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Gold Still A Sound Investment

August 28, 2012 by  

Gold Still A Sound Investment
PHOTOS.COM

Ahead of the annual monetary policy gabfest at Jackson Hole retreat in Wyoming, members of the Board of Governors of the Federal Reserve have been quietly hinting that another round of stimulus or “quantitative easing” (inflationary money printing) may be on the horizon.

Speculation that the Fed will again act and questions about its continued near-zero interest rate policy and what long-term effects a new round of quantitative easing will have on the U.S. economy have created some volatility in markets. But one area where volatility has been remarkably low (not surprisingly given historical evidence) is precious metals.

Over the next 18 months, most analysts expect gold prices to fluctuate little between $1,750 and $1,800 with a high side of $2,000. As the European Union continues to falter and talk of the U.S. economic cliff becomes louder and more constant, precious metal prices can only improve. Silver should stick it out in the mid $30s per ounce range over the 18-month period, but economic uncertainty has the potential to push the lesser precious metal to unchartered highs, according to some market watchers.

While investing in physical gold and silver is a good idea in the eyes of most well-prepared investors, it is also a good time to reap benefits from investments in precious metal-mining operations.

Over the past four weeks, gold and silver shares have outperformed Standard & Poor’s 500 index with gold up by about 3.3 percent and silver 9.1 percent. Analysts expect further upward mobility.

Sam Rolley

Staff writer Sam Rolley began a career in journalism working for a small town newspaper while seeking a B.A. in English. After learning about many of the biases present in most modern newsrooms, Rolley became determined to find a position in journalism that would allow him to combat the unsavory image that the news industry has gained. He is dedicated to seeking the truth and exposing the lies disseminated by the mainstream media at the behest of their corporate masters, special interest groups and information gatekeepers.

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  • Sirian

    Personal holdings of physical gold & silver are much less likely to disappear. Paper investments may be profitable, yet still, are very susceptible to the same as flash paper. Each to his own. . . :)

  • Patriot higgins

    Metal=thousands of years. FED= fake paper 40 years.
    Metal=no ones libility Fed= complete control
    Metal=same value always Fed= 5% left & sinking
    Metal= for the constution Fed= Exactly why NOT

    Anything that these thiefs/criminals can touch(any kind of paper)
    Is to dangerous for me. I will stick with REAL money

  • JimH

    Their time in Jackson would have been better spent touring Grand Teton National Park, instead of spent wreaking our economy.
    Time to get somemore silver, before it goes up.(with Obamanomics I can’t afford gold anymore)

  • http://na Mike in NE

    Picked up more physical in the 26′s and bought the 28 SLV calls. Sold @31′s for more fake money.

  • FreedomFighter

    Alert

    I fear that this system that is already birthing out before us will eventually evolve into some sort of implantable chip. You see these are all moves for the sake of ubiquitous computing and what transhumists and futurists call singularity. These two movements or fields of thought are funded and fueled by the eltes of banking. Your freedoms will be conditional and your privacy non existent. Long ago you Americans and much of the western populations have become the human collateral and as your economies are being killed off by design you will emerge as the new serfs on the new plantation we call Earth.

    There are no further warnings that I can give any of you that I have not said already. If you still have money on paper your a fool of fools. If your still sitting around wondering the “if” and not preparing for the “WHEN” then you are a bigger fool. What more signs can you seek? The accounts are be swept, metals are being suppressed even at $1650 plus, war is in the air, your country is about to declare martial law, many of the elites have left or have emergency relocation plans already activated. I myself am hunkered down. Prepare, if you have read my alerts from the beginning you will see a clear progression of events that is playing out right before your eyes. You would see the handwriting on the wall that Steve Quayle has been warning you about for years. Now I too am warning YOU.

    Ignore the main stream media, ignore the talking head pundits, do not listen to those who say all is well and the markets will come back. We HAVE entered into the final phase before collapse the only sign to watch is the final financial solution. The only thing you can do is prepare, watch and wait. I promise you it won’t be long now.

    http://www.stevequayle.com/index.php?s=33&d=98

    Get gold yes, after you have survival preps covered..

    Laus Deo
    Semper Fi

  • Lawrence

    Plant vegetabls. You can’t eat gold.

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