Santa Monica, CA (PRWeb) December 4, 2006 -- Foreign countries are decreasing holdings in the U.S. Treasury making inflation inevitable and gold the only viable investment strategy to protect personal assets, according to GoldCentral.com investment expert Kevin DeMeritt.
"Industry analysts, including those of us at Gold Central, are advising investors to buy at least some gold, even if it's simply to lower some of the risk in their investment portfolios because gold and stocks often move in opposite directions," said DeMeritt, President of Lear Financial, Inc., the parent company of Gold Central.
DeMeritt offers four major factors that are contributing to the steady increase of gold prices making gold coins and bullion a secure and profitable investment.
1. Gold is not only moving up in U.S. dollars, but in all the major currencies around the world.
2. The U.S. government debt is the worst it has been in history.
3. The U.S. dollar index has lost over 30 percent since 2002 and monthly inflation data indicate that inflation is growing at an annualized rate of 5.5 percent, jeopardizing the U.S. dollar's status as the world's reserve currency.
4. Foreign countries are beginning to decrease their holdings in U.S. treasuries making inflation a far gone conclusion.
"Only those who have hedged their bet with gold investments will profit," continued DeMeritt. "Gold is increasingly recognized as the safest investment in times of uncertainty. It is considered beautiful, rare and easy to exchange in all parts of the world. Gold has more than doubled in price since 2001, when it was at $260 an ounce. It shot to just over $730 an ounce earlier this year, but has fallen back to below $600. And the bull market is not over."
For more information on investing in gold coins and gold bullion call Gold Central at 310-656-3272 or visit www.goldcentral.com.
About Gold Central
Gold Central, a division of the internationally renowned precious metals asset firm Lear Financial, Inc., is dedicated to providing Web investors with all the pertinent information and tools needed to securely purchase, sell and trade gold online. Gold Central offers a diverse suite of intelligent investment resources - including real-time pricing, regular e-mail alerts, newsletters and a live staff available to answer real-world questions - that not only enable investors to stay current on the latest developments in the gold market, but also give investors the flexibility to move gold as expeditiously as conventional paper investments.
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