Hi, thanks for this excellent article. I've digged and stumbled it - others should read it.

I hope you don't mind, but I've referenced it from my blog here (and included an small exerpt). It's something that my regular viewers should read through.

Thanks again.

Simon Carter.

Blog here: zukhruuf.com/blog

There seems to be a big push on now to sell gold. Commercials on radio and TV are continually hawking the sale of gold, unlike when the price was in the $400 or even $600 range. It just seems to me that somebody is trying hard to unload their inventory. Also, if gold is such an investment bargain why aren't the Buffets of the world scooping it up?

Notice they sale gold to you for your cash money. Your money is more important to them then their gold is.

Gold is NOT a good value- not now at the outrageous price level is it. Unless one is a millionaire already. Anyone who tries to tell someone it is - is just plain selling a bunch of who shot John. Sorry, but once again, the pedelars of promises of huge payoffs are at it again. Plenty of other less pricey and, much safer investments to choose. Sadly, Gold- ain't one of 'em. Five years ago, sure. Not now. Its costs now per ounce correlate to the heinously speculative price of oil at $150ppb last July. Not a time to buy. Time to sell, if anything.

Hold only cash and/or short term T-Bills and absolutely nothing else. You won't earn much interest with these but it's of little concern right now since we are currently in a period of deflation. When and if inflation shows its familiar face again, consider holding U.S. Series I Savings Bonds and perhaps TIPS. Above all, avoid all banks and credit unions, stockbrokers, money managers and peddlers of gold, silver, or other commodities. As per the advocators of gold, silver, platinum, oil and the like, these people tend to prey on people's fears. The gold and silver advocates won't tell you outright but the only ones that will absolutely get the better deal out of this will be the banks, traders, speculators and coin dealers since these are the ones who produce and control these commodities.

You want the basics? BUY LOW, SELL HIGH.

Man do I feel like a fish out of water! ...Well, everyone has to start somewhere, right? I thought that this article would provide some sort of basic info on the mechanics of investing....you know..the 'how', 'where' and 'why' of it all. Well I'm STILL mystified! Can anyone here recommend a good site that gives good direction and breaks everything down for simple, near-broke folks like me??

Trading gold or any precious metal may not be easy. With that in mind the ETF, GLD offers a simple solution. A commodity ETF, DBC also offers a very good route to follow if you believe inflation will be upon us soon.

If an article on AOL is telling you yo buy gold then we must consider the source and their motives.The best place to put your money is probably in the foreign currency of your choice.Many countries are dropping the dollar like hot cakes and if you kept up with the President's trip to the G20 summit ,They told the world that America would no longer keep it's dominant position on the world stage and that we will take a passive back seat from now on.Look at it this way,the E.U. is taking over the space race ,N.A.S.A. has been being dismantled for years through massive budget cuts and every president of the U.S.A. for decades has talked about one world government.Our industrial base has been intentionally destroyed ,as has our economy.The only purpose these GLOBALISTS have left for America is reserved for your sons and daughters as pieces of meat to be thrown into whatever military theater they are exploiting at the time,and lets not forget whats left of your money in the form of cap and trade carbon taxation to be paid to the NEW WORLD ORDER.

consider how the IMF values gold, and also remember what FDR did for people who held gold....carbon credits will become more valuable than gold....all about control

One thing the "experts" don't mention is the unfavorable tax consequences of buying and holding gold, including the ETF's GLD & IAU. The IRS does not offer the favorable tax status of long-term capital gains to holding physical gold or silver or the ETF's associated with them. It is classified as a "hobby" and treated as ordinary income. This isn't a problem with gold-mining stocks or mutual funds compoised of a basket of gold-mining stocks.

DBell: "Our industrial base has been intentionally destroyed ,as has our economy. The only purpose these GLOBALISTS have left for America is reserved for your sons and daughters as pieces of meat to be thrown into whatever military theater they are exploiting at the time,...". That's very well said and that's just what has been going on in Iraq. Rich capitalists from this country are exploiting Iraq's oil at the expense of our sons and daughters serving in Iraq. When these plunderers and pillagers have finally pumped the last remaining barrel of oil and our troops are thus no longer needed there, most of these servicemen will even be faced with the unpleasant choice of reenlisting since the future will be very grim for them at home. How's that for adding insult to injury?

if you want to invest in something,then invest in silver.silver has had some excellent days compared to gold and if your going to take a beating.do it insmall qauntities.you can actualy have a ball with silver.buy sell and trade for different coins.like silver eagles and morgan dollars.i just started a small collection spending a coulple hundred,not thousands

States having budget problems , Fed has HUUUUGE deficit ,people being forced to take furlough days pay cuts ,etc.Give me gold anyday . Look at ebay lots of gold bars at different size don't have to buy a full ounce at 980.00 .The good thing about it the majority of America is broke so won't be any bubble. Good combo physical and gold stocks and ETFs .If you're going to sell don't use Cash4gold they lowball you best to go to pawn shops .

