Monday, February 7, 2011

A LONG ROAD AHEAD - CHOOSE THE RIGHT VEHICLE

A LONG ROAD AHEAD - CHOOSE THE RIGHT VEHICLE
It's going to be a long road to the top of this gold bull. If you can avoid pitfalls like leveraged accounts and numismatics, gold will shield your wealth from the Fed's steady erosion of the dollar's purchasing power. An old proverb goes, "the greatest truths are the simplest; and so are the greatest men." Don't trust brokers who pressure you to invest in complicated schemes or fancy products when all you really need are pure bullion coins and bars, held in your physical possession. This advice has been given from father to son since Ancient Babylon, and though Americans have forgotten it for a few generations, it remains the simple truth. Peter Schiff

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