Yesterday alone, the gold price increased nearly 1%, which was most likely caused by a short-term burst in safe-haven demand. Don’t be surprised if gold increases at least 5% this November.
New York, NY (PRWEB) November 09, 2012
The 2012 Presidential Elections are over, and President Obama has triumphed as the winner for his second term in the White House. This victory has caused financial analysts at Gold Coin to project that the gold price will increase at least 5% this November.
Arthur McGuire, Vice President of Gold Coin says “Our financial analysts believe that gold is headed towards yet another 5% increase this November as has occurred in the past 10 years, especially during election season. The gold price is shooting up right now because investors are rapidly purchasing gold in order to protect their portfolios and IRA’s from a worst case scenario after President Obama was reelected. Many investors feel that Obama will double the money supply and increase inflation, degrading hard-earned wealth over the next few years. Fortunately, gold coins are effective investments that historically counter inflation and thrive during difficult economic times.”
McGuire adds “Yesterday alone, the gold price increased nearly 1%, which was most likely caused by a short-term burst in safe-haven demand. Don’t be surprised if gold increases at least 5% this November.”
Gold Coin is North America’s most conservative gold adviser; they offer experienced and first time investors a free copy of Real Money Magazine. This publication exposes Obama’s flaws and the inevitable downfall of the Federal Reserve. To get your free copy of this publication visit http://www.Gold-Coin.com or call 1-800-776-7253.