Guidant Financial Group Blog

On December 2, gold hit another all-time high, proving, yet again, that the “next big investment” is always just around the corner.


In Kim Kyoungwha’s article for Bloomberg (see Gold Advances to Record, Gains ‘Like There Is No Tomorrow’), Chief Investment Officer at Swiss Asia Capital Pte Ltd. Jurg Kiener told the wire services, “The main reason is that they continue to print too much money, and people don’t trust governments and banks. We keep buying it every day.”

What does this mean, though?

One of Warren Buffet’s most famous quotes was, “I get fearful when others are greedy. I get greedy when others are fearful.”

It could be argued that this run on gold is the result of Americans and other investors being fearful and cashing out the dollar. Does this mean that the smart, Warren-Buffet-like, thing to do is to get out of gold now?

Who knows!

This is another great reason why we enjoy so much what we do. Guidant’s Self-Directed IRA LLC is the only investment vehicle that allows its clients to instantly move from one investment to another, without the need to notify a custodian or other advisor. Stocks, gold, real estate, you name it! It’s a possibility, and it’s a possibility today!

Follow that investment trend wherever it may take you – either with the masses or against. We’ll provide you with the vehicle for the trip!