Like KB Gold Vision, nearly a quarter of central banks believe gold will become the most important reserve asset in the next 25 years, according to an annual poll by UBS.
For two decades, central banks were net sellers of gold but that trend has reversed as central banks in Europe are scaling down their sales and others, such as China, India and Russia, are making significant purchases.
Asked what the most important reserve asset would be in 25 years, about half of officials polled by UBS said the US dollar but 22 per cent pointed to gold.
Bullion was the second most popular response, well above others such as Asian currencies or the euro.
The reversal of the trend of central bank gold sales has boosted sentiment towards the metal while removing a significant source of supply.
That has helped prices rise 12.5 per cent since the start of the year, hitting a nominal all-time high of $1,264.90 a troy ounce on Monday.
KB Gold Vision and The central bank managers believe gold will be the best-performing asset class in the next six months, ahead of equities, bonds, oil and currencies, according to the poll.
There has not been a sustained period of significant central bank gold purchases since the 1960s.
Sovereign wealth funds are also turning their attention to gold. China Investment Corporation, Beijing’s sovereign wealth fund, earlier this year revealed a small investment in bullion through the New York-listed SPDR Gold Trust, an investment vehicle backed by physical gold.
About 10 per cent of global central bank reserves is held in gold, according to the World Gold Council, but that belies a sharp difference between central banks in developed economies, which generally hold more than 50 per cent of assets in gold, and those in emerging markets, which have a relatively small proportion of assets in gold.
If you don’t make the move to buy physical gold if you don’t own any, you will look back with regret five years from now and realize that you missed an unbelievable opportunity.
Yes, there is no typo in the headline of this article. Today there is still an unbelievable opportunity to invest in gold that will disappear over the next several years as this monetary crisis deepens. Despite the general widespread sentiment of Western financial advisers that they have missed the run-up in gold and now it is too late to buy, this is not true at all. In fact, to illustrate how little people understand about the reasons to buy gold, of all my friends that I urged to buy physical gold more than six years ago when gold was less than half of its current price, I only know of one that has bought any gold, and it still took five years of my prodding, four times a year, for this single person to purchase gold.
This is how incredibly misunderstood an asset gold remains today despite its enormous run higher in the past 8 years. This brief anecdote aptly illustrates the bias against gold and the foolish belief that gold is a bubble that persists today due to the massive propaganda and disinformation campaigns waged by bankers against gold. It is ironic today that public mistrust of bankers can be at such a high level at the same time that the public is still enormously willing to follow all of the bankers’ propaganda about gold. This great twist of irony illustrates just how powerful the bankers’ century long misinformation campaign about money and gold has been. Few people even understand how money is created let alone why gold is a protector of people’s rights.
Even if gold continues to correct, and the bullion banks, the US Treasury, the US Federal Reserve and the Bank of England are able to engineer a further decline in gold prices in the futures markets, this event will not be the bursting of the gold bubble as it will be, and always has been, described by many Western media sources. Even if gold loses another $120+ an ounce from its current price, this event would not mark the bursting of the gold bubble. The incorrect description of corrections in the gold markets, or downright meddling of Central Banks into the suppression of gold prices, as the bursting of a bubble is just as erroneous as the recent descriptions of rising stock markets as signs of economic recoveries. And this is the legacy bankers have created – confusing the masses to believe the exact opposite of what is true.
Throughout history, gold has always been accepted as a form of money. In fact a gold coin in ancient Roman times would buy you about the same things today as it would have back then. With US dollars, you now need twice as many dollars to buy the same things today as you would have needed just 8 or 9 years ago. If a wealthy eccentric man walked into a Maybach auto dealership and insisted on paying for four custom made Maybachs with $2.4 million worth of gold bars, I guarantee you that the dealer would find a way to accept the gold bars and make the $2.4 million sale, knowing that he could choose to hold on to the gold or to convert it into Euros, Yen, Pounds or Dollars at a later point and time. Thus, there is no reason to believe that gold can not be used to purchase items. Gold may be an inconvenient form of money, but it will be much more inconvenient to watch your fiat money crash and burn and for much of your wealth to be wiped out when the second phase of this monetary crisis commences sometime in 2010 or 2011.
