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!

As is the case with most investments these days, Gold is feeling the pressure. Generally considered a solid investment, especially in turbulent times, Gold has experienced some ups, and downs, and ups again recently….phew!

In an article from March 10, Bloomberg cites deflationary pressures as the reason for a two day drop in prices to $912.97 an ounce, or a 2.9% drop during the period. This was immediately following a 3.6% increase just a few days prior. Amidst fluctuation, gold has risen 25% in the last 4 months.

What a difference a few days makes!
In an article from today's Bloomberg, gold has rebounded and experts say "BUY"! Another expert calls gold "As good as it gets". Gold is up to $952 per ounce today. From the Bloomberg article, Peter McGuire, managing director at Commodity Warrants Australia Ltd. says, “[Gold has] got the potential to test $980, $990 this week,” and that “The major driver is where the U.S. dollar trades this week and we see further downside on that one.” Read the entire article HERE.

How other metals are trading:
Among other precious metals for immediate delivery, silver added 0.5 percent to $13.82 an ounce, platinum lost 1.1 percent to $1,102.50 an ounce, and palladium slid 0.4 percent to $206.25 an ounce as of 1:27 p.m. in Singapore.

What does this have to do with Guidant?
The primary investments our clients make are in real estate, tax liens, franchises, small businesses and private loans. Recently we have seen a spike in the interest being shown in precious metals – namely Gold and Silver. These and other precious metals headline the limitless other alternative investments that our clients use because they are an interesting investment in any market. With the Guidant self-directed IRA, you are able to purchase Gold and other precious metals with your retirement funds as a long-term investment without paying taxes or penalties. To learn more about a Gold IRA or to find out if you can invest in something non-traditional which you do not see mentioned on our site, contact a Guidant today!