Gold has reached an all-time high price o over $1,300 an ounce, and there’s no sign that it will stop there. Why is this happening, and how can you benefit from it? As I told initial readers of this blog several months ago, and have been telling my precious-metals clients for years: Gold’s rise was inevitable.

But let’s set aside for the moment the fact that you should have invested in gold years ago, or even months ago. The inexorable rise in the price of the world’s most fabled metal has direct roots in geopolitical, economic, and spiritual issues that are affecting every human – whether or not we own gold.

Why is this happening? The immediate answer is simple:  Major foreign investors such as China are quickly catching on to the hard reality of burgeoning U.S.-government debt and of our  impending insolvency. They see we are out of moves and are coming to the inescapable conclusion that the only way Washington can keep its finances going is to run the monetary printing presses non-stop. http://www.cnbc.com/id/39376706

And because the Chinese now own a huge chunk of America’s sovereign debt – which used to be the “gold standard” in global finance – now they’re actually looking for alternatives for such dependence on the United States! So they’re turning to gold.

American investors see multiple reasons for their own rising investments in gold. The uncertainty of stock investments over the last few years and the clear cluelessness of our federal government are causing savvy investors to run to the only truly stable investment available these days: precious metals.

There are Biblical reasons for the enduring importance of gold and silver in the world economy, which we’ve explored in previous blog posts. So these precious metals retain their value over time.

And these days as ever, gold is the mortal enemy of big- government borrow-and-spenders. When the gold price shoots up, it signals to the world that the currency upon which government finances operate is losing its value.

So gold’s bullish movements over the last few years tell you more reliably than anything else that the U.S. dollar continues to lose its value – fast! And that is a direct reflection on the policies and character and situation of our current government.

Is gold on a bubble? No. It’s more like gold is riding a super-locomotive. We anticipate seeing gold prices up to $1,500 an ounce by the end of the year. If you are waiting for the gold price to fall before you buy, think again.

Yesterday I talked with a friend to whom I’ve been suggesting a gold purchase for months. He’s always been too busy to take serious time to decide; I understood. He remembered that when we talked gold was around $1,000 an ounce and silver at $17.

Now, gold is over $1,300 and silver is almost $22 an ounce. Those are the spot prices — not even the coin prices, which are somewhat higher.

Don’t be like my friend and keep delaying. Get your paper currency into hard assets of gold and silver before hyperinflation sets in or you will be even sorrier than you are now.