Gold Investment Up 489 Percent Since 2004

Investors see gold as a hedge against war and from the potential destruction of wealth from an international collapse of the dollar and a subsequent economic breakdown.

Santa Monica, CA (PRWeb) May 1, 2007 -- With the National Debt at $8.5 trillion and rising, gold has an upside potential that has not been seen since the 1980s.

"Now is the time to invest in gold," said Kevin DeMeritt a top gold investment advisor of Lear Financial, the parent company of Gold Central (http://www.goldcentral.com/), one of the top gold coin companies in the U.S.

Gold has outperformed the S&P 500 for the past five years in a row. When an investor buys gold it lowers the risk in their investment portfolio. In addition, the performance of CDs and savings accounts can't match the gains that gold has made.

With gold prices holding steady investors believe now is the time to buy because gold is predicted by experts to still have the explosive upside potential of reaching up to $2000 per ounce.

"$50,000 in the bank today transferred into gold coins (http://goldcentral.com/gold-coin-content/storefront/_storetype/Coins.html) at today's prices would be worth about a quarter of a million dollars in ten years," added DeMeritt.

Investors know when they convert money to gold all they are really doing is transferring its value from a declining paper currency to a precious metal that is rising in both market value and numismatic value.

There are essentially two broad categories of gold investors: those who want to hedge disaster and those who simply want to make a profit.

"I consider investing in American Eagle gold coins (http://www.goldcentral.com/buygoldatcost/) to be the best opportunity right now," said DeMeritt. "While gold stocks are up nearly 500 percent, investment grade gold coins (those that carry a grading of Mint State (MS) 63 or higher from the grading agencies PCGS or NGC) are still gaining in value."

To own gold directly, investors can buy common gold coins or small bars of gold. Common gold coins are known as 'bullion' coins. The most popular of these gold coins now is the American Eagle gold coins and they cost just a few dollars more than the current price of gold.

To learn more about investing in gold coins and gold bullion through Gold Central call 310-656-3272 or visit www.goldcentral.com.

About Gold Central

Gold Central, a division of the precious metals asset firm Lear Financial, Inc. (http://goldcentral.com/), is dedicated to providing Web investors with all the pertinent information and tools needed to securely purchase, sell and trade gold online. GoldCentral.com offers a diverse suite of intelligent investment resources including real-time pricing, regular e-mail alerts, newsletters, and a live staff available to answer real-world questions. Gold Central not only enables investors to stay current on the latest developments in the gold market, but also gives investors the flexibility to move gold as expeditiously as conventional paper investments.

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