Weekend: All You Need to Do Is Buy Gold

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Weekend: All You Need to Do Is Buy Gold By Steve Christ | Sunday, July 24th, 2011 Welcome to the Wealth Daily Weekend Edition — our insights from the week in investing and links to our most-read Wealth Daily and sister publication articles. Fate smiled on John Reed. Reed was a Hessian soldier who deserted the British Army at the end of the Revolutionary War. He then had the good fortune to settle near the Little Meadow Creek in Cabarrus County, North Carolina. Becoming at the time what passed for an illegal immigrant, it wasn't long after that Reed's stake in the Carolina countryside made him wealthier than he ever could have imagined... On a Sunday morning excursion in the woods, his son Conrad suddenly spied "a yellow substance shining in the water." There in the creek, he found 17 pounds of gold. Reed took the rock home, where he used it as a doorstop for three years after a silversmith told him it was worthless. Advertisement The FDA Likes It So Much... Right now, the Food & Drug Administration is evaluating a new method of replacing lost and damaged body parts. It involves growing new limbs and organs from donor tissue. And the FDA likes this $2.00 company's solution so much... The technology has been awarded seven years of U.S. marketing exclusivity and tax credits for clinical research expenses. This is for real. Learn about it today. It wasn't until much later that John Reed made what might have been one of the worst deals of all time... Finding out at last the "rock" was gold, he sold it a Fayetteville jeweler for the measly sum of $3.50. It was worth 100 times that amount. Still, news of the find quickly spread, setting in motion the nation's first gold rush 49 years before the more famous California Gold Rush had hordes of gold-seekers heading West to pan rivers for nuggets. Fortunately for Reed, that Sunday morning find was just one of many that enabled him to become a man of significant wealth over the years. More than two hundred years later, you don't need a mine of your own to follow in his footsteps... Thanks to Ben Bernanke's ongoing war on the dollar, all you need to do is buy gold. Of course, we've been saying as much in the pages of Wealth Daily for years now. In fact when metals guru Luke Burgess penned his first bullish gold article back in June 2005, gold could be had for a bargain-basement price of $441/oz. Today the price of gold is pushing new highs again at $1600/oz, making for a 263% increase over the last six years. (In the meantime, equities as a whole have been down to flat.) And true to form, the readers who climbed aboard this trend have been banking big profits in the new gold rush... That is one pretty chart. Advertisement How will you get to work when gas is $20 a gallon? How will you feed your family when a loaf of bread is $15? If you can't answer these questions... You should watch this video and find out.  Now here's the thing: Six years later, Luke is still bullish on gold. He finds the long-term supply-demand picture for gold “extremely compelling,” and believes “we'll see gold prices begin to parabolically rise past $2,000 by the end of 2011.” That means our chart isn't finished to the upside yet — not by a long shot... “Overall,” Luke says, “gold will easily break $4,000 per ounce, while silver could reach more than $150 per ounce.” As Luke explains in his most recent report, the Fed is now essentially between a rock and a hard place that will undoubtedly continue to benefit the holders of gold and other precious metals over the long haul. That being said, your own fate awaits... Have a great weekend. Your bargain-hunting analyst,   Steve Christ Editor, Wealth Daily P.S. As always, you can catch up on any of the week's news you might have missed... Geothermal Blockbuster: Cleaner than Gas and More Powerful than Nuclear Editor Jeff Siegel discusses the only pure play geothermal stock that Uncle Sam is about to send much, much higher. Get it Before it Goes Viral: An Offer You Can't Refuse Publisher Brian Hicks makes his best offer yet: a free 60-day preview of our newest advisory service, Viral Investing. It may be the best free investment you will ever make. Canada's First Oil War Erupts: The Smart Money in Canadian Energy Canada has become one of the very few countries left with a strong outlook for oil production. Not only is their oil production secure, but you don't need a map and your fourth grade geography teacher to tell you it's much less volatile than Saudi crude... Keith Kohl tells readers where the smart money is being played in the Canadian oil sands. Memetics Reveals Gold's Next Move: The Current High is Great News for Gold Holders, But Don't Sell Yet Memetics reveals a peculiar fold in the futures chart that could mean even more gains for gold holders! Regenerative Breakthroughs: Tomorrow's Medicine Today Editor Steve Christ explains why the promise of regenerative medicine is worthy of the hype. Wireless Electricity Is Here: And It's Being Used to Charge Cars The new strategy for the world's most expensive car can also be a valuable investment tool. Great Opportunity in Argentina: Death Rides a Brown Horse The sky was velvet blue over Mongolia's windswept steppes the day I almost died. Clean Coal Investing: Don't Fall for This Clean Energy Scam Editor Jeff Siegel offers his take on the worst "clean energy" investment. Top 3 Pure Silver Stocks for the Rest of 2011: Gold Will Shine, but Silver Will Be the Moneymaker Analyst Luke Burgess discusses his top three primary silver stocks for the rest of 2011. Peabody Energy (NYSE: BTU) Stock: The One Stock You Can't Pass On Analyst Ian Cooper shares reader feedback regarding peak coal and offers two ways to profit from the coal demand supercycle. Losing Our Energy Security: When Big Oil Packs Up and Goes Home Energy security. At one point or another, we've all heard this term — and we have much less of it now than ever before. Editor Keith Kohl explains why the United States is losing its future energy security to China. Refer a Friend to Wealth Daily

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