Tech Support Specialists Need Business Skills to Excel

Tech Support

As technological advancement continues to influence the global economy and the business world, the need for technical support specialists to take on more business oriented tasks is increasingly being felt. Unfortunately the majority of IT workers are not abreast of the responsibilities or the business knowledge that is required to succeed in this role or to help their organizations meet their strategic goals.

According to market research and surveys many companies in the finance sector saw their high level IT employees in the UK resigning to join other organizations in the year 2011. As a result these companies are rapidly promoting their existing technical support staff in order to retain talent. This transition requires the right balance of hard and soft skills for the high ranking IT officials to succeed.

Tech Support Specialist Skill Set

Ideally an IT manager’s early career skill balance should approximately be 90% technical and 10% business skills. These business skills should comprise communication, presentation and team leading capabilities. However over the course of time the balance must shift to 50/50. Business acumen is of great importance for technical support specialists looking for career-building opportunities. The IT leaders should possess an adaptable business mindset to be able to relate concepts to larger organizational strategies. An adaptable business mindset can be established by combining personal, operational, interpersonal and strategic- the four interconnected perspectives for successful IT management.

Tech Support Specialist Progression in Career

To begin with technical support specialists need a baseline for all of the tasks they are expected to execute. Basic understanding of the work practices and procedures and strict adherence to these processes on an individual level is required for the IT staff to perform as per the company expectations. To put it differently, technical support people need a personal and operational perspective of their work to sustain their job.

As they progress within their organization, IT professionals are expected to lead more complex projects, handle them properly to see them to completion. At this stage they need to be able to polish their interpersonal skills to communicate with others to take on the responsibility of planning and managing across functions, rather than concentrating solely on the technical solution. The growing responsibilities of the IT managers should be complemented by their interpersonal skills that will allow them to take projects from vision to reality.

Communication is an important part of the job for technical support specialists at managerial level. They need to be capable of identifying and communicating the appropriate information to team members. The strategic perspective of the business mindset is all about making effective connections with the team members to improve the overall performance and the productivity of the organization.

Conclusion

Developing and nurturing a business mindset is crucial for efficient IT project management. Fusing technical knowhow with business insight for making accurate business decisions requires proper view from each perspective. Support specialists should see the big picture and take into account the implications of their actions prior to taking them and convey their knowledge to subordinates and peers.

Venture Capital – An Alternative For Small and Medium Entrepreneurs

Studies in the Spanish economy have been taking interest in the problems that some small and medium businesses have. Problems of different sorts, fiscal, financial, administrative, etc. These companies comprise about 95% of the total of companies in the country and generate 60% of the jobs, 65% of sales and produce 40% of the goods that are exported.

Small and medium businesses do not figure in the stock markets which takes away the opportunity of being financed by individuals and they are of course less competitive in comparison to other companies who do figure in those lists. They have fewer options of financing and can only depend only on themselves to make the profit to stay afloat. They depend on the property and assets that the owner can use to finance the business or use as guarantees when requesting a short or long term loan from a financial institution. It is under this context that we introduce the concept of venture capital.

We can talk about three great problems that small and medium businesses have when starting and that hinders their financial development. It is a dependency cycle if you will. For small businesses it is hard to get a loan from a bank, and because the bank does not trust their capacity to pay they establish high interest rates for them which puts them at a disadvantage against their competitors. For all of these reasons they cannot provide as competitive prices as the other businesses. Again, the only option for them is a financing structure like venture capital.

Venture capital is a way to capitalize on small and medium businesses, so that their development is vital for the regeneration of the industrial fabric of the country.

Venture capital funding and Blockchain Venture Studio is an instrument aimed primarily at small and medium enterprises, through which a company specializing in investment or not (investment company) capital injection in a small or medium enterprises (receiving company) in a minority and a relatively short space of time.

If you prefer, we can understand venture capital as a financial formula that provides resources to businesses, mainly small and medium, in the form of permanent long-term funds or with the same risk that funds contributed by the employer as they usually have no warranty or special benefit. It is important to seek the appropriate balance between the percentage of ownership and control of the company 

Participation in making use of various financial instruments and Blockchain Venture Studio

HOW IS SOCIAL CAPITAL DIFFERENT FROM HUMAN CAPITAL?

