Capital Gold Group

Larry Marino: It’s time for the Gold Show. Jonathan Rose CEO, president of the Capital Gold Group and precious metals strategist is with us today.

Jonathan Rose: Well it’s always a pleasure to be here. We’ve got some dynamic happenings right now in the market place, a lot of relevant news. It’s all relevant to gold, especially with Barack Obama, Senator Obama winning the presidential election. What does this mean for gold? What does this mean for the economy? In today’s show we’ll be talking about the facts at hand that people want to hear, especially when it comes to their retirement dollars and how you can protect those retirement dollars with solid gold in your portfolio.

Larry Marino: And Jonathan throughout the broadcast we’re going to share a special toll free number that is going to allow the listeners to get important information that really gives the background of gold and really lets you understand precious metals. Jonathan, can we give that gold guide out right now?

Jonathan Rose: Absolutely the telephone number is 1-800-510-9594. Again that’s 1-800-510-9594. When they call they’ll be greeted by a friendly gold specialist. They’ll send you out this free gold guide; it’s normally an $80 value. It’s absolutely free for our listeners when they call in today at 1-800-510-9594.

Larry Marino: Jonathan as you mentioned earlier in the show, there is a lot of change on the way. The election has been decided. It’s now president elect Barack Obama. In January he will take power. And we’re going to have to see what happens, what typically happens when you have all these things come together. You’ve got a soft economy, a market that continues to slip a little bit lower each day. And yet you’ve got this major change ahead. People are probably wondering, where do they go to get into a flight for safety? To get into a place that they can protect their assets. What are we knowing right now?

Jonathan Rose: Well we always know that when there is a flight to safety and security, people tend to flock towards gold. And that’s because of its nature of it being a very stable investment. Not only is it tangible, you get to hold on to it. Its real wealth you can literally touch but people have a lot of comfort in holding this yellow metal. It’s continually going up in value as people are noticing that the dollar is shrinking. The stock market is very volatile and people realize that gold is independent of all market cycles. So as the more turbulent times that we’re witnessing here on Wall Street continue to happen, people are flocking for that safety, for that security, that hedge against protection and it’s all shifting against precious metals, particularly gold that people are holding on to. And so much so, that right now the US mints and even in Europe, they suspended hordes of gold coins. There’s back orders happening right now and people are waiting for gold. At the Capital Gold Group, we’re not back-ordered. We have a very large inventory of our client’s worldwide and we are still able to deliver gold and other bullion products to our client’s doorsteps, in a very timely fashion with no back order, right now.

Larry Marino: Well here’s the number so they can get started. If you would like to get the gold today, get the gold guide. We encourage you to get the background information and learn what you need to get started. Where can they call?

Jonathan Rose: They can just call us at 1-800-510-9594. You’ll get the gold guide, and it will show you how to invest in gold coins and gold bars. You know, which types of gold will give you a better return in the future. And don’t forget if you have an IRA, just like it was featured in the Wall Street Journal, you can now roll that over into an IRA backed by solid gold and we’re able to help our clients do this right here at the Capital Gold Group. They can just call us today at 800-510-9594. They’ll get the free gold guide. Again folks that number is 800-510-9594.

Larry Marino: Well it’s certain we have uncertainty right now in the markets. We don’t where things are going to go. We hear the labor numbers, they keep announcing more lay offs around the country. And Jonathan, when the layoffs happen, that’s not good for business and that’s not good for the economy. Explain.

Jonathan Rose: Well absolutely, I mean we are in a very turbulent time right now- a downturned market. We do have a lot of problems on our plate, right in front of us. That’s why President Elect Obama, if you listen closely between the lines - when he gave his speech, he was saying the public, it’s going to get worse before it gets better. And I actually agree with him on that. It has to get worse before it gets better because there still so much looming over the credit crisis, further bank collapses. And it’s a prudent man who foresees danger and really prepares for that danger. And my goodness, there’s a lot of instability out there and that’s why we continue to flock towards gold. If you have a financial advisor and he’s not recommending gold to you, ask him or her why. Because a good financial planner will recommend anywhere from between 5 to 20 percent of your portfolio to be diversified, moved sideways into precious metals that you get to hold on to.

