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 new views differ a little for each metal, but you can be sure of something: Investments in God's Money is still the right strategy for long-term success, particularly in a global economy that is beginning to fray at the seams because man's fiat-money systems-- and the investment tools built on them-- are beginning to look rather unsteady. This is becoming so evident that it's very hard to overlook.
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.
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.
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.
So, all things considered, perhaps it's now time to re-evaluate your financial strategy.
The reasons for these new views differ a little for each metal, but you can be sure of something: Investments in God's Money is still the right strategy for long-term success, particularly in a global economy that is beginning to fray at the seams because man's fiat-money systems-- and the investment tools built on them-- are beginning to look rather unsteady. This is becoming so evident that it's very hard to overlook.
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.
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.
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.
So, all things considered, perhaps it's now time to re-evaluate your financial strategy.
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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