Gold investment is not
risky
Gold Investment - 1 August
2011
Gold is perceived to be a more stable currency and
asset now that all forms of treasuries are being questioned such as Treasury bonds, Treasury notes and Treasury
bills. Inflation is rising globally and currencies are being debased and this is adding to the value of
gold. Added to that, everyone is focusing on debt in the Eurozone, although American debt levels are at far
worse levels. All of this is not aided by the very real threat of a global and American recession if not a
complete collapse of the existing global monetary system based on fiat
currencies.
Invest in precious metals today!
Contact us for details.
Invest in precious metals today! Contact us for details.
All of this is happening at a
time when there is conflict in the Middle East and unrest in Africa and the Middle East. The market is so sensitive
to increasing interest rates that Asian Indices were higher with the exclusion of stocks in India which lowered
after the 50 base point interest rate hike which came as a surprise to many.
Invest in precious metals today!
Contact us for details.
Invest in precious metals today! Contact us for details.
As signs are evident of a
recession in Britain, the European indices are to a large extent lower. In the 2nd quarter, there was only a 0.2
percent increase in UK GDP. This was worse than the first quarter figure of 0.5 percent, which was already deemed
to be sluggish. This slow growth occurred even though the interest rates were at 0.5 percent, which is low in
relation to interest rates of the past.
|