Larry Marino: Jonathan Rose is with us from the Capital Gold Group. We’re going to share the number again in just a moment and we encourage everyone listening today to call and get the gold guide. Get started. Get the information you need. A lot of change ahead in the United States. What a rocky period we’re in. Some say this is as close to as we’ve come to a depression in most of our lives. It really does seem scary out there when you look at the numbers going up; the company layoffs that are taking place. People uncertain about where to go. The businesses that have gone through such turmoil. Big established businesses that have been around a hundred years suddenly either closing their doors or needing a sudden cash infusion from the government. Jonathan this is all forecasting troubling times and people need to wake up if they haven’t already, right?

Jonathan Rose: No, this is a big wake up call. I see it everyday. Especially in my company when we’re hiring some new staff, the amount of resumes that we’re getting is just incredible. Even from employees from companies that have been bought out, even companies like Merrill Lynch. There’s a lot of instability out there. And we’re all seeing the world change and I think it’s something great that we’re headed towards but again it will get a little bit worse before it gets better. The problems aren’t just in the US economy, they’re also in the European economy too. In fact, just today the European banks cut rates sharply and an English bank cut rates by 1.5%. I mean it’s the biggest reduction in more than a decade. The reason they had to reduce rates over there is the same reason they do it over here- to spur that spending back into the economy. And things are very rough and very choppy over there. People are realizing you have to be able to put your money somewhere. Where can you put it? Well if you put it in the banks, is it safe? Well relatively, but you’ve also got the looming bank failures over your head. So how safe is it? Plus the fact, you’re putting that money in the bank, you’re still holding dollars, and the dollars are shrinking. In fact if we look at the US dollar from a 52-week change, it’s actually shrunk by 8.3% against a basket of other currencies.

Larry Marino: Wow! Wow! That means that the simple buying power, if you stay in dollars, it’s slipped so much that you’re going to have to shell out many more of them to buy the same thing you would have before. Right?

Jonathan Rose: Absolutely and people don’t realize it. If you just sit down for a minute - I always explain this little analogy - imagine we’re back in the year 1920 and you take a $20 gold piece and a $20.00 bill. Well back in that year they were both worth the same, and they would both buy a man a brand new suit. Now today, that same $20 gold piece is a one ounce gold coin and is worth over $800 because that’s the price of gold today. Guess what? It would still buy a very nice suit for a man. Now that $20.00 it wouldn’t even buy you a tie for that suit! People can really see that the value of the dollar has diminished. It hasn’t happened overnight, this has been going on for decades. As inflation creeps in and as the stock market continues to be volatile and the dollar continues to fall, you don’t want to have all of your investments in paper. That does not make sense. It’s a prudent man that foresees danger and prepares. And there’s a lot of danger out there. Don’t leave yourself in a position of exposure by having those dollars all in paper when really the smart choice is to diversify some of those shrinking assets and shrinking dollars and put it into safe tangible gold.

Larry Marino: Right, we can tell you about all these news stories and we have many more to share on the program that should get you focused. But you the listener, have to take command, have to take control of what you’re portfolio is invested in right now and make some important decisions. Are you going to sit there and let that portfolio drop in value, slip away- slip away its buying power or are you going to do something? Are you going to take steps to rearrange the portfolio to put it in a safer position? Jonathan Rose wants to share the number with you right now to call and get the information from the gold guide. If you’re ready to make gold purchases, there are actually gold specialists standing by but you have to pick up the phone. No one is going to do it for you. No one is going to call you. It’s your wealth, your money, your hard earned dollars that are sitting there slipping away. Jonathan, what’s the number for them to call right now?

Jonathan Rose: That number folks is 1-800-510-9594. Again, it’s 800-510-9594. When you call in you’ll be greeted by friendly gold specialists. They’ll be more than happy to send you out the free gold guide. It’ll show you how to purchase gold at the lowest possible prices. Which gold coins and bars will give you a better return in the future.  And again as it was featured in the Wall Street Journal, if you have an IRA or a 401k, you can now roll that over into an IRA backed by solid gold. It’s still an IRA, you still get your statements, except you have physical gold in your retirement rather than dollars that are shrinking. So again folks, that number for the free gold guide is 1-800-510-9594. 800-510-9594. They can also see us online at www.safeasgold.com.