In my humble opinion, having been trading within the markets for over 25 years gold has one more LARGE final leg down in its ongoing 25 year bear market and that even thought there is the possibility of a 10 to 20 percent rise from current levels a LARGER DECLINE is lurking in the not so distant future (between now and 2013). This decline could be so severe it would wipe out ones entire investment. I am looking for gold to trade between $50 and $200 per ounce at these lows which would then be an excellent entry point for a LONG TERM BULL MARKET in gold that would then probably last for a few decades. Think about this: If gold was really acting as it should be if it were truly in a bull market at the moment then should gold not be priced at maybe $2000 to $3000 per ounce. The country is in dire straights, wall street has collapsed, real estate is collapsing, wall street firms that were around since the beginning of time vanished over night and all gold has done is rallied to where it was in the late 70's early 80's. Inflation adjusted it should be trading much higher and it is NOT. Hence, stop listening to people like the Adens and the Cramers and any other so called "expert" and begin listening to the MARKET. The market is clearly telling you that something is the matter with gold and if i am correct there is one last violent leg to the downside. The masses are jumping from the frying pan (the stock and real estate market) and into the fire (gold). Be patient, the real bottom in gold is fast approaching (over the next few years) and gold will NOT be the featured article of where to invest. Then and only then will you know that gold is at it's ultimate bottom. Right when nobody wants it or is writting anything good about it!

A Veteran Market Trader

WHAT BILLIONAIRES KNOW THAT YOU DON'T!
BUY ART, THE ONLY REAL INVESTMENT!

Billionaires are people who because they've mastered the money game know something about money that you don't. It is ephemeral, without basis in reality beyond the momentary social and political entities that guarantee, administer and distribute it. As such, other than it's numismatic value or interest, or if perhaps it is comprised of some substance that is still considered valuable, old money from defunct governments then, is in fact, no money at all. Wealth then, is transitory, as recent events within our own economy have so severely reminded us as we have seen housing prices plummet, stock values evaporate and the value of our paper dollars diminish as trillions more are printed daily.
Hence, billionaires know that wealth does not last. Although some periodicals may keep a list of the richest in the world, all one has to do to be removed from that list and be forgotten, is to die. As such, billionaires such as Getty, Hurst, and Hammer accumulated works of art so as to by association, gain a small measure of their immortality. They understood that the only things of lasting value were artistic, those creations of the human mind that encapsulated that which it is to be, a human being.
As such, a rare opportunity is just now presenting itself to those with the wherewithal to understand the complexities and realities of value. The Bodies of Art project has been created out of the very fabric of our time, society and culture by Courtney "The Genius" Foley. A veritable tour de force of interrelation and correlation it finds it's roots in the ancient myths surrounding the now dead religious cult of Bacchus. A cult that celebrated the god of wine with wild debauches so as to re-create the myth of a god so beloved by his followers that in drunken, lecherous and libidinous lust, he was torn to pieces and strewn about the land, causing in the process the archetypical regeneration of spring.
From this ancient root Courtney "The Genius" Foley has fast forwarded into history by extrapolating this same dangerous, obsessive regard for those beings who though not gods, are held in the same strange otherworldly esteem of our age as created through marketing, celebrities! Through sheer accident one night, while contemplating the success of her brother Jeremy Foley, international star of movies and television, she realized that his middle name was Arturo! Jeremy Foley was Art himself! More than just a celebrity, he was Art itself!
In conjunction then with Jeremy Foley and her mother Rocio Foley they conceived a project of immense and intense scope that through the internet would combine celebrity collectables, with art both written and concrete in the forms of a screenplay and sculptures, with daring, mind altering ancillary product offerings and market tie ins that would create a completely new form of celebrity collectable, Jeremobilia!
This transcendent and transformative event promises to challenge and change the way people will think and see celebrity, mortality, immortality and reality forever! Now is the only opportunity that any entity private or public will ever have to possess this incredible complex of items both intellectual and physical in their entirety and at a price that will never again be possible! The Foley family, recognizing that with this project they will have transcended the need for money have agreed and are determined not to save one cent of any of the money gained but to instead completely dispose of it within twelve months by donating 25% of it to wounded veterans, making movies and generally redirecting it into the economy. Not only will the buyer receive this amazing artistic achievement, they will also be patriotically revitalizing the economy and helping wounded veterans!

the same culprit and corrupt analyst are tell ing you to buy this and that will put you in the poor house as did previously!!!
Listen to them again is like a fool that never learned!!!!

buying gold is when they told you not to back in year 2000.
GLG was at 0.75 cents and was bought out at $54.00 in 2007!
Buy now but sell at a profit but not hold and get kill later.
Gold will be at $80.00 soon and that is 100% up from only 3 months ago!!!!!
100% worth watching!!!!

Gold is not for capital appreciation. You aren't supposed to make money with gold. It merely provides a hedge against inflation and currency fluctuations, to protect what money you have. Totally lost in this market and you don't trust the banks, or the US Dollar... Buy Gold! Do you hate profitable companies and the fortunate people who own their stock? Buy Gold!! Do you fear an invasion by an alien race from beyond our galaxy? Buy Gold!!!

Note: If you fear nuclear war, I prefer T-bills and if you just don't care too much for money at all, invest in a CD... You won't get rich, but you cannot beat the safety of a CD, at your local bank, provided that there is not an alien invasion and nuclear war fails to emerge. One thing though, there is an even more serious threat that people seem oblivious to... Inflation! All those other numbers must pay the piper, when inflation rears it's ugly head... Always, subtract the rate of inflation, if you want to know where you are at and where you are heading. Inflation does NOT like being ignored and has the ability to gain everyone's attentions, within a relatively short run-up. Just Say NO, to Inflation!