Austin Rare Coins & Bullion's President Ryan Denby on Talk Radio

Why you should own Gold & Silver!

NOV 08, 2012

Gabe Elton | Austin Rare Coins & Bullion 

What Would You Do If You Knew? 

What would you do if you knew? Here at Austin Rare Coins and Bullion we try to stay as far away from partisan politics as possible – political atheists if you will. However, we also believe that facts are nonpartisan and that facts are nonpolitical. We have compiled a list of facts and figures in the research below that are absolutely astounding in nature and we believe that once these facts are known and in the open, that you will understand why there are few choices on the investment landscape other than Gold and Silver. You will realize that our current path leads to certain wealth destruction and the only way to protect your future is through holding Gold and Silver – the last vestige of private wealth protection that can be accumulated in a way that is blind from the prying eyes of Government bureaucrats.

WWYD If You Knew?
What would you do if you knew that a President had just been re-elected that has accumulated $5 Trillion in debt, more than any President in history, during his first term alone? Would it bother you at all that during this President’s term it took only 286 days to add a Trillion dollars to our National Debt when it took our country 200 years to accumulate the first Trillion in National Debt? What would you do if you knew that at this current rate, we are adding $4 Billion in debt on a daily basis?

Would you take drastic action on your financial decisions if you understood that at this current rate, over this President’s next four years, our National Debt would be over 21 Trillion Dollars? A rate, that if paid off at $1,000 per second would take over 600 years to pay back, or put another way, if we paid it off at a rate of 85 Million per day it would take 600 years to pay it back?

Would you take action and add more Gold and Silver if you knew that a President had just been re-elected who openly promotes wealth redistribution and would rather move towards the socialist policies of the Europeans instead of gravitating closer to the capitalist system our founders envisioned? Would it concern you if a President had just been re-elected who believes that if you own a small business that “you didn’t build that” and that it is in the best interest of the environment to bankrupt the coal industry saying that “under my administration electricity bills would necessarily skyrocket”?

We think that you do know what to do, and because of that, we are expecting a deluge of calls with investors scrambling to protect their wealth in hard assets like Gold and Silver – don’t be the last in line!

Austin Rare Coins Names President Barack Obama Gold & Silver Salesmen of the Decade!
While we think that this current train wreck in slow motion called the U.S. economy is terrible, the man overseeing it all, President Barack Obama, has done wonders for the Gold and Silver Industry. Unfortunately, Gold and Silver love debt, Gold and Silver love uncertainty, and Gold and Silver love the destruction of the dollar. On all accounts, while President Obama is terrible for those of us looking for less debt, more certainty and a stronger dollar, he has excelled at supporting the Bull Markets in Gold and Silver.

In fact, on November 7th, 2008 when President Obama was elected for his first term, Gold was just $733 per ounce while Silver sat at just $9.97. In four short years, Gold has increased to over $1700 per ounce an amazing gain of of 133%. If Gold were to continue to increase over President Obama’s next term at the rate that it did during his first term, Gold would be trading over $3900 per ounce. In the same time frame, Silver increased by a whopping 210%! If Silver were to repeat the performance of the last four years, it would be over $95 per ounce by the time Obama leaves office.

For these reasons and others, Austin Rare Coins has no choice but to name President Barack H. Obama as the Gold and Silver salesman of the decade! We would urge you to add more before the crumbling dollar, mounting debt, and economic uncertainty increases at the same feverish pace that it did over the last four years.

Fiscal Cliff Looming
Earlier we asked you “what would you do if you knew” and since that is the theme of this urgent report, we have no choice but to present you with the same question on a different, albeit similar, theme. What would you do if you knew that the debt limit was about to be breached before the end of this year? Not only is it going to be breached, but it will be breached even before the new congress is seated.

For those of us with short memories, let’s take a second look at what happened to Gold and Silver prices during the last debt ceiling debates that occurred over the summer of 2011. The debates started in June of 2011 to be exact. At that time Gold was trading at $1499 per ounce. By August 5th 2011, our congress had voted on a debt ceiling increase, and by the 23rd of the same month, Gold had skyrocketed to $1890, a gain of 26% in the 60 days since the debate began in June.

