Gold as Insurance Against a Financial Market Crash

Gold as Insurance Against a Financial Market Crash

The worst of the U.S. stock market decline in almost five years. Last week marked the S & P 500 fell last week steepest since September 2003 and it was a week of the worst for the Dow since March 2003, all of this just after I warned you over and over again here in the markets that U.S. markets head for sharp contraction. Record low in U.S. dollars. In terms of a Federal Reserve index of the trade weighted value of the dollar has made U.S. dollars, the lowest level of the recording. And the worst one-day decline in the bond market in three years.In short, the credit squeeze and the price of silver will go up because of the risk in the U.S. economy. 



 Just yesterday, we also see ... Oil prices soar above $ 78  Will not increase oil demand, which is not surprising that the U.S. remains strong. Mainly because of the growth was a record shattering of Asia, which is not likely to slow even as the U.S. economy turns south. Today I want to talk about gold as the most valuable asset you can own in times like these. In particular I want to tell you why ... This is a good time to own a small amount of physical gold. When turmoil hit the stock market bonds and currencies that are no substitute for owning some physical gold. The bull market in gold becauseeven like we have now is not all gold mining stocks or stock mutual funds, gold will thrive. Some people will get hurt are those who prevent risk or those who can not deliver gold to their customers quickly enough. There is also an exchange of money, there is one potential negative If the surge of gold ETF investors tried to take delivery of gold in exchange for their shares, paper money, some may find it difficult to meet that demand. I do not expect that to happen. But in this environment - where hedge funds are poor, mortgage banks are belly up, banks are faced with large earnings shortfalls - anything can happen.

 



 The main advantage and the most obvious being a gold medalist, a physical rather than "fixed" the gold is that it your all, and obviously Plus, gold is widely regarded as anywhere in the world regardless of culture. language or local currency. You can convert it into goods and services anywhere in the world. I think everyone should put up to 3% of their net worth in physical gold. I will tell you that in a minute. And I will give you a list of three recommended dealers. Before I get into the specifics, some basic guidelines for ... Before the allocation of your portfolio. Do not go overboard as I just noted, I think, no more than 3% of your net worth will be enough to put into physical gold. This allocation gives you some insurance. It does not expose you to many risks. Secondly, you should generally avoid the rare coins. If you are an expert in this field, I highly recommend staying away from the rare coin market. Rare coins are more like investing in art rather than a financial guarantee. Thirdly, you have to understand the physical gold market. It is especially important that you know that you are buying pure gold. A soft metal, gold is alloyed with other metals to increase strength. That's why jewelry is often less than pure gold coins or bars, naturally, the more gold in a piece that has the more valuable it is.



 For jewelry, gold purity is stated in carats. ("Cut" anywhere outside the U.S.) Coins Bullion, bars and bars with a purity of their precision as the percentage of gold content of .9999 pure (99.99%) Max. To get the true price of the gold content of coins, bars or the price per ounce multiplied by the decimal purity. For example, Hungarian 100 Korona contains 0.9802 ounces of pure gold - just under an ounce. Assuming that the sale price is $ 670 dollars. The actual price for gold is $ 656.74 ($ 670 multiplied by 0.9802). The difference between sale price and the actual value of gold content - in this case $ 13.36 - as part of the cost of production, processing and marketing, including Director of the dealer.






This difference is known as a "premium." Blatant pre-Yom 's usually expressed as a percentage that will make it easier to compare different styles of gold and the dollar. different rods and bars. Fourth, you also need to understand the storage problem. I recommend the program to store dealer information. Millions of dollars in investment funds have been lost in these programs. But despite the difficulties, I suggest you take possession of your gold and store it in a safe, secure, or better yet, your safe deposit box at your bank. Large amounts can be stored at the storage location information that is freely licensed by one of the exchange, such as the Delaware Depository. Now here's a favorite investment of physical gold. In the past I've shied away from the gold medal on the W's they were bigger than the premium gold bullion and bars. The premium of this narrow market gold dealers have become more competitive.

  That said, here is a favorite of my investment in physical gold, in order of preference ... Kilo gold bars for large investors, the kilogram - or 32.15 an ounce - gold is still the best way to go.

  1 -, 5 -, 10 grams and ounces, a stick: these are the best all-around investment in physical gold, in my opinion.and sales.

