Austin, TX (PRWEB) October 22, 2012
Absolute Wealth, the innovative and informational online investment and financial source, has published the latest article from Managing Editor David K. Miller. The online piece refers to the “silly season” prior to the Presidential election, when stocks typically have impressive numbers.
Miller’s prediction from last summer, when the market was struggling, was that a rally would improve things enough to reach all-time highs for specific stocks and sectors.
“But anyone with a functioning brain can see that behind the silly season facade, there are looming problems that could slay the bull market without mercy,” said Miller in the article.
Miller describes the acquisition of gold as the best hedge against an American dollar collapse.
“Whoever wins the Presidency, the lame duck session of Congress is likely to do tremendous damage because of the expiring Bush Tax Cuts, the Defense sequestration, and the possibility of another debt ceiling fight,” predicted Miller in the article.
Miller said that there’s likely no reason to prop up the market, and the downside risk is going to increase in the coming months and years after the election. “Now would be a good time to make sure you can derive at least some of your income from gold instead of just dollars,” suggested Miller.
David K. Miller is an investment and financial expert who writes, analyzes, and advises as Managing Editor of Absolute Wealth. His experience as a professional trader has led to a vast knowledge of modern techniques and strategies, and many of the programs, Special Reports, and other features from Absolute Wealth and the Independent Wealth Alliance originated from Miller, or included his input in one form or another.
Absolute Wealth is an expert team of real investors and advisors devoted to identifying winning strategies for exceptional returns. Members subscribe to the company’s Independent Wealth Alliance for professional investment analysis and recommendations on the latest market trends and progressions. For more information and subscription instructions, visit AbsoluteWealth.com.