February 2012, Week 3 Edition (published by Texas Coin Company Universal Coin - an award winning national gold & silver dealer helping customers buy gold since 1994)
What's the Next "Game Changer" for the Gold and Coin Market?
Over the long-term, the familiar fundamentals will lift the price of gold in terms of the dollar. There is a flat or slow-growing supply of new gold, vs. massive new demand, pushing the price relentlessly up. But from time to time there are major events, trigger points, amounting to game-changers in the gold market.
Future Game Changers - and their Potential Triggers
Trigger #1: Israel attacks Iran
Game-changing response: Iran fights back with an oil blockade
Israel's Defense Minister Ehud Barak has already talked openly about the necessity of striking Iran before Iran buries its nuclear facilities underground, beneath layers of concrete. U.S. Defense Secretary Leon Panetta said that these strikes could come as early as this spring. While not totally unexpected, such an attack could trigger a game-changing event like 1973, another oil embargo - this time initiated by Iran.
Last week's issue of Barron's (February 13) interviewed George Friedman, head of the widely-respected national security research service, Stratfor. In that interview, he said that the chances of an Israeli strike on Iran's nuclear facilities this year are "one-in-four." If it happens, he says, Iran would likely close all sea traffic in the Persian Gulf at its exit point, the Strait of Hormuz. About 20% of all global oil passes through those Straits. Friedman says, "Oil at $300 a barrel would be a heavy price to pay" for delaying (not stopping) Iran's nuclear ambitions. To Friedman, a far more important drama is boiling over in Syria. If the Assad regime survives, he says, Iran could launch conventional rockets far closer to Israel. (Note: In my opinion, there is a 25% or higher chance that gold, oil, gasoline and many rare gold coins will rise in price by 50% or more in a year for many of the same reasons we saw in the 1970s.)
NGC President Visits Universal Coin & Bullion
(Beaumont, Texas) -- Rick Montgomery, President of Numismatic Guaranty Corporation, visited the offices of Universal Coin & Bullion (www.UniversalCoin.com) in Beaumont, Texas on October 6, 2011 to meet with the company's sales staff and discuss the importance of third-party authentication and grading for consumer confidence and assets liquidity in the numismatic marketplace.Michael Fuljenz Interviewed by FOX Business Network, Honored at World's Fair of Money
(Rosemont, Illinois) - As gold prices soared, national news media obtained expert commentary and advice for investors from Michael Fuljenz, President of Universal Coin & Bullion of Beaumont, Texas, (www.universalcoin.com) during the Chicago World's Fair of Money(SM), August 16 - 20, 2011.Mike Fuljenz Awarded Again For Consumer Protection Investigations
Michael Fuljenz, president of Universal Coin & Bullion in Beaumont, Texas, has been honored with excellence-in-journalism awards from the Press Club of Southeast Texas in connection with his consumer protection work about traveling gold buyers. He has been assisting with news media investigations of gold-buying companies...Mike Fuljenz Interviewed by NewsMax For MoneyNews.com
Metals Expert Fuljenz: Gold To Surge Up To 30%Gold will be a solid investment, climbing an average of 10 percent to 30 percent over the next couple of years regardless of whether the Federal Reserve halts injecting liquidity into the financial system, says Michael Fuljenz, president of Universal Coin & Bullion in Beaumont, Texas.
