DeMeritt says ongoing stock market volatility provides a great time to own gold and other precious metals especially for investors who are looking for long-term, secure investments.

"Gold prices are up over the past six years and gold experts suggest that it will continue to increase," says DeMeritt. "Investors typically turn to gold when there is economic uncertainty or world instability such as war. Individual investors and Countries are starting to turn to gold."

According to expert reports, Russia, Argentina and South Africa are buying gold for their reserves. In July, Qatar announced it had increased its gold holdings 15 times since 2006. In fact, China has one of the lowest gold holdings at about 1.1 percent of total reserves. If China increases their holdings, gold prices would potentially soar.

In addition, Central banks in several countries have stated their intent to increase their gold holdings instead of selling. Experts anticipate the pressures of enormous debts will increasingly tempt governments to return to backing their currencies with gold. Governments and central banks have been suppressing the price of gold since 1995 by lending and selling their gold. Gold experts say they won't be able to continue to suppress gold and the price of gold and silver will soar.

"Gold can act as a sort of reassuring insurance against the economic mischief of the day," says DeMeritt. "Since gold tends to move contrary to the ocean of paper investments most of us possess, it will always serve a wonderful purpose for the wise, diversification-minded investor."

A recognized industry leader, Lear Financial works with all types of precious metals to help clients meet their specific investment needs. Each client receives a personal account representative to assist with purchasing or liquidating precious metals and clients have 24 hour online access to Lear. The company prides itself on keeping clients updated on the market and offers an "Investor-Friendly Service Guarantee." Most important, the company is transparent about any costs and fees and every transaction is contracted.

Kevin DeMeritt
www.goldcentral.com
August 21, 2007