Larry Marino: We are talking with you each week. With Jonathan Rose from the Capital Gold Group and each week Jonathan brings us some of the headlines in the news that really show us where the economy is going. I’m just going to share one here and then you can do one. California’s governor is proposing that state workers be required to take one day off without pay each month for the next 17 months. Nobody does that unless we are in dire times, right Jonathan?

Jonathan Rose: Well it’s wild and wacky times that we’re in. Right now nothing is really surprising me and as we’re kind of changing on a day to day basis, it’s so important that people try and keep the best of the information that’s out there. And I know it’s kind of hard to do. That’s why we put together this gold guide because it just doesn’t talk about gold; it talks about the relevant stories Larry that you and I talk about on these radio shows so people could be educated. They can realize what’s happening in the markets and they can make educated decisions based on great knowledge and facts that they have right in front of them.

Larry Marino: Well Jonathan if I have some dollars set aside right now that I can put somewhere, let’s look at the options. You could look at real estate and you can say, well maybe there’s some great opportunities but I get the sense that a lot of people are saying hey this real estate company hasn’t bought them out yet. I don’t want to ride this thing down for two or three years and have to pay to property taxes on the property and worry about getting a renter in there. Right?

Jonathan Rose: Absolutely, that’s what they call a dead asset. And you’re right, the property market hasn’t hit the bottom and if you’re prepared to ride it out, tie up your money, pay property tax, pay maintenance, the painstaking process of having to get tenants in there or maybe removing tenants. There’s a lot of variables that really add up, and you’ve got to say to yourself, “Is there any way better I can park my money?”

Larry Marino: And then there’s always the one half two percent CD where you think you’re safe. Well they’ve raised that insurance level to two fifty. But the problem Jonathan is the rate of return is so low. You mentioned earlier, this terrible thing that’s eating away at the value of our dollar- that in the end after you’ve saved it all that time, you’ve eaten up everything you’ve saved! Right?

Jonathan Rose: Absolutely, those rates try to get you in for 6 months, maybe you’re making 8 percent, then after that they drop you down to a percent and a half. There really is not many good paper, commercial or retail vehicles you could put your money into right now that are going to give you the type of return that you want. The types of return that you want are double-digit returns.

Larry Marino: So if you can’t get it in real estate and you’re not going to get it in the bank, where else is there?

Jonathan Rose: Well as Warren Buffet clearly stated, “Gold is the Answer” and that’s why he’s purchased the two largest gold manufacturing companies, because he’s clearly stated that the days of double-digit returns in the market are over.  They’re just not there right now. People are scared, they’d rather be holding on to what they’ve got. But if you’re holding on to what you’ve got and you’re restructuring your portfolio in that sense, that’s why it’s crucial to hold on to gold cause your obviously holding on to your money with the waiting attitude - you’re nervous, you’re trying to see what’s going to explode next. Well if that’s what’s swirling on in your mind, that’s why you want to own gold and silver because that’s where the protection, the hedge against the markets, the protection against inflation. You’ll never be sorry owning a little bit of gold. Whether you’re a first time investor looking to purchase a gold coin, whether you’re into rare gold coins, whether you’re looking to preserve what you have, now’s the time to do it.

Larry Marino: And we’re going to share that number to get started. Unlike some paper currencies that literally have gone to nothing, gold has never gone to nothing. Has it?

Jonathan Rose: Well not only has it not gone to anything, it has a better track record than a mutual fund. A two thousand year track record. There’s reasons why the royal familes and the heads of state have been using gold for centuries. It’s no secret anymore. And probably before 9-11, gold was really seen as a backseat investment maybe as an alternative investment even. But not today.  It’s a crucial part of everyone’s portfolio. The biggest mistake investors can make in 2008 and 2009 is simply by not investing in precious metals.

Larry Marino: Well Jonathan, I encourage everyone listening to get the gold guide and learn about it. And if you’d like to get started, call the Capital Gold Group today. Talk to the experts who can set you up and get you set and build a portfolio for you. There are so many people who have listened to the gold show, who have gotten started, who are so happy that they made that decision. Jonathan is it too late or it is actually a good time to get started?