Social Capital differs from Human Capital (as in HCM). Human capital may be said to be focussed on the education, experience and abilities of an employee for a particular role or pathway. It is a main focus of HR and managers, who are trying to hire, develop, performance-manage, promote and retain their talent pool. There may be some overlap between Human and Social Capital depending on how a business’s culture, employee engagement and wellbeing are defined. Many businesses choose to invest in the happiness and well-being of their employees because this investment indirectly benefits the bottom line by cultivating a happier, more energetic workforce.

IS SOCIAL CAPITAL THE SAME AS EMOTIONAL INTELLIGENCE?

When Billy Aydlett became the 7th principal in 6 years at Leataata Floyd Elementary, a school with a long history of dysfunction in a low-income part of Sacramento USA, he quickly discovered that the young students were not going to be able to make progress on the academics until they had gotten help with their social and emotional issues.

However, although Aydlett had risen through teaching ranks to become principal, he was a socially awkward man who confessed to being “awful” at ordinary human encounters, so he attended social-emotional training. Since beginning the emotional-literacy work, Aydlett said he had become more aware of interpersonal dynamics, and even made going on a vacation with his wife a priority – something he had never bothered to do before. (“I didn’t see the point in that kind of connectedness,” he admitted. “But I’ve learned that it’s important.”)

Emotional Intelligence is the ability to recognise emotions in oneself and in others, to be able to harness and manage them. They are the individual skills that are used by each person to build his or her Social Capital within work or other networks.

The experience of Mr Aydlett shows that building social connections does not come naturally for many people, even successful ones!

Deliberate action needs to be undertaken to foster Social Capital across the staff in a business. Some may be able to make flourishing connections naturally, for example “She’s a ‘people-person'”, but many are not able to do it on their own.

The Science of Weight, Fat Loss

The Science of Weight, Fat Loss

We no longer require proof that the majority of America is either overweight or obese, most of us are. Our nation is more than a billion pounds over the ideal fat threshold and that number is climbing to uncharted astronomical proportions daily. Pandora’s Box has been opened concerning the most pressing health epidemic in our history; what we don’t realize is that we have propped it open and are about to rip the lid off.

Fat loss is a highly complex issue that is more than pushing yourself away from the table, eating healthy, or regular exercise. Not one person on this planet gains or loses fat in the exact same way or rate. Each person has a different and highly individualistic fingerprint or fat loss metabolism that is based on their current health, age, genetics, hormones, stress, readiness level, and environment. As a fat loss expert and personal trainer in Denver, CO, I have helped hundreds of people achieve the solution to the elusive goal of weight loss and permanently keeping it off. The secret is science, and it is so simple that all you have to do is change what you have been taught to believe. However, you must reeducate yourself on what works in reality, not myth. For more articles visit this site Solutiontales.

Before I show you how the science of fat loss works, I want you to think about a few key principles and thoughts that I consider to be bedrock doctrine. First, there is no magic pill, not one. Repeat that to yourself and invest in something with a return. Really look at the word diet, it spells die with a tombstone at the end. I have never known a successful one that lasts very long. 

You measure real progress by showing up, not your current weight on the scale

Though, a measuring stick is necessary for continued improvement and using the appropriate compass keeps you pointing true. You must be conscious of everything that goes into your mouth; is it for fat loss or against it? 90% of all food that comes with a nutrition label is no longer food for weight loss. You read correctly. Weight loss food and frankenfood that has been engineered with a flavor attractant are like oil and water, they don’t work well together. They can coexist with one another but their relationship is based upon tension and repulsion, counterproductive to your fat loss goals. The reason why most people can never keep the weight off is that we are hardwired to eat things that taste better, regardless of the gradual toxicity that leads to obesity related diseases. If you understand that you are no longer eating real food, you have half of the formula. Once you know what food is keeping you fat, don’t bring it in the house any longer or visit that aisle in the grocery store. For you to have any chance of success, start with a very large plastic bag and clean out your pantry and your refrigerator. You have to change the pattern of what you eat or you will always get the same result. Lastly, and this is important, eating “healthy” does not mean or translate into weight loss. Let’s begin there.

