been in business for awhile and has a good reputation. If possible preserve your gold coins in the original mint packaging and protect them from scratches to maximize resale value.

Gold bars are another gold investment option you may want to look into. Smaller bars are usually more expensive (per ounce) than large bars but are often easier to sell. In general, bars carry a higher price premium than coins. As with gold bullion coins, only buy and trade with reputable dealers.

Of all the items man has used as currency, gold has far been the most prominent.  It doesn’t matter if it is the most valuable, or the rarest.  What does matter is that man has chosen this commodity to be a standard as a world yardstick for wealth.  As a matter of fact, gold is one of the few metals that is so cherished by so many.

Today it’s easy to find the latest price of gold, from the Internet, the financial section in the morning paper, market news on TV, and even as a text message on your cell phone.  But it wasn’t always like that.  For decades the price of an ounce of gold was quite steady – so investors didn’t see the value in following the price changes.

But recently, the price gold has been changing, and a lot of interest has kindled for the precious metal.  What once was under a hundred dollars in the 1940’s is now over 600 dollars.  This has brought investors around in great numbers.

The price of gold is linked to how strong the US dollar is.  Because of the great increase of gold over the last ten years, many investors believe it is a good time to buy and speculate. But remember that gold is a commodity, and doesn’t sit and earn interest like a bond in the bank.  Your profit will be based on if the selling price is higher than the price you purchased it for, less any brokerage fees.

So when the price of gold goes up, you should be concerned about the value of the US dollar.  This is because gold increases as the value of the dollar goes down.  Since we are at the 600 dollar per ounce levels, you can be sure the value of the US dollar is fairly low.  This is called a lack of confidence.

Should you invest in gold today?  We believe it is a pretty safe bet.  Given current world conditions, and the time now before the US elections in 2008, gold will be only increasing in value.

GoldenRock enables you to hold professionally approved gold, silver and platinum that is fully insured and securely stored in dedicated bullion vaults in Zurich. All precious metal is owned directly by you with no counterparty risk.

Gold Investing

Gold investing is considered a great and safe long term investment. However it is not as safe as bonds and a certain degree of research has to be done before plunging into it. The reason why gold investments have a slight degree of risk involved is that the value of gold does not necessarily have to be high or stable. Gold generally is considered precious and is costly due to its rarity. If for some reason the markets are flooded with gold, it could very easily depreciate in value. However generally, its value remains stable or may even inflate with time.

You may wonder how stable exactly is gold investing. Currently, its demand far outweighs its supply. Thus gold investments seem to be the next big thing and the future seems bright for the investors. As the amount mined is barely half of its worldwide demand, the prices for gold can only rise steadily in the years ahead.

What this implies is that to avoid a severe gold shortage, the prices of gold are bound to rise. Only this will either decrease or check the tremendous demand for it, and keep it in control.  However for the investor, it all adds up to being a favorable time to invest in gold.
GoldenRock enables you to hold professionally approved gold, silver and platinum that is fully insured and securely stored in dedicated bullion vaults in Zurich. All precious metal is owned directly by you with no counterparty risk.

Information On Gold Investing

Some other important key points you should be aware of is that you should refrain from investing all your money just in a single form of gold. You can invest in plenty of forms one being physical gold. This is the most common and includes gold in the form of ornaments, gold biscuits or slabs. This is generally how people begin and it constitutes a secure foundation to build on. However, there are other areas also that you could invest in. Gold mines in the nascent stage or better still undiscovered, potential goldmines provide a tremendous opportunity to increase one’s wealth.

Sometimes you may find mines under performing or the quantity being mined is way below its potential. But even if the mines are not producing in large amounts, due to the tremendous demand it is very possible that they could increase the quantity being mined, proving to be, a good investment.

Another advantage that mines have over physical gold is that unlike ornaments or gold slabs, mines cannot be misplaced, lost or stolen from you. Thus your investment is stable and very secure. These factors make gold investment a beneficial venture to invest your money in.

