{"id":14032,"date":"2010-10-14T13:15:52","date_gmt":"2010-10-14T17:15:52","guid":{"rendered":"http:\/\/countingpips.com\/fx\/?p=14032"},"modified":"2010-10-14T13:15:52","modified_gmt":"2010-10-14T17:15:52","slug":"the-gold-story-that-no-one-is-talking-about","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/fx\/2010\/10\/14\/the-gold-story-that-no-one-is-talking-about\/","title":{"rendered":"The Gold Story That No One Is Talking About"},"content":{"rendered":"

By Zachary Scheidt, Editor, Taipan\u2019s New Growth Investor and Velocity Trader, TaipanPublishingGroup.com<\/a><\/span><\/strong><\/p>\n

To put it bluntly, the case for buying gold right about now is as obvious as the nose on Barbra Streisand’s face.<\/em><\/strong><\/p>\n

This past Friday, gold futures closed at $1,345 an ounce<\/a> \u2013 the second highest gold price on record. Goldman Sachs just announced that they are raising their 12-month target price on the shiny metal to $1,650 an ounce, citing that the “return of quantitative easing is likely to continue to be [a] strong catalyst for gold.”<\/p>\n

I’m sure you’ve heard all of the commentary about how excessive printing has the potential to eventually destroy the U.S. dollar (and other paper currencies as well). That’s exactly why we have been seeing the price of gold skyrocket over recent months. The fears are all being realized and investors are in a full-fledged flight to safety.<\/p>\n

Rising prices in precious metals are not lost on anyone. Not on institutional investors, not on sovereign wealth funds (SWFs), not on the Federal Reserve, and certainly not on individual investors.<\/p>\n

Heck, you can’t even turn on the TV anymore without some guy yelling at you to buy gold coins. And quite honestly, he’s RIGHT! Gold is one of the best ways to protect the purchasing power of your hard-earned savings.<\/p>\n

But there’s another very important reason why you should be buying gold now, today, while you still can…<\/p>\n

\n
\n

Your gold investments are under attack by President Obama…<\/strong><\/p>\n

A hidden provision in the 956-page healthcare reform bill could make it dangerous to own physical gold by 2012. But there is one gold investment class that’s safe from the new law – and could make you 12 times more than physical gold over the next 12 months.<\/em><\/p>\n

Learn about this gold investment opportunity<\/a>!<\/strong><\/p><\/blockquote>\n<\/div>\n<\/div>\n

Government Gold Hoarding Disguised As Healthcare?<\/strong><\/p>\n

Remember all that fuss about the healthcare reform bill<\/a>? And all that talk about transparency and honesty?<\/p>\n

Well, here’s the cold, hard truth: The bill is chock-full of side agreements and hidden clauses \u2013 most of which are extremely damaging to business and commerce.<\/p>\n

As my regular New Growth Investor<\/em> readers know, I’ve had a special focus on the healthcare sector for quite some time.<\/p>\n

So I kept close tabs on all the reform hoopla… and I took personal interest in carefully reading the new bill. I wasn’t surprised to find hidden loopholes.<\/p>\n

But I was surprised at what I found buried deep in section 9006.<\/p>\n

One of the clauses that some (well meaning, I’m sure) congressman managed to fit into the bill is a statement that allows for the taxation of anyone wishing to sell more than a certain amount of physical gold.<\/p>\n

This measure makes it easier for the Fed to track what gold assets you own \u2013 ultimately leading to what some believe could be restrictions on what precious metals you are and are not allowed to hold.<\/p>\n

(By the way, I’m guest editing Smart Investing Daily<\/em> today… but regular editors Sara Nunnally and Jared Levy always make investing simple with their easy-to-understand investment articles<\/a>.)<\/p>\n

History Repeats Itself<\/strong><\/p>\n

Did you know that only a few generations ago it was actually illegal to own physical gold?<\/p>\n

Under President Franklin D. Roosevelt, a law was passed that actually allowed the government to confiscate physical gold. If U.S. citizens did not turn in their precious metal, they faced a fine and up to five years in prison.<\/p>\n

