Did You Lose Your Retirement? -Check Out This To Recover It

I been schmoozing with the "Ultra Rich" for some time working with 1800InsuranceToday.com. It's upsetting to hear about more and more people losing their retirement funds. Simply because the dollar is being deflated each time we take more money out to pay out the U.S. debt. The more deflation occurs. I talk about this alot with our members, but I wanted to share a good find...

Why Gold Is On The Up

Gold is on a roll. The yellow metal has given a whopping return of 47.7% over the past two years in dollar terms. It currently quotes at a price of around $1,350 per ounce (1 troy ounce = 31.1 grams). However, in rupee terms the gains have been a little lesser at around 40.7% during the same period. The price of gold in India is currently around Rs 19,950 per 10 grams.

So why are the returns different in rupee terms? Like most other commodities, gold is priced in US dollars in the international market. And the US dollar has been losing value against other currencies, including the Indian rupee. The rupee has appreciated by around 6.2% over the past two years, and currently quotes at around Rs 45.6 against Rs 48.6 two years ago. This has limited the returns in rupee terms. Let us understand this phenomenon through a simple example. Let us say at a certain point of time gold is at $1,000 per ounce. A year later, it is at $1,200. The return in dollar terms is 20%.

Now, let us say one dollar was worth Rs 50 initially. So, at that point of time in rupee terms, one ounce of gold was worth Rs 50,000 (Rs 1,000 x Rs 50). A year later, one dollar is worth Rs 48. At that point of time, one ounce of gold will be worth Rs 57,600 (1,200 x Rs 48). This would mean a gain of Rs 7,600 (Rs 57,600– Rs 50,000) or a gain of 15.2% (Rs 7,600 expressed as a percentage of Rs 50,000). So even though return in dollar terms is at 20%, the return in rupee terms is rather limited at 15.2%. Of course, an appreciating rupee will limit gold returns, but that does not mean that gold is not a good investment bet.

If you see your retirement tanking... take a serious look into gold. Also, I would recommend checking out my Facebook page. I put together some assets and secrets I learned from the "Ultra Rich" to get your retirement money back.

Read the Source Here at Economic Times

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