Even Mainstream Pundits Now Believe In Metals Again
It appears that even mainstream thinkers are now doing some initial re-evaluations. Now even pundits from the globe of traditional investments are slowly coming to an understanding that we have actually been sharing with you for some time: gold and silver are positioned for a recovery in rates.
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.
Also, Uri Landesman, head of Platinum Companions LP, informed Investment News, a publication of the investment mainstream that we're looking at the end of the slide for gold. He thinks that if the stock exchange keeps plummeting for the next 12 long months, gold will act as a way to bring back financial value as individuals run away from equities. So he contends that an excellent strategy right now is to go long on gold and to go short on 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.
In regards to silver, we still see a great deal of manipulation of the rate which is just temporarily obscuring the value of the metal and this will, at some point, rectify and disrupt the plans of those that are currently distorting the rate.
The fundamentals of investing suggest a rise in silver rates. Whether this comes from rising commercial demand for the product in an international economic situation that is showing at the very least a dead-cat bounce, or because the necessary worth of silver will be recognized, the price of silver will recuperate. You need to bet on this trend if you have not done so already.
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.
Also, Uri Landesman, head of Platinum Companions LP, informed Investment News, a publication of the investment mainstream that we're looking at the end of the slide for gold. He thinks that if the stock exchange keeps plummeting for the next 12 long months, gold will act as a way to bring back financial value as individuals run away from equities. So he contends that an excellent strategy right now is to go long on gold and to go short on 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.
In regards to silver, we still see a great deal of manipulation of the rate which is just temporarily obscuring the value of the metal and this will, at some point, rectify and disrupt the plans of those that are currently distorting the rate.
The fundamentals of investing suggest a rise in silver rates. Whether this comes from rising commercial demand for the product in an international economic situation that is showing at the very least a dead-cat bounce, or because the necessary worth of silver will be recognized, the price of silver will recuperate. You need to bet on this trend if you have not done so already.
So, all things considered, perhaps it's now time to re-evaluate your financial strategy.
About the Author:
Find out more about precious metal investing, or visit Anne Trimble's personal website to learn more about her fascinating life story.