GoldenRock offers you the best gold price anywhere in Switzerland. By buying professionally approved gold you save at least 6 percent of the cost of coins or small gold bars. When you sell you will profit from a good price too, because the gold that you buy at GoldenRock can easily be sold on the world’s professional markets, where selling prices are the highest.

How To Invest In Gold Jewellery

Investment is one of the most common ways to make money in modern times as people have less disposable income and want more freedom of choice over their money. The internet has made all types of investment accessible, and more people are becoming interested in how investments can work for them. One of the most obvious and easy forms of investment is jewellery. It is easy to purchase and it is a commodity that everyone is familiar with.

Gold jewellery is the current hotspot in jewellery investment. Jewellery is proven throughout history to be a longstanding and stable investment, being popular throughout time. This is because the price and the financial returns made rely upon many factors, not just the price of the precious metal or stones used at that moment in time. Jewellery has survived many economical collapses, worldwide. It is not susceptible to fluctuating stocks and shares or currency markets and so does not lose its value.

Jewellery is an art form. It is subject to originality and intricacies in design, and there is always great demand. Recent global reports state that the demand for gold jewellery is rising by an impressive 19% a year, which is a record breaking amount. Demand is predicted to rise even further. All jewellery is covetable and collectible and becomes worth more with age. This can be reflected by the way in which gold stores are used; around 75% of all gold consumed is in the form of jewellery. The World Gold Council states in its latest gold report that in the US in 2006, jewellery sales totalled $44 billion.

Jewellery makes a visual statement about the person that is wearing it and so it is an enjoyable investment also. Like in ancient times, it is closely associated with wealth, and so gives the wearer a confident demeanour. As an investment it has many advantages. For instance, antique jewellery can be bought and sold rapidly for a quick turnover; the demand has already been established above. Jewellery prices are also subject to trends. The latest fair in Vicenza states that yellow gold is of the highest demand in both the US and Europe, so it would be a good investment. However, due to the nature of the fashion industry this means that white gold jewellery will be a trend at some point soon.

The secret of jewellery investment is to know what you want and where to get it. This has been made much easier by the internet, as dealers can be contacted and business completed between any destinations on the globe. Furthermore, the internet has increased possibilities for jewellery wholesalers who can advertise their goods more easily, which means investors can get more jewellery for their money. A dealer will be able to provide you with information on the quality of the piece and the style, but a gold advisor or investment professional may be needed to ensure you buy the right type of jewellery for the investment you are looking for.

When buying gold jewellery, the most important factor is the caratage. The caratage details the amount of gold content present. Gold is pliable and so needs other metals such as silver and copper to be added to make it durable. This also affects the colour of the jewellery. The purest gold jewellery available is 24 carat and will be a strong yellow-orange colour. Jewellery in other colours can have a lower caratage as bigger quantities of the other metals are required to create the special effect. However, this does not mean that for white gold jewellery will be any less wise an investment as a yellow gold piece, as design, designer and personal taste also feature in the value.

Make sure you choose jewellery that reflects your tastes and brings you joy, as well as thinking of the long term investment to enjoy its full value.

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At GoldenRock we do everything in our power to make your gold as secure as possible.
A hundred percent of customer property – gold and cash – is segregated and immediately available to customers on demand. GoldenRock professional bankers are working with thousands of individuals who have used GoldenRock to buy gold, silver and platinum to best protect their wealth from today’s financial uncertainties.

Gold Investment versus Alchemy – Turning Dross into Gold!

I’m often asked if Gold is a good investment and I invariably answer that gold may well be a good long term investment for an investor but I am a wealth creator and the very word “investment” is simply not part of my wealth creation vocabulary.

This statement usually results in a very perplexed look on my questioner’s face.

And so it was with Walter. Walter is a financially struggling bank employee and came to me to learn about wealth creation. (Yes I assure you, there are tens of thousands of financially struggling bank employees out there.)

‘Charles, so you are saying that if you had a spare $25,000.00 you would not even consider exchanging it for gold bullion?’

‘My dear chap, why would a wealth creator swap one asset (money) valued at $25,000.00 for another asset (gold) also valued at $25,000.00? Rather pointless exercise don’t you think?’

