The One Chart that Shows Why You Should Buy Gold

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Why You Should Buy Gold - Investing in Gold Australia
The One Chart that Shows Why You Should Buy Gold

I’ve got an exciting and SUPER informative free video to share with you today.

You’ll find it below…read on to see why I’m so excited!

Consider it an early Christmas present from Profit Watch to you.

The desire for gold is the most universal and deeply rooted commercial instinct of the human race.’

That’s what Gerald M. Loeb said recently. He’s a founding partner of EF Hutton.

Hutton is a US stockbroking firm.

It’s an interesting comment, if you ask me.

What is it about gold that attracts not only investors, but also the great banks of the world?

Perhaps it has to do with gold having a long history as a store of value.

Or its history of being a good hedge against inflation.

There are literally hundreds of reasons why you should be interested in gold…

At the core of the financial system is gold

And these days, with debt levels becoming a massive concern for everyone, gold seems to be the only haven asset which investors trust.

And that’s why I wanted to sit down with Shae Russell.

She’s the editor of The Daily Reckoning Australia. She’s been bullish on gold for the last few years.

I won’t go into too much detail about her story, as you’ll hear much more about it soon.

But you want to pay attention. If Shae’s right, now is highly likely to be the best time to buy gold.

And when it comes to accumulating gold…I agree with her here 100%.

I’ve been buying it for close to a decade now.

When was the last time you bought some gold?

You don’t need to answer that right now. But just remember that gold has been on a tear this year.

Aussie dollar gold is up around 16% this year.

That’s a decent rally for a metal that just sits in your vault. Or, if you’re like me, glitters around your neck…

See the appeal for yourself in a different way.

Here’s the chart of the gold price for the year. It’s in Aussie dollars.

Source: Optuma

Gold’s currently hovering around AU$2,146 per ounce.

That’s above the all-time high peak that gold reached in the 2011 gold rush.

Gold staying up at these levels could become the ‘new-norm’. Such strength could also suggest that higher prices may be to come.

The Aussie dollar isn’t looking good – Buy gold

Why is gold so good in Aussie dollars? Our currency has been trending down for some time.

Just yesterday the chief of the Aussie reserve bank tabled the possibility of QE appearing in Australia. Part of the appeal of QE is that it tends to lower the exchange rate.

Any further drop in the Aussie dollar is likely to take AU gold prices even higher.

Certainly, I’m favouring gold over the Aussie dollar.

Anyway, we’re here today to hear from Shae.

She’s the one that’s been hunting out undervalued miners…chatting to leading industry figures in precious metals…and discussing gold’s role in an investment portfolio with alternative economists.

(They’re the ones that generally don’t have a degree in uselessness like the mainstream guys.)

I just thought you should be the first to know about what Shae’s been up to.

There are stacks of opportunities that may benefit you if they all play out as she expects.

Tune in now if gold is a topic that you wanted to know more about…or interested in the future of mining…or your curious about the potential returns from silver.

Click on the play button below to hear from Shae…fresh off the press. You’re the first to see this…

 

Until next time,

Jonathan Evans Signature

Jonathan Evans,
Analyst, Profit Watch