We are Midas Resources:
One of the world's premiere precious metals firms, parent company of The Genesis Communications Network, proud sponsor of the Campaign For Liberty and creator of the Ron Paul Air Corps.
Midas Resources was founded in 1997 by Ted Anderson. Mr. Anderson spent many years as a precious metals broker working for large corporations before striking out on his own. In 1998, he launched the Genesis Communications Network (GCN) to promote the importance of investing in precious metals. In the last few years, both companies have grown, reaching millions of people every day with the message of liberty and security.
Midas Resources has a fully trained team of professional brokers with decades of experience in the coin and metals markets. We are here to assist you and to provide you with personal service and attention. Midas Resources has consistently maintained an A- rating with the BBB and has the most efficient and timely delivery standards in the industry.
We specialize in U.S. numismatic coins. Coins of historical significance to collectors that derive a substantial portion of their value from their underlying gold or silver value.
It has never been more important than ever, to protect your future.
By getting involved in organizations like the Campaign for Liberty and others you can help restore freedom and liberty to America, to bring our country back to the gold standard, and end the Fed.
Until we accomplish these goals, we urge you to protect yourself and secure your future.
Let us help you to secure your financial future by calling one of our knowledgeable brokers, who can show you how precious metals are the most secure investment.
Gold IRA's are up over 300%, out performing traditional paper IRA's. We can help you roll your IRA over to a precious metals IRA and start earning more on your investment.
You can also purchase gold and silver coins, the only real liquid investment with proven performance and real value.
Why Gold?
When it comes to capital preservation, few resources have been able to hold value like gold. In the early part of this century gold prices remained quite stable.
The founding fathers of the United States designated gold and silver coins as the only "true money" in Article 1, Section 10 of the U.S. Constitution.
"It must be emphasized that gold was not selected arbitrarily by governments to be the monetary standard. Gold had developed for many centuries on the free market as the best money; as the commodity providing the most stable and desirable monetary medium. Above all, the supply and provision of gold was subject only to market forces, and not to the arbitrary printing press of the government." Murray N. Rothbard
However, in 1971 Richard Nixon fully demonetized gold, detaching Federal Reserve notes (US Dollars) from exchange at the predetermined price of gold.
Money today is created by a privately owned central banking cartel called the Federal Reserve System.
US citizens are forced to accept these paper notes as payment for all debts, public and private, as a result of current legal tender laws.
We cannot receive these notes unless someone is willing to take them on loan. They are created from nothing, yet we must labor to service the interest on this debt.
The supply of this commodity we call "Fed Notes" is very elastic and will blossom along with public and private debt.
Should we ever try to pay this debt back the money supply will decrease and we can look forward to a recession or depression!
If we do not pay this debt back, compounding interest will cause us to take on more debt, thereby forcing the Fed note supply to increase on an infinitely vertical incline.
In light of this you need gold in your portfolio for protection. To learn more we encourage you to read-"What has Government Done to Our Money" by Murray N. Rothbard.
Gold's Value as an Investment:
Many of the rarer gold coins are valued at substantial premiums above their bullion value. Additionally, gold bars are held by central banks to assure their ability to make international payments.
Gold is rare. During all of history less than 100,000 tons of gold have been produced. If gold production decreased or if existing gold scrap supplies were seriously reduced, even today's demand for gold could not be met. The result would be a strong upward pressure on gold prices.
The romance and allure of gold is enhanced by it's unmatched versatility as an investment vehicle.
Gold's value is intrinsic. It is a precious metal that cannot be destroyed or altered. Gold is highly liquid, has few geographic boundaries, and can be bought, sold and stored in most parts of the free world with privacy. Because of it's global market, the price of gold cannot be manipulated by a single nation.
On the contrary, gold is widely thought of as the foundation of the world's monetary system.
In a world where other assets, such as currencies, are depreciated by high inflation or interest rates, gold acts as a superior hedge against inflation. Another reason for including gold in your investment portfolio is it's diversification qualities. In other words, the price of gold frequently moves in the opposite direction from equities and fixed income securities. In addition, in times of political and economic uncertainty, gold's value traditionally rises.
What kind of gold should you own?
The most private, liquid form possible. President Roosevelt has already proven that certain gold can become illegal over a weekend.
Don't take chances! The Fifth Amendment of The Constitution, particularly the Eminent Domain Clause, stands in the government's way of seizing collector coins. Only PRIVATE Gold Is As Good As Gold!
Buy coins with a recognized value to collectors: numismatics. If you are uncertain as to what they are, consult one of our expert Brokers.
What determines the retail price of gold?
A good bit of confusion exists when a person not familiar with the metals markets finds that the retail price of a gold bullion varies from what is know as the "spot" price, which is regularly reported on various business programs and in the newspapers daily.
"The U.S. Department of the Treasury has established a retail price for the gold products minted in the U.S. Mint to reflect the following: the base metal cost (as determined by the spot price established on the London exchange as of the prior Thursday AM opening), the cost to manufacture and market these products to include (Labor, materials, dies, use of machinery and promotional and overhead expense). They report the respective average ranges for each component as a percentage of total price to be as follows: cost of metal 66%-74%, cost to manufacture (including overhead) 11%-19%, and margin 15%."*
(* Source: Federal Register / Vol. 74, No 3 / Tuesday, January 6, 2009)
Why Midas?
As you can see, there is a gold coin to fit almost every investment strategy. Whether your investment approach is conservative or aggressive, or whether your primary objective is preservation of capital, income or retirement, gold can play a vital role in your portfolio.
We believe that we cannot profit in the long run unless you, the client, profits first.
At Midas Resources, we not only talk the talk, we walk the walk.
