Friday, August 13, 2010

The Consistent Performer

precious metalsFluctuations in any market are expected. Day-to-day traders are rarely, if ever, looking to make long term investments. Instead, they tend to be focused on small sums of instant gratification with the slight chance of a risky investment yielding a large profit. Your average, day-to-day trader fits the stock market structure very well—unfortunately, however, the stock market is just as volatile as the decision-making tends to be on the trader's behalf.

There is no formula. There is no consistency. No one can tell you that it cannot be profitable—but any rational person would inform you that it certainly isn't reliable as a medium for profitability. Let's face it: not everyone has the ridiculous amount of money readily available that is necessary to take the risk in the stock market and still be financially comfortable if the investment fails.

No one should ever put all of their eggs in one basket. Assuredly, any successful day-to-day trader has long term investments that they don’t liquidate for years, like gold. If you want to successfully diversify your portfolio and achieve long-term wealth that provides the potential to embark in riskier endeavors (which, by no means, is necessarily being advocated), it is imperative that one begins to take gold, silver, and other precious metals seriously as a powerful form of wealth protection.

Despite the constant fluctuations in the global market, by and large, gold has been very consistent. In fact, gold’s consistency and behavior has been somewhat unexpected to the “brightest” economic minds of the world. Earlier in June, Ben Bernanke—the current Chairman of the United States Federal Reserve—alleged that he didn’t “fully understand the movements in the gold price” and that “gold is out there doing something different from the rest of the commodity group.”

With all due respect to Mr. Bernanke, gold is no average commodity. It is money. While it had been previously following suit, inversely at times, with the performance of the economy as a whole, recent global crises have readjusted gold and the precious metals market as not only safe-haven investments, but as something more. The global realization of currencies needing to be backed by some valuable, finite asset is clearly happening.

This is no bandwagon. This isn’t a bubble. This is a global wakeup call to a crisis that has been brewing since the Nixon Shock of 1971. If you want more information about how to invest in gold and how to protect yourself and your family for the future, call United Gold Group at (800) 615-1513, and ask for a Senior Account Executive who will help get you on the right track.

No comments:

Post a Comment