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
You can actually buy physical gold in a gold plan from 50 Euros monthly. Unlike many banks and financial institutions, where gold certificates are offered without actually existing real equivalent in gold, you have purchased the KB Gold certified pure physical gold and it is always stored safely at a Swiss bank. If you are not comfortable to store your gold investment at KB Vision it is always possible get the gold physically in your hands.
Not only do we handle the best value of buying and selling of gold but we have a additional payment plan that makes it easy for you to create a full-time income from referring this wonderful product to others.
Advantages of the Gold Plan:
• Exchange of money to gold in small amounts from 50 Euros monthly
• Purchased physical gold is always available and retrievable
• Inflation-protected
• Tax free (!)
• No transaction costs (!)
• Update monthly purchasing amount is allowed
• You can interrupt or stop whenever you want to
• Your exchange is always for the best market price
• Purchase the smallest units: 0.5 grams, 1.0 grams
• Delivery to your home is free over 3000 Euros
The money needed for a couple to retire comfortably for 20 years has gone up by 30% in 5 years.
It means each pensioner who wants to retire comfortably needs an income more than double the basic state pension just to cover everyday costs such as food, petrol and clothing.
The annual expenditure is a third higher than five years ago, with retiring workers hit by a double whammy of falling income from their pensions and rising costs.
Wealth experts say: “Millions of people are sleepwalking into an impoverished old age. You can’t expect to spend twenty or thirty years in retirement without stashing away a substantial amount of money while you are still working.”
Only the very wealthy and those in the public sector with generous gold-plated schemes can guarantee a financially secure retirement, experts said.
KB Gold offers a secure and fast growing alternative retirement Gold Plan from only €50 a month ($65). It is invested in Gold bullion and remains secure in Swiss vaults until you need it. No sign up fee, no long term contract commitments, best gold price and get your gold delivered to your door whenever you want to…
Do you want to retire comfortably? For full story click here
For more information and a solution to the problem click here
