The word on Wall Street…Gold should be used as ‘Wealth Protection’ especially when it hit 1300 on September 22,2010; we are now on the official “New Gold High”. Of course it is a safe investment, tangible and globally secure.

There are two thoughts has to why gold has been on the rise and catching the attention of hedge funds and investors alike. negative interest rates and gold not being valued as fiat currency. The faster currency is produced (fiat money) the deeper deflation will move in.

Analysts are suggesting a state of deflation will cause double dipping in the recession in months to come. Gold will be needed to provide protection from the apparent growth in deflation. Deflation will flatten everything in sight including base metals, commodities, housing, and job creation. The component of preserving wealth will be gold. Unlike junk fiat currencies, gold cannot be devalued. As a source of wealth protection purchasing gold bars is a strategic move on the investors side.

Be aware of your gold seller, luxury long island jewelers have their finger on the pulse of the gold market. Investment houses deal with an array of communities; specialization is key.

Gold bullion is available from Maddaloni in two convenient forms; the 10-ounce gold bullion bar of at least .995 fine purity is the standard industry unit. It is traditionally used for trading and storage, and can also be taken for personal delivery. Each gold bar is hallmarked by a leading refiner to certify weight and purity. Also available is the 32.15 troy ounce gold “kilo bar”…a one-kilogram bar of fine gold bullion of at least .999 purity. Manufacturers of these bars certify the weight and purity of the bullion content by imprinting their stamp or hallmark on each bar.