The above principles are all addressed in the nutrition plan that I recommend to most of our clients. This plan is oriented toward fat loss through complete lifestyle change. We don’t focus on counting calories, although fat loss is always about calories in calories out, always. I teach portion management of the right kinds of food, and awareness of every eating environment. Satiation or fullness at every meal is vitally important and taste should be its equal. You must learn to enhance the flavor of your food through spice. Think of weight loss food as the right kind of drug or the wrong kind of drug. If you are obese or overweight, more than likely, it is the wrong kind. If your physician prescribes a drug for a medical condition, it may or may not work. Food works in much the same way. It either works for you or it doesn’t. Once you become overweight or obese the impairment and function of your body is compromised. Take a look at your BMI score in a different way. If your BMI score considers you overweight, you are approaching a disease state. If your BMI considers you obese, then you have arrived. Food is a chemical combination that will affect your metabolism, hormones, and the way you store fat in a dramatic way on your journey to disease state. The more impaired your body becomes through fat gain, the more poisonous processed chemical laden food becomes. Let’s undo what you have learned about eating “healthy.”

When I ask most people to name a healthy juice they can include in their weight loss nutrition plan, I hear orange juice as the most quoted product. Orange juice has more than 60 phytonutrients and many of them are identified as flavonoids, which research has shown to be natural antioxidants that help support a healthy cardiovascular system and immune system. Of course it also packs 100% of our daily vitamin C needs as well as many other vitamins and minerals. However, an 8 oz glass of orange juice takes about 4 oranges to make when a portion size is 1 orange. Have you ever seen anyone pour just 2 oz of orange juice? It never happens. The real problem with orange juice is the sugar content of four portions, about 24 grams or half a soft drink. The take-home is this; Regardless of the phytonutrients, flavonoids, antioxidants, or vitamins & minerals in a glass of orange juice, if you’re trying to lose fat, orange juice is not the best choice. Once the fiber has been removed it becomes a sugar bomb and is no longer healthy. We can thank marketing for this long held belief.

Ideas For Starting a Small Business

Are you thinking about starting your own business? Perhaps you’re still employed but would like to start a business on the side. Or maybe you’re a homemaker whose children spend the day in school and you would like to earn some extra dough. Whatever your motivation, your mind must be full of questions about business plans, ideas and startup costs.

There are plenty of decisions you have to make, from broadband plans to business card printing. But for most potential entrepreneurs, the most difficult part of this process is coming up with business ideas. The truth of the matter is many potential business owners never get started because they have trouble coming up with business ideas. If you are lacking that creative spark then this article, which examines 5 ideas for starting a small business may be of some help to you.

If you love cooking then catering is a fun way to combine business with your hobby. Catering can be done on a small scale if you already have a well-equipped kitchen.

Start a consulting business online. Business consulting is one industry that performs well during recessions and if you have the skills and the know-how to help organisations improve their performance, this may be an ideal business for you. The key to success in this business is networking, so pick up the phone and call everyone you know!

Having an online business is the quickest way to the global market generic terms from your sofa. But just how do you succeed as a webpreneur? First and foremost, do your research and find out what’s worth chasing and what’s not. By being well informed, you can take educated and calculated risks. 

People love working from home and if you have the skills generic terms

You also need to know your market. You will have many competitors so the best way for you to stay ahead is to add value in your service, be it in pricing, quality, quantity or aftercare. A little extra service goes a long way. It pays to learn about search engine optimization or SEO because this will help you promote your website, which should look fantastic and provide accurate and adequate information. Finally, constantly check the results you are getting and if the business needs to be tweaked, don’t be afraid to do it.

You can do just that in the comfort of your own home. Although there are many web designers in the market, demand for their services is high and if you market yourself well, you will have a large clientele in no time. One way to get your name out there is to work with complementary businesses. For example, if you’re good at designing brochures, speak to a brochure printing company and come up with a package deal for potential clients.

Are you an avid photographer? With the right equipment this can be a fantastic job for you. Although camera equipment costs a fair bit, you can make a killing at weddings and corporate events.

Catering

Consulting

Webpreneur

Freelance web designer

Photographer

These ideas may or may not work for you so before you start any business, ask yourself these questions,

Is there a demand for your product of service?

How much money do you need to start your business?

How will you differentiate your business from your competition?