My favorite metal bands are refined by Pamp Suisse, and are available through most dealers. They come in sizes ranging from one gram per ounce. Gold bullion: bullion coins, most are available in sizes starting as small as 1 / 20 of an ounce, but a small part means that you will end up paying the premium for a higher overall gain, much less gold for your money. So I do not recommend fractional bullion coins, except perhaps as a gift

Home owners Insurance Not Cover Many Types of Damage

Home owners Insurance Not Cover Many Types of Damage

Every year in every state, property owners, many of which found that insurance policy that the landlord will not pay when their home was destroyed by geological processes such as earthquakes, soil, expansive, floods, hurricanes, landslides and subsidence. These homeowners might have the impression that the "total disaster" insurance policies, they will pay for almost any type of damage that they will be exposed to. But I feel the same way when I bought my first home owners insurance policy. I remember a prominent agent told me that it was a "total disaster" and feel good about that. I do not read policies word by word to see what it really covers - the previous policy of insurance issued by 50 leading companies in the insurance industry? Everyone assumed that they will cover everything. A few years later to work as a geologist who brought me in contact with the owners of many homes that do not fit together when their homes have been damaged by flooding, landslides, subsidence and other problems, I was surprised at that. Many people have been urged to ensure the rough.not by the company that I tend to think that the leaders of the indusstry insurance. "The thing that we do not cover." One day, I send my insurance company's policy is revised, and I decided to take a little time reading it. I want to find out if your policy will cover the same threat that I see others suffering? Sure enough, the policy statement, except that very clear. The list of exceptions is almost identical to the subject of environmental geology textbook. Have coverage for landslides, floods, mine subsidence, mud slides, mud flows, volcanic eruption, surface water, waste water, and a long list of other problems are not. I have looked in the statements excluded from homeowner's insurance policy number and my personal opinion is that the typical homeowner's insurance policy is not much more than fire and liability policy limits. - and some areas may be damaged by objects falling and the wind. Your homeowners insurance might not cover even half of what you think it will. Lessons that will take away from this. "Learning about geology before you buy a house" if the house has some of the geological risk, you should not buy it. You should know exactly what your risk and insurance to provide cover for themn or living in the house to inform you of your touch. Below I have done my best to summarize what many homeowners policies do not cover and provide links to more detailed information. To learn more on these topics can be found by reading books about environmental geology and environmental geology at the University. For specific information contact the website you can consult a geologist or geological exploration services in areas where housing is located. Earthquake insurance. Typical homeowners insurance policies do not cover damage from earthquakes. Homeowners in need of protection is normally required to purchase "a disaster" policy - a policy of insurance, earthquake. One way to do this is to ask your homeowners insurance agent if your policy provides coverage for earthquake.In some geographic areas, earthquake insurance is available through government-sponsored programs such as earthquakes in California. Many insurance agents can advise you about our company and the government provided protection against earthquakes in your area. Question many people ask the landlord is. "Do I need earthquake insurance?" There are a few situations where homeowners have earthquake insurance in order to comply with the requirements of a mortgage. But for most people the answer depends on where home is and the level of risk that homeowners will be willing to take. Small map on the right shows the geographical variability of the earthquake hazard. White areas on these maps are the least dangerous and most red zone. Earthquake insurance can be a very good idea in red and orange. If I lived in these areas, I will buy insurance. It is thought wise in the yellow area. The danger of an earthquake is reduced in the area of ​​green, blue and white, if you live in one of these areas and want the peace of mind that you receive financial protection in case of damage and insurance to buy. good I live in southwestern Pennsylvania and did not have earthquake insurance - maybe I will not regret one day

royalties gold insurance : Using Gold as Calamity Insurance

royalties gold insurance : Using Gold as Calamity Insurance

30 years, Jean - Marie Eveillard, 69, semiretired elder statesman of the Eagle investment management, running a mutual fund that has a good success. His investment by purchasing a value and it's sitting on the games is not much turnover. None of fashion. (He used to train the bank with "C" in place of the "K" in their name, such as Banc of America).
He also has one of the big money 'is a classic collection of the value of gold. Somewhat old-fashioned way to preserve the wealth of existing investors that 'well in the past decade, as stocks have gone down while the price of gold has gone up from $ 300 to $ 1,100.
But do not mistake for one of the multitude of goldbugs Eveillard has been attracted by the latest action in metal Eveillard is not a trader. He was uncomfortable predicting inflation forecast of GDP growth, or pontificating. About what the FOMC will do next. He was quite a stock analyst with fixing the free cash flow.
In Pictures: Seven ways to invest in gold.
Still believe that Eveillard, the current level of uncertainty in the economy so good and so much depends on the Fed to get things right, gold is a store of value investors, there should be ignored. First, there are half a dozen Eagle Fund (Eveillard, a "senior adviser" to the management company of them); All of them were between 5% and 10% of their assets in gold, except for pure gold.
For someone who "shares less than 5% is irrelevant and nothing more than the 12% is more than insurance," said the native Parisian accent is obvious.
Insurance with a precise, Eveillard did not claim to know. He believes that the actions of the Fed has focused on what plays out. However, there is exactly one contact with the President of the Federal Reserve in the last decade of his finances was in 2003 when the Bank for the settlement of international offers to buy out the shareholders and the general public as well as some of the funds. Eveillard's what he assumes is the fists. During that time, the bank is a curious combination of the transfer of academic rules and to store your valuables, back to the form of a bar that is kept in Switzerland's capital Eveillard against bis. Alan Greenspan and the directors of the combined result was a higher price for investors who want to get squeezed out.
Gold has proved recently the ability to maintain the stability of the portfolio in 2008 was the first Eagle fund down 22% and mutual funds, the first eagle of the United States decreased 23%, while Morgan Stanley. Capital International EAFE Index (in dollars), down 43% in 2009, funding increased between 22% and 24% of the stock market closely estimated growth to outpace value. Among the holdings, in addition to heavy metals in one or both of money: Berkshire Hathaway, Home Depot, Apache, and Sanofi - Aventis.
Before 1971, when President Nixon removed the ability to change international gold medal, it was not important for investors to protect the U.S. dollar is the currency of his house. I said Eveillard, you need the metal to be "serious retention," states that FIAT money system is "fraying at the edges.".

