Despite an 8% pullback in gold prices last month, many investors were smart to scoop up physical gold coins and bars, driving physical demand to its highest since 2008!

The spike in demand caused a shortage among American Eagle gold bullion coins at the U.S. Mint for the first time in almost three and a half years! The U.S. Mint told authorized purchasers on April 22 that it was temporarily suspending sales of the one-tenth-ounce gold bullion coins as year-to-date demand for the coins was up 118% from the same time in 2012.

Investors taking advantage of the pullback in gold prices are going to be well prepared for what looks to be in store for the economy.

In the wake of the fresh news that U.S. inflation has softened further, the U.S. Federal Reserve released a statement after its meeting last week and while changes were minimal, they were indicative of a Fed willing to do more if needed it increase inflation and keep interest rates low.

Bottom line: Many central bank watchers believe the Fed will continue its current pace of asset purchases through the end of 2013 and interest rates will remain at all-time lows.

With the policy of printing money, quantitative easing and extraordinary monetary policy accommodation remaining in place not only in the U.S., but also Europe and Japan, with no signs of letting up in the foreseeable future, now is the chance to diversify those paper assets with the safety of an asset you can touch: physical gold.

Take advantage of the recent dip in gold prices as a precaution for the rough economic waters ahead! Call Capital Gold Group at (800) 510-9594 to learn how you can get started adding physical gold to your portfolio today!

As with buying a home and starting a family, enjoying retirement is the dream of many Americans. Many have the opportunity to build that dream by taking part in their companies’ 401k plans. Unfortunately, only after investing in such a plan do many employees find out both how little input they have in how their money is invested and how small the return is on those poorly performing investments. To ensure that you can have the idyllic retirement that you deserve, consider investing in gold and other precious metals with your 401k assets.

Traditional Precious Metals IRA Given the wildly unstable financial market of the last several years, many people prefer to stay clear of Wall Street for good reason. However, gold is one commodity that has consistently increased its value during this time. Many precious metals have witnessed a spike in their values in spite of the recession. A Traditional Precious Metals IRA offers the chance to put money in one of the most secure investment opportunities available.

Investment Potential of an Old 401k How can you roll over your retirement plan into a Traditional Precious Metals IRA? It depends in large part on the status of your 401k. A plan with a current employer may prove difficult to roll over, but before you give up, discuss your options with your company’s financial department. Older 401k plans with previous employers should be fairly easy to convert into a Traditional Precious Metals IRA. Afterwards, you will find that a relatively insignificant retirement plan can become the foundation of your future security.

Taking Control of Your Retirement Future Don’t let corporate advisors tell you what your retirement future should look like. You can take control of your poorly producing 401k plan and turn it around in mere weeks with a rollover into a Traditional Precious Metals IRA. The quicker you do so, the sooner you’ll be on your way to a worry-free retirement.

Where can you buy gold and silver in Los Angeles? Call Capital Gold Group today at (888) 853-0973 to find out more about investing in gold. We can see to it that you have the nest egg you deserve once you retire.

Disclaimer:

The representatives at Capital Gold Group are not financial advisors and the information provided in this blog should not be considered financial advice. The past performance of gold investments is not indicative of potential future gains.

As the headline battle between paper sellers and physical buyers of gold escalates, something eerily strange is continuing behind the scenes.

As first reported here on April 9th, Comex gold inventories have been plummeting, demonstrating the highest levels of physical removal ever during a single quarter in Q1, 2013.

Most shocking however, is that Comex warehouse inventories are accelerating their downward plunge, with dropping inventories now spreading to the world’s largest fund depositories.

Over the last four weeks alone, total reported inventories of ETFs, funds, and depositories collapsed by over 5.5 million ounces, or in dollar terms, by over $7,000,000,000 dollars.

The largest physical removals were reported by the Comex at about 1.4 million ounces, or nearly $2 billion dollars, and the GLD, which reported total inventory removal of nearly 4 million ounces, or roughly over $5.6 billion dollars.

Here is a chart illustrating the continued gold inventory plunge at Comex warehouses:

Individual reporting by the world’s largest funds and depositories show a spreading phenomenon, with Comex and GLD sticking out like sore thumbs…

-Why is there such a panic going on to remove physical gold from Comex registered warehouses and other depositories?

-Why did it begin before the collapse, and why does it now appear to be accelerating? 

-Why is the multi-trillion dollar fund management industry denouncing gold, while it quickly moves inventory out of registered warehouses?

-Where is the gold moving, and what is it telling us?

-Is this wholesale migration signaling an imminent geopolitical or major market event? 

——

Bottom Line: These are difficult questions to answer, however, one element of truth remains, which is that gold always tells the truth. If it gets up and moves from location to another, you can bet there’s a reason for it.