The clause in the new healthcare reform bill could conceivably pave the way for the government to track, tax and eventually restrict an individual’s right to buy, sell or even OWN<\/em> physical gold.<\/p>\n

Why would the government enact this kind of regulation?<\/p>\n

Because if consumers lose faith in the value of the U.S. dollar \u2013 and begin using precious metals as currency once again, it would completely obliterate the current power that the Federal Reserve has in regulating currency.<\/p>\n

Gone would be the power to inject liquidity into the market, gone would be much of the ability to tax the population (after all, taxing in worthless dollars wouldn’t be very beneficial), gone would be the financial control that the government has over the broad economy.<\/p>\n

\n
\n

Imagine making $54,650 in a single day!<\/strong><\/p>\n

That’s the potential of the coming Domino Trades. Stunning returns could be turning ordinary folks into Currency Millionaires over the next year. Don’t miss out on this life-changing opportunity.<\/p>\n

Get in on the ground floor now with Currency Profits Trader<\/em><\/a>.<\/strong><\/p><\/blockquote>\n<\/div>\n<\/div>\n

Buy Gold Without Government Intervention While You Still Can!<\/strong><\/p>\n

The gold clause buried in section 9006 of the healthcare reform bill looks like a lot of tax mumbo jumbo to the untrained eye. I think that’s why you aren’t hearing about the ramifications of it from the talking heads on CNBC yet.<\/p>\n

But the result in plain English is that now all sales and purchases between citizens of over $600 must be filed with the IRS.<\/p>\n

With gold over $1,200 an ounce<\/a>, that means every gold bar, every gold coin. The most popularly traded gold coin, the American Eagle, costs over twice the $600 ceiling.<\/p>\n

And in 2012, when the new rules take effect, the IRS will be able to catalog the private gold holdings of American citizens. Every gold transaction will pass under the watchful eyes of the government.<\/p>\n

Scary, huh?<\/p>\n

That’s why I’m telling everyone who will listen that they need to stock up on gold now, while the government is still out of the picture. Because come 2012, that will all change.<\/p>\n

Publisher’s Note:<\/strong> If you hear the price of gold is likely to more than double, your instinct is likely to buy gold, right? But what if I showed you an investment that rallied nearly 12 TIMES<\/strong> the amount that gold rallied during the last bull market in gold?<\/p>\n

In fact, today Zach has three investment recommendations for you that should make many times the coming increase in the price of gold. Get your copy of his free report here.<\/a><\/strong><\/span><\/p>\n

Don’t forget to follow us on Facebook<\/a> and Twitter<\/a> for the latest in financial market news, investment commentary and exclusive special promotions.<\/p>\n

About the Author<\/strong><\/em><\/p>\n

Zach Scheidt is the Editor of Taipan’s New Growth Investor<\/a><\/em> and Velocity Trader<\/a><\/em>, two of Taipan Publishing Group’s financial research investment newsletters. Zach’s experience as a hedge fund manager has given him the skills to manage sizeable investments of a number of private investment partners and develop advanced investment strategies to make the highest returns possible.<\/p>\n

For Taipan’s New Growth Investor<\/em>, Zach researches and profiles innovative new companies capable of creating long-term wealth regardless of the state of the stock market. He focuses on high-yield dividend stocks and provides simple long-term investment strategies. For Velocity Trader<\/em>, Zach carefully scans thousands of stocks, looking for companies that have the potential to make huge stock price moves. He then uses option trading strategies to identify short-term investment opportunities for significant gains.<\/p>\n","protected":false},"excerpt":{"rendered":"

This past Friday, gold futures closed at $1,345 an ounce \u2013 the second highest gold price on record. Goldman Sachs just announced that they are raising their 12-month target price on the shiny metal to $1,650 an ounce,<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-14032","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/14032","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/comments?post=14032"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/14032\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/media?parent=14032"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/categories?post=14032"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/tags?post=14032"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}