Thursday, October 14, 2010

Market Specialists? More Like Market Amateurs

value of gold

When gold broke through the $1,000 barrier in March of 2008, many so-called market specialists predicted that the “gold bubble” would immediately burst, resulting in a sharp plunge in the value of gold. The same thing happened when gold broke $1,100, $1,200, and, more recently $1,300 in September of 2010.

Regrettably, these market “specialists” are no different than the same experts advising people with “hot stock picks” and various other high risk investments. All the while, as their investment advice tanks, gold and the precious metals market as a whole continues to climb in a steady, positive direction, indicating sustainable appreciation. Moreover, with continued concern over currencies, credit, and other negative economic indicators, the precious metals market has reclaimed its position as an investment safe haven.

Gold continues to climb. As it begins its journey towards flirting with $1,400, there will be rumblings of a massive dip in value. Admittedly, the market may correct itself—but we speak of pennies on the dollar compared to the growth it will continue to experience. This correction will occur at every broken threshold, as long-term investors aim to take profit spurred on by fear and uncertain territory. However, a correction is very different from a bursting bubble. The gold market will continue to move forward positively as long as federal, national, and global debt accumulates, as long as currencies remain unsubstantiated, and as long as unemployment remains atrocious.

Every “market specialist” has offered an opinion on what immediate actions need to be taken to turn the country a complete one hundred and eighty degrees. Unfortunately, these recommendations are coming from people who were created within the collapsed system of credit, debt, and production (or lack thereof). There is no quick fix. To truly address all of these negative economic conditions will take a very, very long time. It took decades to cause these crises—to think that one can reverse decades worth of poor decisions overnight is to live in a fantasy world.

The time is now to buy gold. As the world becomes more educated on the crisis at hand and as gold continues its massive climb, the window of opportunity will close. Protect your future today.

Call United Gold Group today at 1-800-488-3903, and ask to speak to one of our Senior Account Executives, who will be more than willing to help you with your precious metals investment needs.

Call Today: 1-800-488-3903

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