FREE NEWSLETTER from L.I. Metals Let's face it. A year or two from now, will you be kicking yourself for not buying gold today? Do you feel comfortable waiting until others panic for you to wake up and buy gold? Or, do you plan ahead by steadily accumulating gold now while others are still believing the government will bail us all out of our financial troubles? Keep in mind the real threat staring us all in the face is a violent boost in inflation. Don't for a minute forget our government is churning out dollar bills from thin air -- with nothing to back up those new dollars. The presses are working 24 hours a day and they're going to guarantee this one problem ... we're going to face trillion dollar deficits for years ahead. The only way the government knows to get us out of this ultra recession is to inflate, inflate, inflate. And they will! While all the headlines are showing a more severe drop in our economy than anyone ever imagined, this is what's important - the dollar we held last year has had its value cut in half today. With big inflation -- or hyperinflation, virtually guaranteed to show up sooner than most think, we're going to see more and more people wake up and send surges of dollar bills into the only real stable money -- GOLD. This freight train rush into gold is coming soon. Many have already called it "the perfect storm." We believe there is an incredible opportunity to make a fortune during this crisis, and those of us able to see through the murk of daily headlines will prosper. The question to ask yourself is, "Will I be in the group that takes advantage of this urgent opportunity offered by gold coins?" We hope you won't have the experience of one of our good friends, Walter. Walter once had a very high paying job and a comfortable life-style. He invested in Wall Street, and things looked great until the current crisis hit. His portfolio was worth $250,000 about a year ago, but no longer - it was almost completely decimated. Now, with only about $50,000 left of his entire savings, his years of good living have come to an end. He lost his job, and is now working at less than half his previous salary. Walter is 45 years old. He has a wife and three children, and is barely making ends meet. The good news is that Walter finally started to buy numismatic gold coins on a monthly basis. Better late than never. Walter tells us he wishes he'd done the right thing 10 years ago, and he wouldn't have lost most of his money in the yo-yo stock market. Had he invested in numismatic gold coins, he would have had so much more financial security today, and would have avoided all those sleepless nights! The 3 Biggest Mistakes Coin Collectors Make: Mistake #1: Buying only bullion coins: One major advantage of numismatic (old gold coins), over bullion is their stability. These do not fluctuate violently in response to the price changes of spot gold. Such "oldies" are more likely to be held for the long term, and therefore, there will always be fewer coins available for purchase. These are quoted at a price somewhat higher than bullion coins in what is known as a "premium" over bullion. To see how stable numismatic gold coins can be, consider the recent sharp drop in bullion gold from its high of $1017.00 per ounce level in March 2008 to just under $800.00 not long ago. While this bullion drop was happening, the common date St. Gaudens $20 Gold in MS 63 went steadily higher -- showing a complete divergence from the price of bullion. Other denominations of numismatic gold also reflected a general lack of price volatility, and maintained a steady level, which is typical of numismatic gold. Mistake #2: Believing that gold is trading too high to buy at these levels, I'll wait for it to come down more and then buy: Gold is currently trading between $1050.00 and $1075.00 per ounce. At this price, it's very cheap. In other words, gold is a long way from the buying power it had back in the early 1980's when it hit $850 per ounce. Always remember that our dollar keeps losing its buying power month after month without letup. Therefore, if in the future gold reaches $6,000 per ounce, the ratio of inflation - - now to then - - argues that gold reach an even HIGHER price in order to match the buying power the dollar had back in the early 1980's. It's still the best hedge against current financial crises and it has a 5,000 year record of absolute safety. Our recommendation: Spend those overvalued dollars and accumulate undervalued gold NOW! And sleep well at night! Mistake #3: Trying to "time" the market for coins: Remember that coins should be held for the long term. If you are looking for 50% increase in value on a short term basis (under 5 years), you might try Las Vegas. Your time frame should be at least 5 years. Always seek lower population certified coins, and be very disciplined and especially patient. Obviously, each collector focuses on his or her favorite coins. But keep in mind that coin values do move up and down, so understand that it might take some time to locate and buy that certain coin at a good market price. Patience is your best ally in such cases and will surely help you to "buy low." Always keep in mind that the best profits you'll ever make are begun when the initial purchase is made at a lower cost. Then, with the long term holding, you'll be able to sell your coin at some surprising levels.  If you buy the right gold coins, you'll really get your money's worth. The first rule to follow when considering a rare coin purchase is to buy the highest grade that fits your budget. Take the $20 St. Gaudens, a one ounce gold coin, and one of the largest and prettiest of all U.S. gold coins. Consider the following dates: 1924-P, 1925-P, 1926-P, 1927-P, 1928-P. These coins are priced at $1740.00 in MS 63, $1895.00 in MS 64, and $2385.00 in MS 65. (In this volatile market, all prices are subject to change without notice). For lower priced gold coins that are selling quickly, be sure to check out the $5 Liberty Head in MS 61 and MS 62. Another excellent value and priced affordably is the $2 1/2 Indian Head in MS 61 and MS 62. Adding to your gold coin collection now builds your store of wealth. The best time to buy is yesterday. The next best time is today. Don't kick yourself a year from now for not buying gold today. How does silver fit into your inflation protection scheme? Just as with gold, silver gives you the same protection against inflation and the falling dollar. It's easy to see that silver, like gold, cannot go broke. There is no counterparty risk. Over centuries past, both silver and gold represented money. Both were thought of as the best store of value. Today, silver is being consumed by industry at a fast pace. There is a severe shortage of silver, and with increasing industrial demand, we believe there will continue to be a very real and intensified shortage of silver. Keep in mind that a shortage of any commodity -- like silver -- virtually assures sharply rising prices. Today, the U.S. Mint has curtailed the production of modern silver eagles, both in full ounces and fractional denominations. The premiums most dealers ask for the coins they offer are much too high. After all, these 1-ounce Eagles have no rarity, whatever. We have a far better suggestion for collectors. Buy the old silver dollars, minted from 1878-1904 -- the Morgan Dollars. These are true numismatic coins that have seen all the history of America unfold. They are still available in uncirculated condition, and have always enjoyed the reputation as the most collectible U.S. Silver Dollar. "Peace" Dollars, minted from 1921-1935, have also been highly sought after, and a full set can be achieved without "breaking the bank." At the risk of sounding like a broken record, here's what we suggest to anyone ready to profitably survive this financial mess. Periodically buy gold and silver rare coins by setting up a monthly buying program. One thing to remember... if this government is going to buy long term treasury bonds as they stated, there is only one way for gold coins to go......UP!!! Buy the $1, $2 1/2, $5, $10, and $20 old gold coins that are certified. They can be purchased in uncirculated grades, MS-60 and higher. The advantage of numismatic coins is their stability. These do not fluctuate violently in response to the spot price of gold. Such "oldies" are more likely to be held long term, and because of that, there will always be fewer coins available for purchase, thereby increasing their value. These coins are quoted higher than bullion coins in what's called a "premium" over bullion. To see how stable old gold coins can be, look at the recent drop in bullion gold from the $1017.00 level in March 2008 to just under $800.00 per ounce not long ago. During the same period, the common date St. Gaudens $20 gold coin in MS63 grade, went higher. There is a distinct divergence in bullion prices, compared to the prices of St. Gaudens and other rare gold coins.