Online Casino – Look Out For the Advantages

Online Casino

With the emergence of the online casino, people do not have to fly or drive to a faraway casino to play their favored games. Changing times and new innovations resulted in the growth and popularity of the internet casinos these days. Considering the present scenario, the online casino has developed as the most entertaining and enticing means to check out a number of popular casino games under one roof.

Gone are those days when you had to plan for a holiday or vacation to travel to a location like New Jersey or Las Vegas popular for offering the excitement of real casinos. However, it is obvious that while planning a holiday, you had to put aside your official commitments. It is more likely that traveling frequently leaving behind all your assignments may not be possible always.

The introduction of the internet casino or more popularly the online casino eliminates a lot of hassles for the gamers making it much more easy for them to reach out their favorite game at any time and at any place. Additionally, you are not required to travel all the way to any brick and mortar casino to play your casino game. Having a computer with internet connectivity can put an end to all these problems.

Casino online gives you access to a lot of gambling sites on the internet. If you’re 21 (the considered legal age of gambling) then you are ready to start with the online casino games. You should know that playing at any online casino site brings about a lot of advantages for the players.

Having a look on the major advantages of the online casinos will help you to know why this means of gambling has grown so popular https://www.gamebet.gg. 

Why is it the most preferred option for most casino players worldwide? 

Well, in the following lines you will come across the most common advantages that online gambling brings you forward. These include

Playing at your convenience:

One of the main features of casino online that makes most gaming lovers turn to gambling online is that the internet forms to be the most convenient medium these days. The online casino forms to be an essential way allowing more and more players to gamble with ease from their own residence. Till you’re connected to the internet, you can play your favored casino games 24×7. You just have to enter a site and get started with your chosen casino games.

Promotion and bonuses

The online gambling bonuses prove to be the most attractive options to select playing online. You will never be finding these kinds of options in any brick and mortar casino. Presently, you are offered a range of bonuses like deposit match bonus, sign up bonus or welcome bonus, no deposit bonus ad cash back bonus. These promotions can be a great way to attract more and more new players and hold on to the existing players as well. With bonuses, the players can easily increase the bankroll as they have much more cash in hand to bet.

More choice of casinos

With the internet casinos, you will get a choice of more casinos at a time. You can even switch over to one site to another as it depends solely on your wish.

Convenient and easy withdrawal and deposit options:

Online casinos bring you a lot of banking options to make your selection. Many online casino sites accept Master and Visa credit cards for both withdrawal and deposit purposes. Other popular options available include wire transfer, NeTeller, myCitadel, Moneybookers, Entropay and others.

Strong Grounds for the World of Digital Currency – Cryptocurrency

Welcome to the “crypto” world!

– A domain of Blockchain technology

– A market of cryptocurrency

– A closet of Bitcoin payment systems.

So, here is the trend or you can term it as a “digital currency world” with a great move to go up in the game.

If you are avoiding Bitcoin and cryptocurrency today, then, you will be going to fall in a bad ditch tomorrow. It is actually the present and future of currency that doesn’t know how to cease steps. Since its inception to till date, it is growing and helping many individuals all over the world.

Whether it is Blockchain to record transactions or Bitcoin system for handling entire payment structure or Erc20 token wallet to define rules as well as policies for Ethereum token- everything is going hand-in-hand and towards the new ray of currency in the world.

Sounds great, isn’t it?

Moreover, with the advent of such successful currency modes, many of the firm’s love to be part of this game. In fact, it’s all about assisting businesses or organizations to get Blockchain technology or cryptocurrency without any hassle through a reliable Blockchain development company. With loads of knowledge and potential, these companies develop this currency and play a vital role in the digital economy.

Just for a nano-second, let if we assume that cryptocurrency won’t exist anymore, then what will happen?

Might be, time will counter-attack on your thought and Cryptocurrency Investor!

Very first launched by Satoshi Nakamoto, Bitcoin was the colonizer and from that initiation, an innovative digital currency evolved with a spectrum of good things.

So, the question arises- does cryptocurrency development or its originator cryptocurrency development company will vanish or stay till the end?

Actually, it’s not possible to predict the future, but we can say that cryptocurrency or Erc20 or Blockchain or Bitcoin wallet Development Company will be there with the same flair of enthusiasm and passion to lend a hand to business verticals and organizations.

John Donahoe, the former CEO of eBay has said- “Digital Currency is going to be a very powerful thing.”

