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47 YEARS EXPERIENCE IN GOLD INVESTMENTS!If you’d like to deal with someone who has been personally invested in gold holdings for 47 years, this is the site! The owner of Golden Eagle Enterprises, Inc., Mr. Jack Weber, bought his first St. Gaudens Double Eagle gold coin in 1960. He began helping others invest into gold in 1966, after he came to the realization that God made gold, not Federal Reserve Notes. When Harry Browne (Libertarian Party presidential candidate and author of the N.Y. Times bestsellers: “How to Profit From the Coming Devaluation – 1970 and “You Can Profit From A Monetary Crisis” – 1974) noted Mr. Weber’s expertise in gold, he encouraged his readers to contact him. Thousands did and benefited immensely when Mr. Weber sold them out of their gold investments in January 1980, when gold was over $700/oz. Mr. Weber has participated in the daily trading of gold for over 37 years. He works alone, so you will pay no salesmen’s commissions if you chose to deal with him and his markup on coins is about half what other national firms charge. If you have a question that no one else has been able to answer, feel free to email him (button) and he will reply to you as quickly as possible. Otherwise, Mr. Weber assumes you have the necessary background to make the important decision to invest into gold coins. If not, read “WHY GOLD?”
January 2009 Newsletter2002 – Gold = $ 250/oz This current dip is simply a buying opportunity Dear Clients and Other Friends: Well the November elections are over, Christmas is but a memory and a new president will be inaugurated in just a few days. Therefore, it’s time to reassess our priorities and our financial future. Our new president made a glaring promise when he was campaigning: CHANGE! And you know what? I predict that we are going to see many changes during the next four (eight?) years, not the least of which will be the price of gold and silver. While changes are going to occur, I find it most interesting that the people whom he has chosen to make these changes are, by and large, the same old people who have been in power in the past, not the least of which is his running mate, our new Vice President. Well, be that as it may, changes are coming and the most important one to you and me is a new currency. We’ve heard for several years that there will be a merger of the US, Canada and Mexico, and I have very good reason to believe that this is one of the first CHANGES you will get from the new administration. And, as part of that CHANGE, you will be subjected to a new currency, namely the “Amero.” What will it look like and what will be the rate of exchange? I don’t have a clue. All I know is that I have VERY FEW paper dollars to turn in. In other words, they can’t hurt me because the vast majority of our savings are in either gold and silver coins, or gold and silver stocks. Do what they will, they aren’t going to hurt my 51 years of working and saving. How about you? If you are required to turn in 10 or 50 old dollars for one new Amero, will you be badly hurt? You don’t need to be – all you need to do is turn in your old dollars now for gold and silver coins at today’s rate of exchange, not a new exchange rate imposed by your new government. You don’t think they’d do that? Apparently you haven’t been doing much reading lately AND don’t remember that FDR did just that back in 1934, just a few days after he was inaugurated. He took your parents gold coins at $20.67/ounce and after all those honest people turned in their gold coins, he raised the price to $35/oz. That’s an increase in the gold price of 69% -- which your honest parents didn’t get! I doubt that the new president will do any differently. In fact, the world price will be much higher than the US official price of $42.22/oz that has been in effect for a few decades. The free market price is 20 times that already, and will be much higher than that in the very near future. When I last wrote you in November, gold was $755. Those who bought gold (and silver) coins then at my suggestion have done rather well already, as gold has been as high as $881 since November, even though it’s presently having another short term dip, giving you another good buying opportunity – thus this letter. But, before I get into how well gold holders are really doing, I need to point out a few things, such as -- Merrill Lynch says rich turning to gold bars for safety Merrill Lynch has revealed that some of its richest clients are so alarmed by the state of the financial system and signs of political instability around the world that they are now insisting on the purchase of gold bars (which, unfortunately for them, are fully subject to confiscation), shunning derivatives or "paper" proxies. Gary Dugan, the chief investment officer for the US bank, said there has been a remarkable change in sentiment. "People are genuinely worried about what the world is going to look like in 2009. It is amazing how many clients want physical gold, not ETFs," he said, referring to exchange trade funds listed in London, New York, and other bourses. "They are so worried they want a portable asset in their house. Merrill predicted that gold would soon blast through its all time-high of $1,030 an ounce, and would hit $1,150 by June. The metal should do well whatever happens. If deflation sets in and rocks the economic system it will serve as a safe-haven, but if massive monetary stimulus gains traction and sets off inflation once again it will also come into its own as a store of value. "It’s win-win either way," said Mr Dugan If gold is good enough for Merrill Lynch investors, isn’t it good enough for you? Don’t you think it might be a good idea for you to get into this “win-win” situation by getting some gold coins? If you haven’t been in gold since the beginning of the present bull market in gold that began in 2000, here’s what