KB Gold is the first Gold distributor producing gold as a convenient form of money, producing the 0,5 gram 999,9 bullion gold. It is unique in many ways, mostly because the actual gold bullion is inserted in a card which is also the gold certificate with a unique number and autograph of the Swiss authority.
You can start saving these cards from € 100 per month in a € 3000 gold savings plan. The gold will be safely stored in the Gotthard Massiv in Switzerland, free of cost or can be shipped to your home address by special KB Gold courier also free of cost when you order € 3000 in gold cards or more.
KB Gold introduces the 0.5 and 1 Gram Gold Gards. The 999.9 Bullion bars are mounted in the middle of the cards which also is the Gold certificate, with official number and signature. The Gold Cards have been approved by the Swiss government as a Licensed Monetary Currency, accepted in 194 countries all over the world.
In this video (in German) Mike Koschine, the KB Gold managing director, explains the value of the Gold Cards and the difference between owning these gold cards compared with gold coins or 1 kilogram gold bars. Already 2.500.000 in circulation in january 2010 and in june 2010 a total of 5.000.000 shows the demand for Gold in small amounts. KB Gold has plans to also produce the Gold Cards in 0.1, 0.25, 2.5 and 5 gram 999.9 bullion gold.
You will be able to have see a massive amount of Gold Cards and the also offices of the KB Gold Company in Germany.
If the video is shown in poor quality click here for a better one
Take a look at this video by Michael Maloney, The #1 Gold Guru, explaining about what’s happening with The World Central Banks to suppress the Price of Silver and Gold. Read the American Financial Statement of the Year and the Gold supplies they are ‘leasing’…
The value of the KB Gold Card increases as the Euro looses it’s value!
The reason why KB Gold is Licensed to introduce the New World Monetary Currency System. The Euro is loosing value fast. It used to be a strong currency. After the Dollar and the Pound Europe is going into Hyperinflation. The KB Gold Cards are already accepted as a form of payment as in 4000 outlets in germany. With the real 0,5 and 1 gram of Gold 999.9 Bullion in the middle it is easy to be used as a proven exchange product.
YOUR WEALTH is EVAPORATING out of your BANK ACCOUNT and POCKET!
Kb Gold, a company initiated by Visonair Mike Koshine, sets course to a creating new Monetary system where we pay in gold. Your gold investment is in safe hands with this Swiss based company. Watch this video, where Michael Maloney from GoldSilver.com explains exactly what is going on in the financial world!
Start securing your money in KB Gold. Become part of the fastest expanding company in Europe. This is your opportunity to rise above the hyper inflation of the Euro and Dollar.
Welcome to THE NEW WORLD CURRENCY. Welcome to KB GOLD!
According to Forbes, the famous hedge fund manager George Soros (and his fellow billionare Warren Buffet) has invested in gold and is betting on falling prices for oil. The reports claim that the ratio of the two positions is 10:1.
The reason for this step is his belief in a consistent price-performance ratio of 10-to-1 between gold and oil, and this ratio has recently fallen to 7.4, “gold will either rise up to 10 times a barrel of oil ($ 1350 gram) or oil will fall to USD 96 per barrel – a tenth of gold’s current market price”.
Does this make sense in compliance with a price-performance ratio? On the one hand, there is no relation between the basic values of offer and demand for gold and oil, on the other hand, many traders sell gold and oil for investments and speculation.
The KB Gold Investment Plan makes it possible for you to start securing your money into little amounts of gold. Starting from € 100 per month you will be securing yourself a financial future!
Get your own Gold Investment plan now with KB Gold Investment. Starting from only € 100 per month.
