#3 Reason to Own Gold in 2009
It is wishful thinking that the economies of the world which were mauled by corrupt market professionals and politicians for so long could be fixed in 1 short year. There will be tremendous pain in 2009 as markets continue to struggle to get rid of the malaise that started in 2008. The stock indexes will seesaw throughout the year and geopolitical tensions will explode in several parts of the world. Gold, the precious metal, is your only recourse as a safe high-yielding investment in 2009. Arizona gold nuggets
[tags] gold, gold forecast, gold 2009, gold prediction, gold predictions, spot gold, spot gold price[/tags]
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There are times when I may choose not to go long gold, but I would NEVER short it (neither would I short energy or food). Step aside if you think it is overvalued. But shorting any of these 3 is Russian roulette.
San Diego Dermatologist
Remember gold is not money (nor is oil). As real money becomes more valuable gold and oil will be sold. Gold can’t even be used to power your car. It’s useless except to gaze at.
Houston Legal Advice
The reality is we are seeing currency and credit DEFLATION.
The central banks can ‘print’ as much money as they want, but when no one will borrow/take it and loan it into circulation it doesn’t matter… You can’t get fiat money into circulation any other way.
Money and credit are being destroyed at a faster pace then the central banks can push new money back into the system.
San Diego Implant Dentist
Think about it, we rapidly increase the amount of money to stabilize money. If gold could be created the same way, it wouldn’t be worth much in the Future.
San Jose lawyer
Get ready for super inflation and be strongly prepared to have your standard of living not only reduced but maybe cut in half.
San Diego Clinical Trials