‘But gold may rise in value and your money might devalue – isn’t gold a hedge against such occurrences?’

‘Yet equally, gold could go down in price and the currency strengthen – surely what you are contemplating is just a form of gambling, is it not?’

‘On that logic all investment is a form of gambling, as prices of any share or commodity can go down as well as up. That is why one needs to weigh the risks.’

‘Exactly so – and that is why I am a wealth creator and not an investor or speculator. Investors and speculators hope and pray for some future event to occur, whereas a wealth creator insists on increasing one’s wealth at the point of purchase.’

‘But Charles you can’t buy gold bullion at wholesale rates – as you well know the spot price is fixed daily.

‘Who said anything about paying wholesale price for it – I would prefer to be an alchemist and turn dross into gold.’

Walter’s young moon face went red with frustration. ‘Oh come Charles, please be serious with me and stop toying. I truly want to be wealthy one day and on a bank teller’s salary alone, I can’t see that happening.’

‘Oh but I am being serious. Turning dross into gold is a very enjoyable hobby – the challenge is not whether one can accomplish the task – merely how quickly one can accomplish each stage of the goal one sets for one’s self.’

‘An enjoyable hobby! … But how on earth do you do that?’

‘Simply by making the conscious decision to become a wealth creator – develop your own part time wealth program and stick to it. Besides my book The Secrets Of Wealth Creation Revealed, I’ve written many free articles that are now all over the web. Study them and then begin your wealth program ASAP! There are a thousand and one ways to accomplish the task of turning dross into gold. It’s a matter of first knowing the principles, secondly establishing an easily managed workable plan – then thirdly, having the fortitude to stick at it.’

‘You mentioned setting “goal stages” could you give me an abbreviated example of how one goes about the process?’

‘Well if your desire is to amass gold then if I were you, I would have a clean out boot or yard sale of all superfluous items in my possession (dross) to raise some initial capital. I would take that small amount of money and taking my time (because time is virtually immaterial to the success of this endeavor) haunt charity shops, other peoples yard and boot sales, auctions etc and buy items that I know I can resell at several times the price I paid.

I would keep a list of the expected realizable value of such items (wealth total) and keep buying and selling till that list total becomes about $9,000.00 in value. Now I know to you that may sound difficult to achieve right now but please understand, if you are working on 200% minimum mark up, this can be accomplished so quickly. That is $150.00 in sales becomes $450.00 which becomes $1,350.00 which becomes $4,050.00 which becomes over $12,140.00 and so on.

Now as I said, once that total of goods on hand passes $9,000.00, stage 2 of my wealth plan would come into effect. That is, I would then save the proceeds of the next approx $3,000.00 of sales (depending on current spot price) and purchase a 5 ounce gold bar.

The realizable value of the remainder of stock would still be a minimum of $6,000.00. My next task would be to quickly increase this total back up to $9,000.00 and then repeat the gold purchase. You can continue this process until you feel you have amassed enough gold.

You will find as you learn and gain experience, wealth creating will become your second nature. Opportunities will materialize all around you. Soon you will be running in and buying gold bars at least twice a month. People will think you have the Midas touch and you will be able to say ‘No it isn’t that at all – It is all the result of Alchemy and my dear old friend Charles Goodwin!’

Do not worry about the spot price fluctuating. Merely stay detached and consider that you are simply turning dross into gold and of course that is exactly what you are doing. If you have any doubts in your own abilities divide all the figures by 5 and initially buy an ounce of gold at a time. I can assure you the journey is both exciting and interesting. You will learn so much upon this journey and then one day the penny will drop and you will suddenly realize that the world is now your oyster. You can create as much wealth as you desire.’

‘Charles, forgive me – but may I ask the obvious question. You have shown me a fool proof  way to amass great wealth, what do I do about taxation?’

‘I am a wealth guru as well as a mystic! Would I leave you floundering without a tax plan equally as simple and equally as effective? No of course I wouldn’t. But at some stage you will simply have to beg, borrow or steal (LOL) a copy of   The Secret Of Wealth Creation Revealed and truly – all will be revealed!’