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Thursday, April 04, 2013 11:42:48 AM
$FOYJ ~ Precious Metals >> Source of Security!
http://www.cammines.com/investment/precious-metals-source-of-security
Gold has been and will continue to be seen as a source of security in an economy where the currency value is declining. Investors are strengthening their positions in gold because of the fall of the Dollar. The United States national debt has reached an astounding $15 trillion and counting. Gold historically is a hedge against inflation and is considered a “crisis” commodity. There are little to no reasons why the dollar should be climbing right now.
Given that gold is counter-cyclical to paper assets, gold is often purchased to counter the effects of inflation and currency fluctuations. Gold cannot be undermined by inflation. Gold’s price appreciation makes up for lost interest, especially during a bull market.
Uncontrollable federal spending and increasing trade deficits will cause the dollar to lose value which in turn increases the price of gold. There are over $4 trillion of US debt owned by foreigners. This could cause a major decline in the value of the dollar and a soaring gold price. Analysts worry that a serious dollar sell off could create panic in the markets and lead to a global financial meltdown. There is also the threat of war and terrorism to cause the dollar to decline. Gold is a safe haven from these factors.
http://www.cammines.com/investment/precious-metals-source-of-security
$FOYJ Website: http://www.cammines.com
$FOYJ News: http://finance.yahoo.com/q/h?s=FOYJ+Headlines
$FOYJ Chart: http://investorshub.advfn.com/uimage/uploads/2013/4/3/jb[ihFOYJann.PNG
On PennyStockTweets: http://www.pennystocktweets.com/stocks/profile/FOYJ
http://www.cammines.com/investment/precious-metals-source-of-security
Gold has been and will continue to be seen as a source of security in an economy where the currency value is declining. Investors are strengthening their positions in gold because of the fall of the Dollar. The United States national debt has reached an astounding $15 trillion and counting. Gold historically is a hedge against inflation and is considered a “crisis” commodity. There are little to no reasons why the dollar should be climbing right now.
Given that gold is counter-cyclical to paper assets, gold is often purchased to counter the effects of inflation and currency fluctuations. Gold cannot be undermined by inflation. Gold’s price appreciation makes up for lost interest, especially during a bull market.
Uncontrollable federal spending and increasing trade deficits will cause the dollar to lose value which in turn increases the price of gold. There are over $4 trillion of US debt owned by foreigners. This could cause a major decline in the value of the dollar and a soaring gold price. Analysts worry that a serious dollar sell off could create panic in the markets and lead to a global financial meltdown. There is also the threat of war and terrorism to cause the dollar to decline. Gold is a safe haven from these factors.
http://www.cammines.com/investment/precious-metals-source-of-security
$FOYJ Website: http://www.cammines.com
$FOYJ News: http://finance.yahoo.com/q/h?s=FOYJ+Headlines
$FOYJ Chart: http://investorshub.advfn.com/uimage/uploads/2013/4/3/jb[ihFOYJann.PNG
On PennyStockTweets: http://www.pennystocktweets.com/stocks/profile/FOYJ
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