New Free Report: Gold as an Investment – Will Precious Metals Continue to Shine? from SMI

Aug. 17, 2011 - PRLog -- The recent downgrade of the United State’s credit rating by S & P is a painful reminder of what we’ve known for a long time, namely, that as a country, we have lived well beyond our means for decades and that it’s simply unsustainable.

“Since 1933, government leaders have consistently moved away from any standard or commitment that hinders their ability to print currency and ‘produce money out of thin air.’ And it’s this propensity to run the printing presses that has resulted in the shrinkage in the purchasing power of the dollar (i.e., inflation),” notes Sound Mind Investing founder and publisher Austin Pryor. “The economic reality of a crumbling dollar has never stopped our leaders in Washington from printing as many dollars as they wish in order to satisfy their spending desires,” he says.

Consider this, in early 2011 (when gold cost less than now), it took nearly 32 times as many dollars to buy an ounce of gold as it did when Nixon closed the gold window in 1971.

Many investors are rightly concerned about the declining value of the dollar and are considering gold and other precious metals as an investment for their portfolios.

Sound Mind Investing has written an easy-to-read guide that will help you understand our current fiscal crisis and describe how gold can help stabilize your portfolio in a world growing increasingly wary of paper currencies. Gold as an Investment: Will Precious Metals Continue to Shine? will give you the facts to help you decide if buying gold is appropriate for you.

Highlights include:
•   History of fiscal policy and the "gold standard"
•   Key points of the current fiscal and debt crisis
•   Gold investing strategies
•   Options for purchasing gold

About Sound Mind Investing

SMI was founded in 1990 by former investment adviser Austin Pryor. The company exists "to help individuals understand and apply Biblically based principles for making spending and investing decisions in order that: 1) their future financial security would be strengthened, and 2) their giving to worldwide missionary efforts for the cause of Christ would accelerate," according to the SMI mission statement. "We want to help you have more so you can give more," the statement says.

The Sound Mind Investing newsletter is distributed in print and online to more than 10,000 subscribers each month.

Get a free copy of Gold as an Investment: Will Precious Metals Continue to Shine? at http://www.soundmindinvesting.com/visitors/reports/gold-a...

Contact:
Kevin Woo, Director of Marketing
Sound Mind Investing
502-426-9238
http://www.SoundMindInvesting.com

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Sound Mind Investing is a monthly financial publication and website that helps people apply biblical principles to their finances and investing. Our mission is to help you have more in order to give more.