How To Buy Gold in Small Amounts
With the world seemingly in economic crises it makes sense, but we don’t all have the lump sums required to purchase 1oz gold bars?
Firstly, let’s look at what some of those from the financial world have to say about the future. The following is an excerpt from an article written by Wealth Masters International CEO and Co-Founder, Kip Herriage earlier this year:
“As of today, we have officially crossed the line that we first began warning about in 2005. Events in the world economy have begun to unfold in seemingly uncontrollable fashion. Clueless governments still don’t understand that it was their ruinous actions that created a credit infested, fiat currency based, bankrupt world. They didn’t learn this lesson from their mistakes of the 1930’s and now it’s too late to prevent a similar outcome. They will continue to prescribe the same remedy that caused the problem in the first place, specifically more government bailouts and more printed money. The consequences are clear…we will see hyperinflation, economic misery, and in many parts of the world, social unrest…very similar to what we are beginning to witness in the Middle East, North Africa, and even in parts of Europe and the US today.” Kip Herriage, March 18, 2011 (read Kip Herriage's article here).
Well, I hate to say but Kip’s forecast is proving correct – we continue to see that unrest in the Middle East, Europe and now the U.S. We are all being held ransom to the debt of these countries. Kip has been predicting the collapse of many currencies throughout the world for a number of years now, and unfortunately we are beginning to see that happen.
Even Robert Kiyosaki (of “Rich Dad, Poor Dad” fame, who has sold over 26 million books) has gone from educating people how to get rich, to advising them to stock up of food supplies!
These are some of his quotes from the video below:
- “when the economy crashes as we predict”
- “the crowds come rushing in to buy gold and silver”
- “we could either go into a depression or we go to hyperinflation”
- “or we could also go to war”
- “I’m prepared for the worst”
- “the credit card system shuts down, the world shuts down”
- “the supermarkets have less than 3 days supply”
Watch the video with Mike Maloney and Robert Kiyosaki.
So for Kip Herriage, Robert Kiyosaki, Mike Dillard, among others all to be predicting the worst is yet to come, how do you protect yourself? They have been advising for years of the collapse of currencies and that we need to be investing in gold and silver. Is it too late to start to buy gold in small amounts? Absolutely not. The following quotes on gold going over $1600 recently were taken from “The Market Oracle”. "One of the big US banks texted me today to say that if QE3 actually happens, . . We could see gold at $5,000 and silver at $1,000. I feel terribly sorry for anybody on fixed incomes tied to a fiat currency because they are not going to be able to buy things with that paper money." Peter Hambro, chairman, Petropavolsk "We expect $1900 gold by October." John Taylor, FX Concepts "I think it was the foundation for people to start thinking that maybe gold's not headed to $1,650 an ounce or $1,700 an ounce, maybe it is headed toward $1,800 an ounce or even $2,000 an ounce." Michael Jansen, J.P. Morgan "The 'fiat' dollar is one of the world's astounding monetary creations. That a currency of no intrinsic value is accepted as money the world over is an achievement that no monetary economist up until not so many decades ago could have imagined. It'll be 40 years next month that the dollar has been purely faith-based. I don't believe for a moment it's destined to go on much longer. I think the existing monetary arrangements are so precarious, so ill-founded, and so destructive of the economic activity they are supposed to support and nurture that they will be replaced by something better." James Grant, Grant's Interest Rate Observer It seems the price of gold still has some way to go – some are even predicting it to reach over $10,000 an ounce!
The current price of gold is around $1632 per ounce but what if you don’t have $1600 to invest in gold? How do you buy gold in small amounts?
You can buy stocks in gold, but there is nothing like actually owning the gold itself – the security is far superior. KB Vision is the only company in the world to sell gold in high grade 0.5g and 1.0g bars. This allows you to buy gold in small amounts and get into the gold market with a small dollar investment – with the price for a 1g bar today at €53.4 (about US$75). With KB Vision you can setup a bank account with a monthly savings plan to invest in gold. You decide the monthly amount that you invest and it will be converted into gold. These are not coins, but 24 carat, 999.9 kinebar quality fine gold bullion bars, certified by the Swiss authorities (Central Office for the Control of Precious Metals in Switzerland). Each bullion is embossed within a signet and takes the shape of a credit card size. A hologram is attached on the reverse side of each bar as an added feature to ensure the security and authenticity of gold content of each bullion. KB-Edelmetall owns their mine, refinery and mint and has been operating for 17 years. KB Vision was founded in 2010 with a goal to establish a worldwide presence and is now active in almost twenty countries worldwide, with more to be launched this year. If you’ve wanted to buy gold in small amounts but have been unsure how to do it, then KB Vision will give you that opportunity to get into the gold market! It is a great way to create a savings plan that also provides protection from de-valuing paper currencies.