Unfortunately, the fiscal cliff that everyone is referring to is rapidly approaching. At our current rate, over the next 24 days, our debt ceiling will be breached again. So expect another round of grandstanding by both parties pretending to argue about whether or not the debt ceiling will be raised (we all know that it will be). Something else that could be expected are explosive gains in the Gold and Silver prices.

If Gold were to repeat its performance over the last debt ceiling debate during this debt ceiling debate, Gold would be trading at an impressive $2100 per ounce by mid-January.

Same Song Different Verse
Unfortunately, our economic numbers look like a broken record. This game is not a new one, it’s been going on for quite some time. While Government regulators tell us that inflation is low and that they would like to see more, our pocketbooks and grocery bills would strongly disagree.

In fact, inflation has been raging for over a decade now, it’s just that the government bureaucrats don’t want you to notice:

Since 1999 the average prices for common household items like ground beef, eggs, and coffee have exploded in price. Keep in mind that in 1999 Gold was $300 per ounce and Silver was under $5.

Should inflation keep pace over the next 13 years like it has over the last 13 years and if Gold and Silver were to repeat its performance over the same time frame, Gold will be over $7900 per ounce by 2025 and Silver would be over $185 per ounce. Keep in mind the caveat that if inflation keeps pace, we don’t expect inflation to “keep pace” we expect it to continue an exponential increase which means these prices could be realized much sooner than 2025.

Take Action Now
This Presidential outcome spells disaster for the economy, economic freedoms, and the dollar. The fact remains that in environments such as these paper assets like stocks, bonds, and CD’s falter while real assets like Gold and Silver soar. The debt limit is about to be breached spelling big things for the Gold and Silver Markets. Inflation is already soaring and it is almost guaranteed to worsen. Add in the fact that President Barack Obama has been a proven asset to rising Gold and Silver markets and you have the perfect storm needed to propel Gold and Silver markets to much higher levels.

Ask yourself, were the last four years better than the four years before it? Do you think that the next four years are going to be better or worse than the last? Do you think that your economic privacy is going to be protected? Do you think socialist ideas like universal healthcare, high taxation, more regulation and more bureaucracy is going to impact your wealth in a positive or negative way?

Going back even further, do you think that the last 12 years where average prices on household goods have increased by over 100% are going to be any better than the next 12?

A Gold projection of $3900 per ounce over the next four years is based on the increase we saw during President Obama's first term and a Gold projection of $7900 by 2025 per ounce is based on inflation keeping the pace that it has kept since 1999.

These projections are based on facts and facts alone, and, truth be told, we believe them to be conservative. Why? Because, under this administration, we expect these figures to accelerate. We expect the destruction of the dollar to accelerate, we expect our exploding national debt to accelerate, and we expect our economic freedoms to deteriorate at a faster pace.

We leave you with an enduring quote from Hugo Salinas Price a self-made billionaire and historian. “The Welfare State, funded with fiat money, has produced millions upon millions of humans who have grown accustomed to a good life based on credit and welfare. Fiat money has destroyed humanity’s normal way of life, a way of life in which men and women could find their places and were thankful to have them. That old way of life is gone; the old attitudes toward life and work have been erased. This is destruction many times worse than the worst destruction of any war. That is where we are today. This is what fiat money has brought to the world. Fiat money is the child of the arrogance of human intellect, which has sought to invalidate the laws of human nature which have regarded the precious metals as money for thousands of years, and sought to substitute an intellectual construct for the real thing. Now we are going to pay for that arrogance. What now? Nobody knows. Unquestionably, we are headed straight into fearful problems never seen before. At least, owning physical gold and silver may help some of us survive.”

All of these roads lead to one place and one place only – Gold and Silver. Act now or forever hold your peace!

Thanks in advance for all of your calls and emails. Give us a call today – you will be glad that you did.

P.S. This is not to say that we believe that a Mitt Romney Presidency would have changed our financial outcome in any significant way. The problems we face are too numerous and vast and it is well too late for any one man, or political party, to turn them around.