Gloomy job numbers... Worse-than-expected manufacturing reports... Giant drops in the major indexes.
Some recovery, huh? Even Alan Greenspan doubts we can pull out of this nosedive...
There's no question Wall Street's rough ride will continue. But there is an easy way for you to avoid the worst of it: Just make sure your portfolio is well diversified.
And we don't mean putting your money into different business sectors. To be fully diversified, you need to look beyond stocks and bonds...and into precious metals like silver and gold.
As we've been detailing in The 5 Min. Forecast, gold is on a historic run, breaking through $1,000 an ounce and looking to stay there. And as Outstanding Investments' Byron King has said, we're facing the prospect of "Peak Gold" - when falling gold production and skyrocketing inflation could take the yellow metal to $2,000 an ounce.
That makes gold one of the most attractive investments going. And there is no shortage of ways to play it - ETFs, stocks, futures, options and more. But the absolute best way to invest in gold is also the hardest.
I'm talking about buying bullion itself... The bars and coins that represent gold's purest investment form.
Now, don't get me wrong. You can buy coins and bars from a lot of different dealers. But let's face it - if you're buying more than a few ounces, you're going to have some problems.
Storing your gold at home isn't just inconvenient, it's also outright dangerous. Keeping it at a bank or other institution is costly. And when you want to buy more or sell what you have, you'll pay big commission fees.
So leave it to our friends at EverBank to develop an easy and affordable solution to gold ownership. For a relatively little bit of cash, you can own an interest in gold pooled by the ounce without storage or maintenance fees!
And that's not all...
You can add to or sell your holdings very close to gold's market price...without the typical commission fees. And unlike a lot of gold investments, you can also choose to take delivery of your holdings.
If you haven't been building your gold portfolio yet - or just want to add another gold investment stream - you need to see what EverBank has to offer. Follow this link for all the details... And keep in mind that we might be compensated if you open an account.