Showing posts with label precious metals market. Show all posts
Showing posts with label precious metals market. Show all posts

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

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.