In GOLD We Trust
- Author Jules Marcel
- Published December 16, 2011
- Word count 422
Twenty or so years from now, we may all look back and call these times 'The Gold Rush of the 21st Century'.
There has never been a time in our short country's history (as compared to the history of Gold) that the greatest amount of transfer of wealth from the US Dollar (or any currency for that matter) to the 'Almighty King of Gold'.
Over the past ten years smart money investors have been quietly buying and holding as much Gold as they financially can afford. Countries like China, India and Germany have been strong buyers as well. Private and smaller investors have just recently started to recognize the Power of Gold notwithstanding the negativity about Gold coming from wall Street.
A recent article in a prominent New York based publication about gold and silver demonstrated that on Wall Street they simply don't understand much about precious metals.
These so-called gurus in the Wall Street world are nothing more than Skeptics who are now questioning gold's qualifications as one of the few shelters from financial doom and gloom. They have convinced some investors to worry about whether this is the end of gold's spectacular surge. They foolishly based this on the fact that September was the worst month for gold since Lehman Brothers collapsed in October 2008.
They said, "If you bought silver or gold in August, you were financially injured in September." They were right on that point, however, they fail to mention that you buy precious metals not only as an investment but also as insurance against financial turmoil over the longer term. You shouldn't have sold your silver or gold when it corrected in September, you buy more on the corrections and cost average up. Like any insurance, gold and silver's value will pay out over the longer term, not day by day or month by month.
Remember, Gold and Silver is not a general hedge against financial calamity; it is a hedge against the loss of the purchasing power of our and the worlds paper money. It's the opposite of paper.
Don't listen to these precious metals Bears. They were wrong when Gold went from $500 to $1,000 and they were wrong again went it went from $1,000 to $1,500. They are wrong again now. Start or continue buying Gold & Silver as long as it is in a correction phase and even as it starts to move up.
Down the road your friends and family will boast about how smart you really were and you will say to them "In GOLD We Trust."
Jules Marcel is a Precious Metals expert since 1977. His knowledge and experience have helped to understand the crucial timing factors when to buy and sell Gold and Silver.
He has written many articles about Precious Metals and is considered an expert in his field. Mr. Marcel is a a Certified Numismatic Advisor.
Mr. Marcel can be contacted for consultations at j.marcel@eurasiafinancial.com or you can call him at 516-874-6570
Article source: https://articlebiz.comRate article
Article comments
There are no posted comments.
Related articles
- Understanding Cocaine: Effects, Risks, and Treatment Options Introduction
- 3 Great Passive Income Ideas for New Moms and Dads in 2024
- Avrex IO Redefines Real Estate Investment with Innovative Tokenized Ownership Approach
- Panama City's Real Estate Market: Top Neighborhoods for Investment
- Investing in a Condo or Villa in Pattaya, Thailand
- Tabania Group Rings in the New Year with a Powerhouse of Financial Services, Unveiling a Comprehensive Suite for the Digital Age
- To What Extent Has Economic Growth Improved Quality of Life?
- How to Manifest Wealth in Your Life
- Unlocking the Potential: Making Money Online with Your Phone”
- Blue economy of the world
- This Financial “FORMula” Will Help You Plan Around What Matters Most
- Losing a Parent: A Checklist and Timeline of the Financial Aspects to Address
- How to Avoid Lifestyle Creep: Try this 50/50 Rule for Saving & Spending
- (Money) Date Night: Why You Need One and 5 Topics to Discuss
- Private Placement Life Insurance (PPLI) in Offshore Trust More Useful Than Ever
- Indexed Insurance Policies Hedge against Inflation
- Should You Invest Abroad? A Complete Guide to Buying Investment Properties in Thailand
- What Are Your Retirement Planning Options?
- Daily Income Opportunity With U-Farm
- Building a Comfortable Retirement: Tips and Strategies for Investing in Your Future.
- Revocable Living Dynasty Trust (RLDT)
- Key Retirement & Estate Planning Tools
- Captive Insurance -- Details
- INDEXED UNIVERSAL LIFE INSURANCE (IUL) ADAPTS TO INFLATION AND HIGH INTEREST RATES
- GRANTOR ACCESS TO IRREVOCABLE TRUSTS -- EASE THE STRESS OF COMPLETED GIFTS
- CASH BALANCE PLUS PLAN
- Tax-Free Income Making More Sense in Global Financial Crisis
- Dynasty Trusts Guard Personal Autonomy in Hierarchic Society
- Captive Insurance Company, CIC -- Reduce Taxes and Build Wealth
- What is an RESP?