royalties gold insurance : Insurance Repairs Gold Coast

royalties gold insurance  : Insurance Repairs Gold Coast

Large or small, at home as a valuable asset for most of us other than the fact that we spend our life to make a nest, a small and safe for our families at home. We bear witness to the love, care and concern that we all lived closer as a family for one another. It is a place that provides us with memories to cherish for the birth of a baby / I was the first of your fun and the laughter shared, etc., etc. But what happens when something sudden and unexpected happens to your home is. What to do if your home was damaged by storms, fire, water, or? Well, maybe there are two things you can do in such situations. First, you can call up your insurance company and ask them to pay for the repair and maintenance of the insurance company will send a representative to go to your place to assess the losses actually incurred and there. for calculating damages and claims for which you are entitled. The second option, which most people are likely to encounter is to perform the repair and maintenance of their own, they Donat want to get into the hassle of dealing with insurance providers their homes and to save time and energy. They bear their own costs. However, there is a better solution for those who do not want to spend their own money for home repairs and maintenance in the event of damage to their property due to fire, water, theft, or vandalism, they do. and do not want to wait indefinitely for an insurance company to allow them to claim insurance repair. There are companies that offer insurance to repair the Gold Coast residential property for commercial operation of such companies, losses, claims management and repair of the property. In simple terms, they perform the repair while the claim is processed. So you will not have to wait for checks to arrive from the insurance provider, or you will have to pay money out of your own pocket for the repair and maintenance of your home. Warranty repair services, Gold Coast, the provider will invoice you for all services including the repair of broken glass, pipe bombs, the damage instead of electrical equipment, furniture and anything and everything that insurance. your home and you have the right coverage. The number of billing will not exceed the amount you receive from your insurance carrier. Isnât it is a good solution, and the practice of ensuring the Gold Coast of repair? If you are interested in the Gold Coast Insurance Services, Gold Coast Property Services Maintenance and Handyman Services Gold Coast
royalties gold insurance  : Insurance Repairs Gold Coast

royalties gold insurance : Oil spill insurance coverage

royalties gold insurance : Oil spill insurance coverage

Homeowners often want to sue their insurers for fuel contamination, even if they only. However, the protection of third parties. Several years ago, many insurers amended their policies to remove first. (Of itself), the protection for the oil leak if you do pay extra premiums. Pay a premium and many people find themselves with nothing. However, the protection of third parties, six occurred or was discovered.



 Insurance companies usually pay for the clearing of some in order to prevent or control migration outside the protection of third parties. However, off-site migration can be stopped without cleaning up the property owners that the government can use it. This is often very difficult to do in position.In Cole v. Aviva Insurance Co. of Canada as a judge in Newfoundland has been trying to help homeowners with the introduction of a new interpretation: If the groundwater is the property of the owner of the house. contamination did not affect the interests of the Crown in the groundwater?





And if the Crown is not affected by the coverage of any third party called? The judge raised the issue of his own motion, after backing up his decision about the liability trial. He therefore ordered the parties to return to discover and present additional evidence on this issue; ° and the results of this process, any appeal is still unknown. However, if the plaintiff is successful in the end, the clock for the wave of lawsuits against other insurers as quickly with the new limits in the words of assurance. policies.Every home insurance company will try not to pay for the insurance, because they will use their own profits. This article will show us just fine. We will have to pay for insurance, why? I did not have insurance because I thought, so I can save a lot of money. I recommend it to everyone

royalties gold insurance : Oil spill insurance coverage