It looks like traditional thinkers are now doing some original re-evaluations since even pundits from the globe of traditional investments are now catching on to an idea that we've been sharing with you for a long time: gold and silver are positioned for a recovery in prices.
The reasons for these prospects vary a bit for each metal, but you can be sure of one thing: Investments in God's Money are always and still the right long-term strategy, especially in a world that continues to fray at the seams and where man's fiat-money systems - and investment instruments built on them - look increasingly shaky. This is becoming so obvious, it's hard to ignore.
Yes, the price of gold has actually dropped by about one-third from a September 2011 higher of around $1,900 an oz. However, as we anticipated back then, this would certainly reverse in time. So finally now secular investors think that gold has actually gotten to a floor where the reasons for investing in precious metals will begin to stack back up.
Also, Uri Landesman, head of Platinum Companions LP, informed Investment News, a publication of the investment mainstream that we're looking at the end of the slide for gold. He thinks that if the stock exchange keeps plummeting for the next 12 long months, gold will act as a way to bring back financial value as individuals run away from equities. So he contends that an excellent strategy right now is to go long on gold and to go short on stocks.
Furthermore, Landesman and others think gold cannot decrease any further due to the fact that at $1,200 an ounce, it is very close to a breakeven level for mining and manufacturing firms, suggesting that they'll stop pulling gold out of the ground if the rate goes any lower at all -- prompting a reset in pricing that will, consequently, help sustain the value of this 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.
So the fundamentals remain in position for a surge in silver prices. Whether it comes because of a climbing commercial need for the commodity in a worldwide economic situation that is showing at least a dead-cat bounce, or because the essential value of silver will certainly recuperate. You should bet on it if you have not currently invested in silver.
It may be time to rethink your financial strategy.
The reasons for these prospects vary a bit for each metal, but you can be sure of one thing: Investments in God's Money are always and still the right long-term strategy, especially in a world that continues to fray at the seams and where man's fiat-money systems - and investment instruments built on them - look increasingly shaky. This is becoming so obvious, it's hard to ignore.
Yes, the price of gold has actually dropped by about one-third from a September 2011 higher of around $1,900 an oz. However, as we anticipated back then, this would certainly reverse in time. So finally now secular investors think that gold has actually gotten to a floor where the reasons for investing in precious metals will begin to stack back up.
Also, Uri Landesman, head of Platinum Companions LP, informed Investment News, a publication of the investment mainstream that we're looking at the end of the slide for gold. He thinks that if the stock exchange keeps plummeting for the next 12 long months, gold will act as a way to bring back financial value as individuals run away from equities. So he contends that an excellent strategy right now is to go long on gold and to go short on stocks.
Furthermore, Landesman and others think gold cannot decrease any further due to the fact that at $1,200 an ounce, it is very close to a breakeven level for mining and manufacturing firms, suggesting that they'll stop pulling gold out of the ground if the rate goes any lower at all -- prompting a reset in pricing that will, consequently, help sustain the value of this 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.
So the fundamentals remain in position for a surge in silver prices. Whether it comes because of a climbing commercial need for the commodity in a worldwide economic situation that is showing at least a dead-cat bounce, or because the essential value of silver will certainly recuperate. You should bet on it if you have not currently invested in silver.
It may be time to rethink your financial strategy.
About the Author:
Learn more about precious metal investing. Also, stop by Anne Trimble's site where you can find out all about her fascinating life story.
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