The Euro is about to die. The Yen has collapsed and the U.S. Dollar is a terminal patient on life support, although it has rallied recently. But soon, all national currencies will fail. There is just too much debt in the world with no one to buy it. In other words, the entire WORLD is BANKRUPT!

When that realization becomes mainstream, people will look to preserve whatever wealth they have by buying gold. Gold has been a store of wealth for 5,000 years and will continue to be so.

There are many ways to invest in gold:

1. Buy1 oz.  gold coins and store them in a bank deposit box or in a safe at home. Buy only Canadian Maples, U.S. Eagles or South African Kuggerands. Stay away from the “collector” coins since you will pay for something else besides gold – some person’s estimation of a collectible value. I store gold maples in my bank’s safety deposit box.
2. Buy gold through Bullion Vault and have them store it for you in a safe vault in one of three locations: New York, London or Zurich. Your physical gold is audited every quarter and is insured by Lloyd’s of London. You wire them Dollars, Euros or Pounds and they buy the gold for you and store it. I hold gold in Zurich through Bullion Vault and highly recommend them as a safe, easy way to own gold.
3. Buy shares of gold mining companies. This is the most risky way to play the rising price of gold but also offers the greatest opportunity for profit. The biggest gold miners in the world are Newmont Mining (NEM), Barrick Gold (ABX) and Goldcorp (GG). I own ABX and GG. Smaller miners that I recommend include Eldorado Gold (EGO), Hecla Mining (HL) and IAMGold (IAG) which I also own.