Furthermore, Hayman Capital’s Kyle Bass is known for having stated that,“We went and looked at the Comex…[they had] $80B in open interest and $2.7B (3.3%) in deliverables at the time…[so] it’s actually an easy decision if you’re a fiduciary…you go get [your gold], and let them worry about the rest.”

SOURCE:
Bull Market Thinking
By Tekoa Da Silva
April 24, 2013

In an April 19 interview with Fox Business, independent day trader Neal Greenberg warned prospective investors that while there are options to purchase “paper gold” or ETFs, “good luck getting metal from paper shares in a pinch.”

“Unless you own physical gold, you do not own gold, pure and simple,” stated Greenberg

For those investing in gold for the first time, it can be difficult to understand how the process works and the best ways to ensure that the investment is a wise one. The process of buying gold can be carried out in one of two ways—either with an exchange of cash for physical gold or an exchange of cash for gold ETF’s. Here is a look at the advantages of owning physical gold over the latter option:

Fewer Risks
When you purchase a share in a gold ETF, or exchange-traded fund, there’s no guarantee that the share will retain its value in the case of a major crisis. In 2011, a major commodity broker, MF Global, collapsed suddenly. This resulted in the freezing of buyers’ assets, and once they were made available, these assets were worth a fraction of their initial value. This unfortunate incident was a lesson to many that investing in gold is only truly safe when you have physical possession of the metal.

Peace of Mind and Reassurance
There’s no comparison for the sense of security that you will feel when purchasing gold in its physical form over an ETF. No matter what happens in global financial markets, your physical asset will be safe in your possession. If there’s one thing the last several years of financial turmoil have taught us, it’s that a prudent investment strategy better ensures stability.

Speak with the professionals at Capital Gold Group to learn more about investing in gold. Our experts have years of experience helping investors diversify their portfolios. Call (888) 853-0973 or like us on Facebook to learn more about buying from us.

Below are some of the top stories this week:

• U.S. Mint’s Sales of Gold Coins Soar After Futures Slump

The U.S. Mint in April has sold 153,000 ounces of American Eagle gold coins, the highest in almost three years, after futures prices started the week by plunging the most since 1980.

• Gold Bears Scarce in India as Rout Lures Buyers to Bazaar
  

Gold buyers in India, the world’s biggest consumer, are flocking to stores to buy jewelry and coins, betting a selloff that plunged bullion to a two-year low may be overdone.

• Gold Sinks Most Since 1980, Stocks Sinks Most This Year
  

Commodities fell to a nine-month low, led by the worst plunge in gold since 1980, and global stocks slid the most since June as China’s economic growth unexpectedly slowed and investors speculated hedges against inflation were unneeded.

• Arizona Passes Law Making Gold and Silver Legal Tender
  

States are now rushing to push bills through allowing for gold and silver to be recognized as legal tender as politicians fear that the U.S. economy is going to collapse.

• Gold Rises, Silver Jumps on Economic Stimulus Outlook
  

Gold rose to a one-week high and silver jumped the most since January on speculation that central bankers in major economies will take more steps to bolster their economies, boosting demand for the metals as stores of value.

Call Capital Gold Group today at (800) 510-9594 to speak with a Precious Metals Expert and position yourself for a brighter financial future by converting your long-term savings into physical gold and silver at bargain prices.

There is no denying that things have been very rough for gold this past week.

Gold has been under pressure for many reasons, including:
- A strong rebound in U.S. markets which has falsely eased investors’ fears
- Low levels of inflation over an extended period of time

Most recently, the Cypriot financial crisis seems to have had the most significant impact on gold due to part of a deal to secure $13 billion in financing for the island nation. The deal in question required Cyprus to sell a large portion of its bullion holdings, causing an influx in the market that contributed to the pullback of gold prices.

Despite these pressures and the reaction of some investors to shudder at the thought of investing in gold now, I’d like to highlight 5 reasons why now is the time you SHOULD be buying gold and taking advantage of these prices because they are not likely to last long.

1. Listen to Investment Experts
Long-term investor Warren Buffett has admitted he isn’t a fan of gold since in his opinion, it offers the world no “production” value. Buffett prefers to own companies, which grow and offer a service or product to consumers.

Despite his attitude toward gold, Buffett’s investing advice to “be fearful when others are greedy, and greedy when others are fearful” perfectly sums up a great reason to buy gold right now! Gold is at levels not seen since 2011 and many broker firms, including Goldman Sachs, are jumping aboard the gold train.

Buying into a metal that’s held its value through the test of time when investor sentiment is at multi-year lows could be just the recipe to finding long-term success. I’d also like to mention that gold does have practical uses, especially in electronics and dentistry, so there are tangible measures of demand to base purchasing assessments off of!