Jonathan Rose: Well I think it’s an excellent time to get started. I’m not just saying that because I’m an advocate of gold. If we look at gold’s highest this year, we’ve seen it peek over a $1000 an ounce and we’ve seen it pull back a bit to the mid-seven hundred marker. Well there’s still a lot of room to top and the same people who were setting gold bullion back on the market at a $1000 an ounce, these are the same people that are buying back in at $700 an ounce right now. So there’s a lot of room in the gold market. If we were to adjust to the price of inflation, gold should already be trading over $2000 an ounce. My prediction is gold to be at $3000 to $4000 an ounce in the next three to four years and definitely finish strong, a strong rally by the end of this year. A lot of prominent fund managers are still saying $1000 to $1200 an ounce by the end of this year. And anything underneath that is just a great buying opportunity for investors.

Larry Marino: Well we encourage everyone to get the gold guide right now. Take a moment, pick up the phone and call the number that Jonathan is going to give you. It is an opportunity for you to get an $80 gold guide absolutely free sent out to you. Or if you’d like to get started you can even begin putting together a portfolio right now. Can’t they?

Jonathan Rose: Absolutely, it’s as simple as picking up the phone and calling us at 1-800-510-9594. Again, that’s toll free 800-510-9594. Get your $80 gold guide, it’s a great education. It has a great DVD in there as well so you can actually see the different types of products of gold being held in people’s hand. And if you have an IRA or a 401k, and you want to be able to protect those dollars right now, just like it was featured in the Wall Street Journal- this is a great time to do it. And again they can get started just by picking up the phone and calling us at 800-510-9594. And they can also go online at www.safeasgold.com

Larry Marino: We’re talking with Jonathan Rose from the Capital Gold Group. And Jonathan is there still time before the holidays for our listeners to maybe make a purchase of a coin or two to give to their kids, grandkids or their spouse. Is this a real gift giving idea that might have some lasting value?

Jonathan Rose: Well I’m a big believer in giving gold and silver coins as presents over the holidays because it something that’s not just going to keep it’s value, it’s something that somebody is going to treasure and hold on to for hopefully the next year and years to come. They continue to hold and preserve their value, plus their beautiful pieces to hold on to. So if you’re looking at the holiday seasons and you’re scratching your head for gifts, look at a coin. Whether it’s a 10th of an ounce, a gold coin in a little blue velvet box - they’re very pretty and only cost under $200 for a coin like that right now. I mean they really do make a great gift, you treasure them, they continue to soar in value and it’s something someone will actually appreciate when you give it to them.

Larry Marino: Literally everyone should have at least a gold coin. On this program today, as we get close to the holidays, why not give yourself a gold coin? Right?

Jonathan Rose: Absolutely! And if you’re looking at gold, some recommendations out there today, I also make recommendation on the program for people - American Eagles, Canadian Maple Leafs are very popular right now. But what are very popular right now are people calling in and wanting the older gold - gold coins minted prior to 1933, simply because they are non-confiscatable, non-reportable and really the last private form  of an investment left in America today where literally, big brother isn’t watching you. They’re great types of gold coins to hold on to.  Not only do they have the value of gold, they have that slight intrinsic value to them as well. So, a lot of the smart money is going into the private gold. Again, if you want to know more about private gold, just some recommendations on the market on the day-to-day basis, just give us a call here. We’re here to help you. The phone number  folks is toll free, 800-510-9594. When you call in, don’t forget to ask for your free gold guide because it’s normally an $80 value and it’s free for all the listeners that call in today.

Larry Marino: Well Jonathan if you’re looking out at the markets right now and seeing Wall Street continue to drop and swing wildly and mutual funds that don’t have the value they once had and you want to take a step today - at least get yourself the gold guide. Get it in your hand. We encourage you to pick up that phone, get the knowledge you need. Look folks, things are going to change over the next year, year and a half or two years.  Where are you going to be in all this? Are you going to sit on the sidelines and watch your paper dollars slip away that the value will continue to erode? Inflation is a terrible thing yet it has been with us for so many years. People become blind to it and it’s robbing them of the fundamental buying power of the dollars they have. Are you going to sit there and let your money slip away? Or are you going to take command and be good stewards of the resources you’ve been given? We urge you to pick up the phone today and at least get the gold guide. Read about it. Find out about it. Jonathan, the number that they can call.