And, it is proving very accurate, as the time crawls and Cryptocurrency Investor

Actually, it has some valid grounds behind the success of this concept.

Fraud-Proof:

With cryptocurrency, blockchain is associated. So, each transaction is recorded in this public ledger, avoiding any hoax. And, all the identities are encrypted to overcome the identity theft.

Erc20 takes care of all rules and protocols, so no infringement of rules and orders. If you are in, then don’t forget to contact Erc20 development company and get it developed to be within rules.

You are the sole owner:

No third party or no other assistant or no electronic system to evaluate what you are doing. Just you and your client maintaining end-to-end experience. Isn’t it a great concept?

Withal, the settlement is instant and it’s all between you and your vendor without any other disruption. At the end of the day, it’s your call.

Easily Approachable:

The Internet has made everything within reach and at fingertips. It plays an indispensable role in the digital currency market or exchange market. You will have a better option for currency exchange instead of using traditional and time-consuming ways. And, a wonderful way to be clued-in as an enthusiastic cryptocurrency sphere.

What Are the Best Electric Razors For Men?

Best Electric Razors For Men

Best Electric Razors For Men

Best Electric Razors For Men

That’s not an easy question to answer because it depends on many factors. What is the perfect electric razor for one person may be totally unsuitable for someone else and this could be due to differing skin types, having soft or hard whiskers or desiring a different closeness of shave.

However, there are two very important factors that need to be considered – features and price. Modern electric shavers have a wide variety of features, some of which may or may not be deemed necessary to everyone, depending on your expectations. Of-course, the more advanced features usually add to the cost of the razor.

Which are the best men’s electric razors?

There are numerous different brands of best electric weed wacker including Panasonic, Braun, Sunbeam, Remington and Philips to name a few. After some research into the wide range of men’s electric shavers available, I have found three that really stand out above the rest. They are:

* Philips Norelco Arcitec 1090;

* Braun Series 7-790cc Pulsonic Shaver and

* Panasonic ES8249K Arc IV Nano Vortex.

Let’s look at some of the features best electric weed wacker

1. Philips Norelco Arcitec 1090 Men’s Shaving System

If you like high tech design, then this Norelco electric razor is for you. It is one of the coolest looking shavers on the market. It is a rotary head shaver that has the ability to conform to the contours of your face to give you a very close shave. It also comes with a 60 day money back guarantee for peace of mind.

2. Braun Series 7- 790cc Pulsonic Shaver

These braun electric razors are also high tech but in a different way. It produces several thousand “micro vibrations” per minute which help to lift the hairs for easy cutting. The Braun also uses very advanced blade technology which minimises any tugging and pulling of the whiskers and also gives a very close shave. A really cool feature is that with the press of a button the shaver will automatically clean and lubricate itself.

3. Panasonic ES8249K Arc IV Nano Vortex

Unlike the other two, this Panasonic electric shaver can be used as a wet or dry shaver. You should consider this shaver if you shave in the shower, for instance. The Panasonic has a very powerful motor and with its extremely sharp blades that are set at the smallest angle of any razor available today so not only do you get a very close shave but it makes light work out of shaving a thick beard.

Naturally, these features are going to reflect in the prices of these electric razors but if price is not an issue and you want the features then any of these would be more than suitable.

Best Value Men’s Electric Razor

But if price is an issue, let’s find a shaver that has a low price but gives excellent value for the dollars spent. To ascertain this I went through many electric shaver reviews and found the shaver that had more positive customer reviews than any other. The one that stood out was one manufactured by Braun. It is their PocketGo P-70 Men’s Electric Shaver with a current retail price of around $30.00. Strictly speaking this shaver is aimed at the traveller and may not be suitable for everyday shaving. It is powered by a couple of AA batteries so it can be used anywhere including your office and even the car. Although it doesn’t have the bells and whistles of the more expensive shavers, it is extremely portable and does give quite a close shave.

Like anything, it’s most important that you decide which features you need in a shaver and then look for the best value men’s electric shaver that will fit that need.

Managed IT Services Provider – Your Very Own IT Department

IT Services

Most major companies have an IT Services, often employing tens or even hundreds of staff. These are the people who are at the beck and call of employees each time their printer won’t work or their laptop won’t boot up.