2. World economies are still weak
Gold is the ultimate hedge against economic weakness. It held its value while multiple other currencies devalued over the same period of time, and in weak economic times, gold provides a potential safe haven investment when bonds aren’t outpacing inflation rates.

Given the current state of the global economy, gold presents a compelling case to be bought. Europe’s ongoing financial crisis that has consisted of five bailouts so far (Greece, Ireland, Portugal, Spain, and Cyprus), along with numerous austerity packages that are likely to slow growth and put even the largest financial institutions under a microscope for years to come.

In the U.S., the unemployment rate remains uncharacteristically high and GDP growth in the fourth quarter trickled in at just 0.4% after two upward revisions. Add to this that China’s 7.7% GDP growth rate in its most recent quarter is below its 30-year historical average growth rate of 10% and you have a wall of worry that could stimulate long-term gold buying.

3. Retirement savings caps for upper-income earners
In the U.S., upper-income earners pay higher taxes and, as of last year, Individual Retirement Account tax deductions were phased out based on adjusted gross income. The newly introduced 2014 budget presented by President Obama last week may introduce yet another constraint on upper income earners that would cap their IRA and tax-advantaged retirement benefit accounts at an annuity level of $205,000 per year.

While there is no guarantee that the President’s budget as presented will pass Congress, it provides additional reasons for wealthier individuals to consider moving some of their assets into gold where no wealth cap or investing restrictions exist.

4. Record-low lending rates
Federal Reserve policies are another reason why gold remains a strong buy. The Fed has been more than willing to keep lending rates at historically low levels (0%-0.25%) through 2015 in an effort to ensure that the economy recovers. The upside, of course, is that low lending rates encourage business and consumer borrowing which helps drive personal consumption.

The downside is that these rates also discourage saving. With another nearly three years of low lending rates forecast, this provides motivation for investors to look to gold as an investment that will help to diversify their portfolios. Considering that gold has returned an average of 16.4% since 2000 and U.S. inflation has averaged about 3.6% since 1914, you can do the math on why gold could be a big winner compared to a 10-year Treasury bill yielding just over 1.7%.

5. Trends
Two trends in particular have signaled that gold prices are destined to head even higher.

The first trend is that gold prices themselves have advanced for 12 straight years. Second is the trend that the U.S. is going to infinitely expand the U.S. money supply. The Fed’s $85 billion monthly bond purchases has done well to keep lending rates and inflation under control, but a constantly expansive money supply is going to eventually push the inflation rate higher and provide yet another reason for investors to buy into gold, the ultimate inflation hedge.

Call Capital Gold Group today at (800) 510-9594 to speak with a Precious Metals Expert and learn how you can shield your long-term savings with physical gold and silver.

Cypriots queued at banks as they reopened on Thursday under tight controls imposed on transactions, but there was no sign of a run on deposits that had been feared after the government was forced to accept a stringent EU rescue package. Banks were shut almost two weeks ago as the government negotiated a 10 billion euro ($13 billion) international bailout to avert a national bankruptcy, the first in Europe’s single currency zone to impose losses on bank depositors.

Capital Gold Group is a BBB Accredited Business. Listeners are welcome to receive a free precious metals guide by going to http://www.startwithgold.com/gold-guide/ or call 1(800)510-9594. If you’d like to listen to the rest of the show, visit StartWithGold.com to subscribe to the podcast.

The numbers are in and Silver Eagles are soaring!

Sales of Silver American Eagle coins skyrocketed in March, continuing a trend of record breaking sales since 2008.

According to the U.S. Mint, sales of the Silver American Eagle coins totaled 3,356,500 ounces in March, up 32% from comparable sales of 2,542,000 ounces during March 2012. Total sales of 14,223,000 ounces through March 31, 2013 soared by 40.3% over the comparable 2012 year period.

Based on sales for the first three months of the year, Silver American Eagle sales for 2013 could hit a record shattering 57 million ounces!

As the slow motion collapse of the Eurozone speeds up, the looming possibility of huge losses by bank depositors is likely to create a total loss of confidence in paper money and ignite a panic move into gold and silver. Don’t wait for the situation overseas to effect your finances at home! Call Capital Gold Group at (800) 510-9594 to find out how YOU can add physical gold and silver to your portfolio.

Analysts polled by Reuters expect silver to rise in 2013. So far this year, silver prices have rallied 6%. The U.S. Mint sold out of 2013 American Eagle silver coins at the end of January but was able to resume supply as inventory was replenished.

Capital Gold Group is a BBB Accredited Business. Listeners are welcome to receive a free precious metals guide by going to http://www.startwithgold.com/gold-guide/ or calling 1 (800) 510-9594.