Despite what the Fed would have us believe, the economic uncertainty that has played an integral part in gold’s 550% rise over the last 12 years is far from over.
New York, NY (PRWEB) February 05, 2013
Gold may not have performed as well in January as December predictions would have hoped, but for investors prepared to go long with gold, the news isn’t as dire as it seems. Economic data released by the Federal Reserve last week reveals that the U.S. central bank is continuing to buy up huge amounts of U.S. debt, perpetuating practices that keep interest rates near zero and put the economy on thin inflationary ice. This will someday cause inflation to rise, which is historically advantageous for gold. Gold Price analysts are advising investors interested in protecting wealth and eventually profiting from gold to recognize the current relatively low gold prices as an excellent buying opportunity.
Arthur McGuire, Vice President of Gold Price says, “Although we have yet to see inflation get out of control with the Fed’s quantitative easing programs, it is only a matter of time. The bottom will drop out of these extremely loose monetary policies, and when it does, those who have hedged their finances with gold will be happy to see that the smart gold investments they made today will have broken their fall. Despite what the Fed would have us believe, the economic uncertainty that has played an integral part in gold’s 550% rise over the last 12 years is far from over. The ‘weak hands’ are too short-sighted to see that gold is going long, which is good for prudent investors looking to buy gold coins and bars now before prices inevitably rise.”
Gold Price (GoldPrice.net) is a leading precious metals advisor since 1992 with headquarters in New York, California, Texas, Utah, New Mexico and Puerto Rico. Gold Price is also a direct gold and silver dealer, specializing in purchasing, selling and trading physical gold and silver such as modern bullion bars/coins and certified rare coins. They offer investors a free award-winning gold starter’s kit by visiting http://www.goldprice.net or calling 1-800-767-1423.