The fact that the value of gold increases in the market, does has something to do with the fact that it can re-become one day the monetary standard due to the “automation of markets mechanisms”?
Currently, it is true, gold has not hit its maximum value against the dollar. But at some point the value of gold will be greater than the mass of paper money in reserve. Then, what matters is not the quantity of money, but its velocity, as explained by John Locke. The low interest rates and the slow GDP are strong signs that gold will soon take over currencies.
Should I buy physical gold or certificates?
It is obvious. Buy physical gold and stored it at home or in establishment specialized in security valuable goods. That way you can sleep quietly. I have to remind you that in case a huge market crisis occures, your certificates labelled in euros, dollars or yen will not worth a penny.
Should I buy Gold or Silver?
For now, I advice you should stick to gold but rapidly will come the day silver will become a very interesting investment. Silver is like the outdog on commodity markets… Investors haven’t still think of it really. Its value is much less than what it is worse (in comparison with gold increase). Also if you start to think US dollar collapse, you think gold standard, then you think bi-metalism and therefore silver could soon become a refuge for investors.
What will be the value of gold by the end of the year?
Difficult to say due the realtive instability on markets. However, we can say without too much risks that gold will be near 2000$ an ounce. It will all depences on the ability of politicians to communicate a positive image on the current debt crisis. However, in 2013, there should be a strong increase of the precious metal because we still don’t see any sign of budget balances in occidental countries.
Should I buy gold now and how much I will gain from my investment?
Nowadays, anytime is good for buying gold. But don’t try to get short term profits. Gold is profitable only on the mid and long run. For the years to come, there is a very high percentage of chances that countries in deficit will not be able to pay their debts so buy gold and be patient, it will pay.
Eventually, will the dollar collapse?
Indeed, the odds are high. But it is not the end of the USA. I have to remind you that the USA is the country that possesses the biggest reserves of gold in the world, so without the dollar, they are still relatively well positionned to compete in the next world organization.
About Buy Gold Or Die Google Yahoo Directory World Ranking Website Directory SoMuch