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Monday, October 20, 2008
Gold - The REAL WORLD!
 
Gold - The REAL WORLD!

In one word SHORTAGE! All Gold and silver is in mass shortage, dealers don't have any! What you see on TV and in the newspapers is the Futures prices of the paper markets. Paper Markets are scrambling for liquidity, hedge funds have gone bust, banks are now being bailed out by the government. Briefly on that subject, If the banks were such a great buy wouldn't savvy investors be snapping them up? Sure they would but they have seen the balance sheets and its ugly.

The truth of the matter is that the hedge fund debacle is nearing its end and gold should start moving its way back up rapidly in the paper markets. Physical metals have already been moving up especially low to mid grade Numismatics which never went down at all, they are making new highs, are in extreme shortage and have been far more stable.

Has Gold disappointed? Too many Investors watch the short term day to day while too few view the long term picture.

Gold is up 20-25% in the past 12 months!! Don't miss the forest through the trees. Ignore the day to day, week to week movement and enjoy the year over year gains! In this same period the Dow Jones Industrial average is down 30-35%, the S&P 500 down over 40%, the dollar is flat, virtually unchanged, add inflation over the past year combined with low saving rates and you are losing big money sitting in cash.

If you are waiting for that next upsurge in Gold you may be shocked to find yourself waiting and watching as prices explode upward because there is little to no supply. Thats the REAL WORLD.

Don't wait to buy gold. BUY Gold and wait!

JMC
 
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