Sounds expensive doesn’t it? As a smaller business your only option is to manage your own or just call someone every time you have a problem.

This is referred to in the industry as “break fix”.

1. It breaks.

2. You call someone.

3. They fix it.

4. It breaks again.

5. You call them again.

…and so it goes on.

The more it breaks the more money they make and it becomes an expensive option for your business.

But don’t worry. Help is at hand!

There is another option – a managed service provider (MSP).

The keywords here are pro-activity and cost control. OK, sometimes there will be reactive issues to be dealt with but a reputable MSP will aim to prevent problems arising in the first place.

Secondly, a managed service model means you pay the same amount every month without being charged for the hours worked. That means it’s in the interest of the provider to work proactively to minimise issues.

That’s a win-win situation for both parties.

Here are some key features and benefits of an MSP:

– Fixed costs for budgeting

– Enables better long term planning and budgeting.

– Skills and experience of an IT department at a fraction of the cost.

– Tools in place to monitor remotely, cutting out on travelling and on-site time.

– Reduces the need for staff to spend lots of time dealing with IT Services problems.

– Increased employee productivity and morale. Reduced frustration!

Not convinced yet? 

Here are two typical examples of where an MSP and IT Services can benefit businesses:

– Example 1

Space running out on the server – this is picked up by monitoring and an engineer looks at it and resolves the problem. The client doesn’t even need to know about it.

What would have happened without Managed IT Support?

Eventually the server would have run out of space completely and would crash/refuse to boot up – this would cause considerable down time and prevent employees from working. Worse still your service to customers could deteriorate.

– Example 2

Anti-virus software not updating, this is picked up by daily monitoring by the MSP and corrected.

What would have happened without Managed IT Support?

The customer’s machines would ultimately have become infected with a virus. Over time further viruses could have entered the system. Your entire IT system could crash thus affecting business continuity. Worse still viruses could be unwittingly transferred to outside parties via email.

To summarise, they enable you and your team to focus on free earning work. Ultimately this benefits your profitability, your efficiency and your customer service.

Starting Your Own Logo Design Business

The world economic crisis is giving all of us a headache. Many companies right now are still into cost cutting and retrenching of employees as one of their ways to cut back on expenses. Because of this, unemployment and underemployment are rampant and forcing people to find ways to make ends meet through a small business of their own is the best resort they can think of.

One can choose from the enormous business opportunities that are available. A person may go into a food business if he likes to cook. If he loves design, he can be a fashion designer. As long as the activity generates income, people will usually do it. Of course, those who are interested in starting their own business may have to think of getting a logo for their business.

Designing business logos can be a good business for you if you are talented in the visual arts. It may seem to be difficult, but you can always search the internet for some ideas or, if you are very creative, try making your own designs. You may try to search for free online logo ideas or software and practice doing your own designs until you are confident enough to launch your own business logo company.

Post your designs on the web for potential buyers to check and don’t forget to put in your contact details your email address and contact numbers for easy communication between you and your potential clients. Usually, the Internet will be enough you with enough clients when you shall have established your business.

Since you are new in the business, offer your designs at a lower price compared to those logo design companies that are more established. Little by little, when you’re already know, you can raise your prices a bit as long as the good quality of your logos is maintained.

Business ideas are everywhere around us. If we just open our minds to the possibilities, the prospect of earning so much more can easily turn into a reality. After all, having your own business is way better than being employed. When you own your own business, you own your time. And nothing can be more convenient than that. Things can be hard in the beginning but soon, you will get used to it and eventually you will be able to manage and cope up with the stress of managing your own little business.

Being a business logo maker can be a promising home based career for you. Creating a new business logo for a business that has just started will be a perfect opportunity for you to show your talent and professionalism. Soon enough, as long as you stay committed to quality and consistency, your business can easily grow.

Article Source: http://EzineArticles.com/4500815

Why RS gold is a Good Investment

RS gold

Why RS gold is a Good Investment

You might think why should I invest in gold, it doesn’t pay me an interest, it’s not backed by the government such as US bonds and it’s subjected to wild volatility. Oh! By the way it’s at an all time high!

Some people I talk to wonder if they’ve missed the boat in gold. They fear they’ve waited too long to buy gold stocks or there hasn’t been a significant pullback in price to enter. When you look at the grand scheme of things, buying at these levels will be so insignificant 2-5 years ahead; gold is in a secular bull market.

