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Published:
March 11, 2009
In June
2002, I showed my subscribers a
little-known way to buy gold for
$250 an ounce... That was $70 off
the market price at that time. (Boy,
I wish we could buy like that
again!) We made about 80% in two
years.
For my
next gold trade, in June 2003, I
recommended readers buy gold coins.
But I didn't want to buy bullion
coins like Krugerrands. I wanted to
buy something with a little
rarity... That way, you have two
ways to make money: if gold goes up
and if the "premium"over melt value
goes up.
I
recommended 100-year-old Saint
Gaudens coins. They contain roughly
an ounce of gold. You can buy them
graded, authenticated, and
encapsulated in plastic. My readers
bought coins graded "MS63"- that's
rare but not ultra-rare for $490
per coin. Today, they're selling for
$1,765. That's a 260% gain.
Then, in
July 2005, I told readers about
three gold stocks. One of those
three stocks was Seabridge Gold.
Shares of Seabridge are up over 500%
since I first recommended them. We
sold half for more than 1,000% and
we're holding the rest.
Now, in
2009, gold is catching on. What's
the right way to play it? Let's size
it up the same way we did for the
three trades above...
What's
the lowest-risk, highest-reward way
to play gold now?
This is
exactly the moment that you can make
a fortune by buying coins even rarer
than the Saint Gaudens I recommended
in 2003... that means coins grade
MS64, MS65, or better. These
ultra-rare coins can go up fivefold,
sevenfold, even 12-fold in a gold
bull market.
Honestly, back in 2003, I was a
little embarrassed to bring up the
idea of gold coins to my
subscribers... Back then, gold was
thought of as loony, not to mention
gold coins. My readers probably
thought I lost my mind. Thankfully,
we got it exactly right. Both the
price of gold and the rarity premium
rose.
But
since bottoming in 2001, the
ultra-rare coins are only up about
100%, according to PCGS (the
Professional Coin Grading Service).
In other words, ultra-rare gold
coins have risen less than the price
of gold... so far.
I expect
that will change very soon... The
chart shows how crazy prices can get
during gold bull markets.
I
recommend you start looking into
rarer gold coins if you want to have
the potential to make huge returns
with limited downside risk. As you
can see from the chart, your upside
potential is ridiculously high. But
even if the price of gold falls,
people won't sell 'em, so your
downside is low.
Remember, gold has increased in
value faster than these coins. So
their "premium"to the price of gold
has actually shrunk. Now, higher-end
gold coins are at their lowest
premium to their meltdown values in
the recorded history of the grading
services (which go back to 1986).
If
you're looking to own gold, you have
a lot of choices... gold bullion,
gold ETFs, gold stocks...
But when
I size up the upside potential
versus the downside risk, I want to
own the ultra-rare gold coins.
Good
investing,
--Steve Sjuggerud
Editor
True Wealth
P.S. I've prepared a report
on how to go about investing in gold for the biggest, safest gains.
In it, I show you what to expect, who to call, and when to buy to
maximize your gains. As you'll see, we've got hundreds of percent
upside from here. For more details,
read on...
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