Jonathan Rose: Absolutely, toll free 800-510-9594. Again that’s 800-510-9594 for your copy of the insiders guide to owning precious metals. If you have an IRA and are looking to protect it, now’s the time to do it - just like it was featured in the Wall Street Journal. And again for that free gold guide, the number is 1-800-510-9594.

Larry Marino: If nothing else but for inflations sake, call and get the gold guide. A relative of mine, whose a bit older, told me about a meal she had at a fine restaurant - you know the kind with the table cloth and the multiple courses and the silverware and even dessert - back in the 40’s. Do you know how much that cost? A dollar.  The whole meal - one dollar.  And she was even able to get the tip in with that too.

Jonathan Rose: Wow!

Larry Marino: Amazing. That is what has happened to our buying power. A dollar won’t even buy some candy bars today.

Jonathan Rose: No. And I even remember as a kid myself in England. You’d have one pound and I remember going to school and stopping in the sweet shop- the news agent we’d call it over there - and I’d get whatever I’d want and I’d have change still from one pound. But today, you can’t even buy yourself a coffee for equivalence of a pound. Inflation is a serious thing.

Larry Marino: And people save their pennies. You know when you go shopping and get change back, sometimes you leave it in the little change tray.

Jonathan Rose: Yea.

Larry Marino: If you found a penny on the ground, you had something there of value that could be turned in and used.  This inflation is just ripping away at the very buying power of Americans right now.  If you don’t take action, you’re going to be on the loosing end of all this. That’s the tough thing to tell you.  We have just a few minutes remaining and I want to invite and encourage everyone listening, if you haven’t gotten the gold guide, you’ve heard Jonathan talk about it, get it today.  We have a new president elect in the United States and things will be changing but not that fast.  Even he has warned that it will take some time.  So you have to protect yourself and get your money in the right place. The right allocation.  Call right now and get the gold guide. Jonathan, the number that they can call.

Jonathan Rose: They can call us at 800-510-9594.  That’s 1-800-510-9594. When was the last time you gave yourself maybe a portfolio update?  Take those cobwebs out of the old investment portfolio.  Look where your money is parked.  I have a very interesting article in front me.  It’s from the Wall Street Journal and it’s really a breakdown of all the mutual funds on the market right now, year to date return.  I’m looking at the maybe the top fifty sixty mutual funds in the market, and not one year to date, not one of them have had a positive gain.  In fact I’m looking at some of them, some of the big names out there, Fidelity, American Funds, and they’re all down forty fifty percent this year. Not one of them is showing a positive gain.

Larry Marino: And a lot of people have just received or are getting those statements that come in the mail every quarter. We are now in the last quarter, and they are seeing part of the picture. But part of it has gone down since the new quarter so you’re not even seeing the whole drop yet.

Folks, don’t let time slip by. Don’t let the money you have erode. Take a bit of time and invest it in yourself to get the knowledge and find out what a lot of people are doing today. They’re investing in gold and precious metals through the Capital Gold Group. But to get started, pick up the phone and get the gold guide. If you’re ready to buy today, specialists are standing by with suggestions. And don’t forget the holidays, get yourself at least one gold coin, today for yourself, your family, your grandkids. What a way to preserve wealth.  Jonathan let’s share that number, we have our final minute here and we need those phones to ring.

Jonathan Rose: Ok folks that number, and if you have a pen and paper handy, write it down too, it’s 1-800-510-9594 for your $80 gold guide. It will tell you how to invest in precious metals, which gold coins and bars will give you a better return in the future. And again, if you have an IRA and you want to protect it, now’s the time to do it. That number folks, 1-800-510-9594. Again 1-800-510-9594. www.safeasgold.com

Larry Marino: Jonathan Rose, thanks so much. Jonathan Rose is CEO and President of the Capital Gold Group and precious metals investment strategist. Thank you, Jonathan.

Jonathan Rose: Thank you.