Buying gold as an investment for the purpose to preserve your wealth for what is to come is wise. Trading gold to make quick profits is not worth the stress; leave it up to the professional traders. I strongly believe the greatest wealth shift will happen in the coming years.

It’s not too late to buy gold; ask your friends and family about gold as an investment, more likely they are not interested or they don’t know about it. This is the way you want it, when the masses are not looking you are accumulating.

There will be some point in time where everyone will be talking about gold, your friends, family, your neighbor, even the taxi driver; it would be a mad frenzy to buy the golden relic. By that time you will know it’s time to sell out. At the moment we are still far from that euphoric phase.

Why invest?

• The U.S. dollar – Since July 2001, the US dollar has plummeted as much as 36 percent against other major world currencies, and there’s plenty of room for the dollar to keep falling. The massive U.S. government debt of $12.5 trillion, bailout commitments and guarantees from the U.S. Treasury and the Federal Reserve equaling almost $13 trillion, a massive spending budget of $3.8 trillion and other government financial obligations is going to help push the dollar even further down the slope.

Since RS gold is priced in dollars, as the dollar goes down, gold usually goes up.

• Gold in financial products – As the global financial crisis has worsened, investors have fled to the safe-haven of gold. In 2008, 320.9 metric tons of gold flowed into Exchange Traded Funds (ETFs), a 27 percent increase over a year earlier. ETFs continued to grow in 2009 as investors bought a record 594.7 metric tons, an 85 percent increase over ’08. As of October 2009, the total holding in ETFs was 1,750 metric tons, worth more than $48.6 billion. 

Similar RS gold products are now listed in exchanges in 12 countries

• Gold in China and India – In 2007, China overtook the United States as the second-largest gold consumer in the world. Consumer demand reached 427.5 tons in 2009 – nine percent higher than 2008. China consumes more gold than it produces – this couldn’t be more bullish for gold. The World Gold Council (WGC) forecasts that gold consumption in China could double in the coming decade as a result of rising demand for jewelry, hard-asset investments and industrial uses. China has reported it’s boosted its gold reserves by 76 percent to 1,054 metric tons, becoming the world’s fifth-largest holder of gold.

India’s central bank recently purchased 200 tons of gold for $6.7 billion! India is the world’s largest consumer of gold in tonnage terms, accounting for about 23 percent of global gold jewelry demand and about 11 percent of global net retail investment (gold bars and coins).

• Gold supplies are shrinking – The U.S. Geological Survey – a division of the Department of the Interior – recently announced that there are now fewer than 50,000 tons of proven gold reserves left in the ground worldwide that the world will run out of in-ground supplies of gold within 20 years. South Africa and Australia had the steepest production declines. South Africa’s production dropped to its lowest level in 86 years, while Australia’s gold production hit 19-year lows. And mine production has the potential to fall even further as the credit crisis continues to impact mining companies. Due to these reasons, investors are looking forward to the Blockchain Consulting firms that ensure future monetary safety in cryptocurrency.

How to invest in gold?

• Investing in gold producing companies – Buying a gold producer on the stock exchange will give you exposure to rising gold prices as well as any upside in the specific company. The downside to investing directly in the company specific risk the gold producer may underperform the gold price for many reasons, so do your homework!

• Investing in an ETF – Investors can gain direct exposure to the price of gold bullion by investing in a gold exchange traded fund ie. GLD – SPDR Gold Trust listed on the NY stock exchange. Buying an ETF is like buying any other share. They offer liquidity since they are easily traded on the stock market.

• Invest In Gold Bullion or Coins – You can also invest in gold by buying gold directly from gold bullion dealers. Gold can be bought in a variety of forms including different sized gold bars and coins. Dealers will normally buy at the spot price then charge a commission plus a delivery fee, but there are a few different variations. Unless you want to want to actually be able to see and touch the gold, ETFs are probably a better option as they will give you the same exposure to the gold price but you don’t need to worry about storage and handling.

Gold is a real asset, relative stability and enhanced safety in the worst of times – like we have now with the financial crisis that’s engulfed the world and the massive, unprecedented sovereign debt crisis that is going to shake the globe to the core it’s more reason to have gold in your portfolio.