'Invest in Gold Now!' Advises Kevin DeMeritt of Lear Financial as Gold Prices Soar to $654.50 While the Dollar Keeps Sliding
Santa Monica, CA (PRWeb) January 4, 2007 -- Top gold investment advisor Kevin DeMeritt of Lear Financial, the parent company of Gold Central, one of the top gold coin companies in the U.S., announces major factors fueling the latest rise in gold prices, equating violence in Iraq and potential problems with Iran as urgent reasons to invest in gold now.
"The strongest reason to own gold coins now is the fact that the United States has three aircraft carriers with task forces parked opposite Iranian shores," said DeMeritt.
"This unusually high concentration of United States warships in the Persian Gulf is viewed as a warning to Iran's growing nuclear threat to the stability in the Middle East," continued DeMeritt. "Given Iranian President, Mahmoud Ahmadinejad's recent declaration of now being a nuclear power, and with China and Russia both staunchly opposed to any type of punitive action to be taken against Iran, it appears current gold prices will continue to rise."
In addition to this escalation of tensions in the Middle East, the dollar is weak and getting weaker due to national economic policies and the over one trillion dollars of U.S. debt owned by foreigners which could be repatriated under certain conditions, which could cause a major decline in the value of the dollar and a soaring demand for American gold coins.
"Gold prices are rising because of the weak dollar," said DeMeritt. "It seems difficult for the Fed to raise interest rates as most of the economic indexes released in the U.S. have been negative."
With the recent devaluation of many international currencies, the U.S. dollar was the international safe haven of last resort. There are signs of this ending due to many financial factors, the most important one being a falling dollar and the demand for American gold coins.
As for prices, they could be anywhere between $800 and $900 at the end of 2007, and could even reach $1,400 an ounce by the end of 2010.
To learn more about investing in gold coins, and gold bullion through Gold Central, call 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. GoldCentral.com 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. Gold Central not only enables investors to stay current on the latest developments in the gold market, but also gives investors the flexibility to move gold as expeditiously as conventional paper investments.
###
This press release has been reprinted from PRWEB per the terms and conditions of the copyright notice.

Other Article Sites
findabook.com moneycd.info a-mortgage.info
about-lemon-laws.info aboutstudentloans.info
all-about-publishing.info auctions-articles.info bestcollege-university.com bestispconnection.com
biblefolder.com blogger-website.com books-used.info brokers-guide.info buywindows.info cable-dsl.info
career-miner.com carpel-tunnel.info cashinaflash.info cashloanreviews.info casinobell.com chat-house.info
clearmycredit.info collegeloantips.info crones.info depression-articles.info
dirnic.net dishguides.info
divers-below.com expodog.info
financewizz.com fire-insurance.info getgood.info handleit.net
it-idea.info
health-supplies.info hosting-right.com insidealert.com insurance-facts.info jobs-employment.info
justgood.info lookgold.net
lowcost-travel.info money-source.info myhostzone.info numisblog.com
peoplesearchfinder.info pr-articles.info realeas.com
refinancing-guides.info spyware-remove.info
telelot.info the-law.info
toppaid.info travel-deals.info travelcorrect.com wedding-guide-site.com
your-blog.info your-credit.info
|
 |
 |
 |
Coin Collecting At FindaBook.com
Search For Books On Coin Collecting
MORE ARTICLES:
Old Coin Value - What's Important
Thank you for being interested in our work. We hope to be of service with the following guidelines. Everything you have as probably some sort of value attached to it. Sometimes this value is founded on how you feel about a certain item, while other items are given values assigned by others. The same applies to old coins and other coins in you collection. While professional coin dealers or expert coin collectors will know the old coin value for various coins, we may have no idea about this. This is the main reason why you should acquire as much knowledge as you can about evaluating old coin value and what their price is. The knowledge you will gain is priceless. You will be able to get a ruff idea about what you can expect to get from the...
Buy Silver Coins With Confidence: A Guide To Selecting Reputable Silver Bullion Dealers
With the price of silver exploding in recent years, there seems to be no lack of silver bullion dealers advertising their services online Trying to find a reputable dealer can be a bit confusing for the novice silver coins investor
American Eagle Gold Coins: Why These Gold Bullion Coins Are a Worthy Investment
There's never been a better time to buy American Eagle Gold Coins An economic recession is almost assured
Coin Collecting Becomes More Popular as Gold Tops $1,000 an Ounce
As the price of gold skyrockets and the economy falls into a recession, more people are taking up the hobby of collecting coins. And all the while, sites like CoinPeople.com and OmniCoin.com are reaping the benefits.
Coin Collecting Supply Company "Wizard Coin Supply" Launches New Website
New site will provide a comprehensive catalog of coin collecting supplies and educational resources for coin collectors.
Challenge Coins - A Special Type of Coins
For your convenience we have published this article in order to let you know of everything related to the Challenge Coins. Enjoy ?
Favorite Gold Coins To Collect For Investment
Why Gold American Eagle Coins are Popular among Collectors
Gold Coins and Gold Bullion Remain a Safe Place For Your Money
The Bull and The Bear are continuing to bang heads Wall Street and even Main Street USA, and I am sure even your street is in shambles
New Jewish Coins Use Old Wisdom To Aid In Life Balancing
SoulCoin offers timeless wisdom through unique coins. SoulCoin has just released The Humility and Joy Coin Set, two 1.5 inch brass coins based on a well-known parable of Jewish wisdom. The coins help people balance their approach to life so that they can focus on achieving their goals in a positive, satisfying, yet humble way.
Coins Minted In Gold, Silver And Platinum As Investments In Metal
Coin collecting goes back over many centuries. It is man's inborn nature to collect something. And coins are one of the most popular collectable objects. The collection of coins, whether by professionals or amateurs, is called Numismatics. This article is a list with the most popular coins made from precious metals. People always collect coins, especially ones which are minted from precious metals like gold, silver and in later years from platinum. The early technology of coin-making was very primitive for many centuries. And many sorts of coins had very varied shapes.
Leading Coin Supply Company "Wizard Coin Supply" Launches Book Advisory
Wizard Coin Supply, a global provider of coin supplies and coin collecting accessories, is proud to announce the launch of its New Book Advisory.
Hammered Coins of England is Increasing in Popularity as a Medium and Marketplace for Collectors of Old Hammered Coins
Hammeredcoinsofengland.com -- the website of the company which buys and sells old hammered coins -- is rapidly increasing in traffic as collectors visit their website to read their articles on hammered coins, buy and sell, as well as evaluate and give opinions on coins.
Canadian Coin Prices - Evaluate Your Coins
I trust that you will take a few moments to read this article. If this is the case then lets get started.
Hammered Gold and Hammered Silver Coins: Evaluating Their Price
When it comes to evaluating the price of hammered coins it is much more challenging than it is for other items that are still manufactured today. That is why both buyers and sellers have to be extra vigilant in ensuring that they buy and sell for a fair price. If you are considering selling or buying hammered coins, make sure that you seek professional advice before doing so and that you do not simply jump in at the first offer.
Knowing Your Coin Collection Value
Back in the olden days, people hoarded coins for the sole reason of the value they can get from them Centuries later, people transformed that mindless activity into an elite art called coin collecting
|