It looks like conventional thinkers are now doing some original re-evaluations because even pundits from the world of conventional investments now are converging on an insight that we've been sharing with you all along: gold and silver are poised for a bounce back in prices.
The reasons for these beliefs vary a little for each and every precious metal, yet you can be definite about one thing: Investments in God's Cash has always been the last best approach for a global crisis that continues to creak at the joints because of man's fiat-money systems, and it looks like financial investment instruments built on them are becoming increasingly unstable. This is now so blatantly obvious, it's hard to overlook.
Yes, the price of gold has actually fallen by one-third from a September 2011 high of around $1,900 an ounce. Nonetheless, as we anticipated way back then, this would certainly change in the fullness of time. So now even secular investors believe that gold has actually gotten to a floor where the fundamentals of investing in metals will begin to bump its cost back up.
Even Uri Landesman, president of Platinum Companions LP, informed Investment News, a magazine of the investment mainstream, that we're looking at the end of the gold slide. He further believes that if the securities market keeps going down for the rest of the year, gold will certainly act as a trigger to prompt people to run away from equities. So he suggests that an excellent financial plan is to buy gold and sell stocks.
Another reason that Landesman and others believe gold can't further decline is because $1,200 an ounce is considered very close to a breakeven level for mining and production companies, meaning that they'll stop pulling gold out of the ground if the price goes much lower - prompting a pullback in supply that will, in turn, help support the price of the commodity.
As for silver, we still see lots of manipulation of the cost and this is obscuring the value of this metal and this will, eventually, disrupt the plans of those who are dabbling with the pricing.
The fundamentals of investing suggest a rise in silver rates. Whether this comes from rising commercial demand for the product in an international economic situation that is showing at the very least a dead-cat bounce, or because the necessary worth of silver will be recognized, the price of silver will recuperate. You need to bet on this trend if you have not done so already.
Ultimately, it may very well be time to think about a new financial plan.
The reasons for these beliefs vary a little for each and every precious metal, yet you can be definite about one thing: Investments in God's Cash has always been the last best approach for a global crisis that continues to creak at the joints because of man's fiat-money systems, and it looks like financial investment instruments built on them are becoming increasingly unstable. This is now so blatantly obvious, it's hard to overlook.
Yes, the price of gold has actually fallen by one-third from a September 2011 high of around $1,900 an ounce. Nonetheless, as we anticipated way back then, this would certainly change in the fullness of time. So now even secular investors believe that gold has actually gotten to a floor where the fundamentals of investing in metals will begin to bump its cost back up.
Even Uri Landesman, president of Platinum Companions LP, informed Investment News, a magazine of the investment mainstream, that we're looking at the end of the gold slide. He further believes that if the securities market keeps going down for the rest of the year, gold will certainly act as a trigger to prompt people to run away from equities. So he suggests that an excellent financial plan is to buy gold and sell stocks.
Another reason that Landesman and others believe gold can't further decline is because $1,200 an ounce is considered very close to a breakeven level for mining and production companies, meaning that they'll stop pulling gold out of the ground if the price goes much lower - prompting a pullback in supply that will, in turn, help support the price of the commodity.
As for silver, we still see lots of manipulation of the cost and this is obscuring the value of this metal and this will, eventually, disrupt the plans of those who are dabbling with the pricing.
The fundamentals of investing suggest a rise in silver rates. Whether this comes from rising commercial demand for the product in an international economic situation that is showing at the very least a dead-cat bounce, or because the necessary worth of silver will be recognized, the price of silver will recuperate. You need to bet on this trend if you have not done so already.
Ultimately, it may very well be time to think about a new financial plan.
About the Author:
Looking to find the best deal on precious metal investing, then visit www.realmoneyusa.com to find the best advice, and also learn about Anne Trimble's fascinating life story.
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