you’ve missed. This is what James Turk published as quoted in the “Charleston Voice” on 1/2/09: GOLD CLIMBS AGAIN – EIGHT YEARS IN A ROW “The numbers for 2008 are in. Gold (bullion) has done it again. Gold is up for the eighth year in a row against the US dollar. Here are the numbers in each year – 2001 2.5% The appreciation gold bullion has achieved over the past eight years is remarkable. Without any doubt, gold’s 16.3% average annual change against the US dollar has made it one of the world’s best performing asset classes this decade, but oddly, gold continues to be ignored by many. I expect this inattention to change in the year ahead.” Jim Turk may think that 16% per year is remarkable, but here’s what I believe is going to happen in 2009 – My 2009 prediction -- Gold will double in price in 2009! Will you benefit from such a rise? How have your savings been doing? Isn’t it about time you got some gold? And, if you do, please be sure to get the right kind of gold – namely, that kind that isn’t subject to confiscation. It’s my expectation that shortly after the Amero is foisted upon you, there will be another (the fifth in US history) gold confiscation, but this time it won’t be just US gold that will be called in. Since the three countries will have been merged, I fully expect that both Canadian and Mexican gold coins will also be illegal for you to own. I’ve not mentioned this before (nor is it on my website article on confiscation), but this is what I expect will be the case. So, what kind of gold do you need to get? Well, if this next confiscation is like the 1934 one, “collector” coins will be exempt. Of course that includes certified coins with a grade of at least MS63, on the grading scale of from 0 to MS70. If you’re not familiar with this grading scale, don’t worry because I am and will guide you into the proper coins for your purpose. Also, I find it inconceivable tha foreign coins (other than Canadian or Mexican – after the merger of the three countries) can be confiscated by the US government. Therefore, I go out of my way to find those coins for my clients. Also, I specialize in small foreign coins for easy use in bartering. You may think that you won’t be able to use them for barter because no one will know their value. Trust me, they will learn! And, assuming that the mail delivery is still functioning, you can always sell them back to me. Delivery time on all gold coins is between two and three weeks. Incidentally, I know that a lot of you who are reading this newsletter got on my mailing list thru a radio program in the mid-west. It just came to my attention last week that another coin company is advertizing on that program. For your information, I was with that company for 8 years and know their markup on certified coins is double what mine is. If you’d care to check this out, call them, get their price on an MS64 St. Gaudens gold coin, then call me to see the difference. Their price today would be $1,975 (unless they’re having a “special” on them at this time) while my everyday price is $1,690. Same coin, same certification companies (PCGS or NGC), just a big overhead expense at that company – and I don’t have to pay a commission to any salesmen. Incidentally, while gold bullion was rising 5.8% last year, these coins appreciated 22%.
Now just a word about silver coins. In the first place, our government has never confiscated them and I seriously doubt that they ever will. Also, the premium on silver coins is quite a bit lower than on gold coins. However, there are two problems with silver coins: 1. availability and 2. weight. At this time I have silver Canadian Maple Leafs and American Eagles available, but no “junker” bags of 90% silver dimes, quarters or halves. They do become available from week to week, but I never know when, so I keep on asking when I have an order. When I do “lock in” an order with you, your silver coins will be shipped within one week. Both gold and silver coins are becoming hard to get from my normal wholesale contacts, and they are the largest in the business! All I can suggest to you is that you order some while they are still available, because the day is coming when they won’t be available at any price! Why don’t you call me now, on my toll-free number: 1866-465-3496. The day is coming when you’ll be very glad you did!! In closing, I‘ll repeat the final paragraph of last November’s letter: In just 63 years (since WWII ended in 1945) we have gone from the strongest military power the world has ever produced, the most wealthy country the world has ever seen, the strongest industrial force to ever hit the scene and a country with a strong moral fiber, to a much smaller military power, the largest debtor nation in all of history, where much of our former industrial power has been outsourced, and one in which the vast majority are looking for a hand-out and have few if any moral values. If I read my Bible correctly, this is just what has been predicted for at least 2,000 years, and I welcome it because it means that our Lord’s return is very near (2 Timothy 3:1 “But realize this, that in the last days difficult times will come...”). I may trust in gold and silver for my financial welfare, but I rely on Him for my eventual deliverance from this vale of tears – and I truly hope you do too. Remember, the darker it gets, the brighter we will shine. And, you Christian, are “…to live sensibly, righteously and godly in the present age, looking for the blessed hope, even the appearing of the glory of our great God and Savior, Christ Jesus.” Titus 2:12b, 13 Whether you ever invest in coins with me or not, I truly wish you the very best as we go through the difficult times just ahead. God bless you and yours. Cordially, Jack Weber This newsletter is not copyrighted.
Feel free to give copies to anyone about whose financial future you are concerned.
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