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After 3 years, you will be charged the standard annual storage fee of $200. Offer not valid on Bitcoin IRA.

Posted in Alternative Assets, Economy, Gold, Investor, IRA & 401-K Accounts, pension, Physical Gold, Precious Metals, Precious Metals News, Retirement, Silver, Stocks | Comments Off

4 Reasons Inflation Could Surge Soon

Inflation has always been the economic bugbear of ordinary consumers. They might not give much thought to a spike in bond yields, or an essay by, say, economist and former Treasury Secretary Lawrence Summers about a hike in interest rates. But they’ll certainly be stunned, as I was last week, on a trip to the supermarket if they catch a 30% markup in the price of a loaf of bread glaring at them from the shelves.
What’s going on here? Is this an isolated price bump in a consumer staple we’d be best off ignoring, and can feel confident will pull back in the next week or two? Or are we looking at the beginning of an economic trend that should give us concern?
We’re not trying to come off bleak. But the conditions suggesting an inflationary trend are smack in front of us. Let’s have a look at four reasons why inflation could surge soon.
InflationThe Consumer Price Index – according to the February Consumer Price Index report (CPI), overall inflation jumped at a year-over-year rate of 2.7%. While that might not sound alarming, the rate is the highest it’s been in nearly five years. As recently as almost two years ago, the inflation readings were negative.
The bounce back in energy prices from their levels in the previous year certainly had an effect. But, as the Fed looked at it, the core measure of CPI minus food and energy maintained an upward pattern of 2.2%. That metric has posted a 2.0% reading for 16 consecutive months.
Commodity Prices – On a collective basis, 45 commodities have shown a higher price – the highest they’ve been since April 2012, as compared to only ten that have been down. According to Reuters, “rising prices of commodities from vanilla to oil are stoking inflation expectations and turning investor attention to profit margins at companies, especially in consumption-related industries.” Some of these companies could easily pass on the rising costs to consumers.
According to Trevor Greetham, Royal London Asset Management’s head of the multi-asset division, “The closer you are to the consumer, then you are in a real squeeze situation ….The closer you are to the shovels, the closer you are to the commodity end.” In a similar scenario in 1994, observed Greetham, commodity prices surged, and consumers felt the brunt.
Trump Slams the Dollar – Last week, Charles Bobrinskoy, head of investment group at Chicago-based Ariel Investments, told CNBC’s Trading Nation that Donald Trump is the first president ever to try to beat down the value of the dollar. As he views the situation, the United States would be able to restore its competitive edge with a dollar that’s lower against competitive currencies.
A debased dollar also means you get less bang for the buck, and that’s precisely what inflation is all about.
A Spike in the Price of Gold – If there’s one formula you can frequently rely on, it’s the negative correlation between the U.S. dollar and the price of gold. When the greenback moves up, the price of gold moves down, and vice versa. And with the recent pummeling of the dollar, gold has experienced a sharp spike up. And such a spike is a clear signal that inflation is at hand.
While most investors don’t see the global financial system collapsing, many are diverting their investment funds into gold as a hedge against the uncertainty surrounding the current administration.
Doesn’t it make sense for you to do the same thing – to balance your portfolio against the fortunes of the dollar and the paper assets derived from it by owning at least some physical gold?
Request more information now or call 800-777-6177 now, and ask to speak to a Fortress Gold Group representative.

Posted in Economy, Global, Gold, Inflation, Investor, IRA & 401-K Accounts, Money, pension, Physical Gold, Precious Metals, Precious Metals News, US Dollar, World | Comments Off

Will Trump’s Aggressive Budget Cuts Prove a Gold Steroid?

Trump Budget Cuts Whatever your thoughts about the Commander-in-Chief’s preliminary 2018 budget proposal, you’ve got to allow him this much. He’s held to his draconian campaign promises to eliminate what he’s perceived to be fluff and waste.
To finance a surprisingly mild increase in defense spending, initial payment on a border wall, and school voucher programs, he’s proposing to gut the Environmental Protection Agency, the State Department, and the Department of Agriculture.
The President is also suggesting, among others, cuts in the Department of Commerce: trimming $250 million from coastal research programs that prepare communities for seas that are rising and more severe storms. He intends to eliminate a $73 million Sea Grant program, as well as the entire Economic Development Administration, which provides grants to struggling communities.
Trump is cutting the Education Department by 14%- including grants for teacher training, after school programs, and support for low-income and minority college students. But these cuts will accompany a $1.4 billion investment in charter schools, and private schools.
Needless to say, the beat goes on. If Congress approves the President’s budget, the Department of Health and Human Services (HHS) will be forced to endure an 18% cut, and the Department of Housing and Urban Development (HUD) a 13% cut.
Certified Investment Adviser and precious metals analyst Arkadiusz Sieroń writes that Trump’s budget could be derailed or delayed because many Republicans will object to some of its key points. He also points out that, because of the budget’s “bumpy road” ahead, gold will find support as a reaction against an uncertain economy.
After all, there’s nothing in the President’s budget proposal about the development in infrastructure he promised his voter base. He has postponed publicizing the details of this mammoth initiative until May. In the meantime, according to Sieroń, investors and voters could lose faith in this initiative. If Republicans chip away at the President’s proposed budget, investors could easily become disappointed. Financial disappointment of any sort makes gold a desirable counterbalance for investors looking to protect their portfolio.
Meanwhile, for all the President’s campaign promises about getting Mexico to pay for a border wall, his budget proposal reveals that the cost for keeping illegal Mexicans and drugs from crossing the border will cost U.S. taxpayers mightily.
Included in Trump’s budget proposal is a $2.6 billion investment on “tactical infrastructure,” and $314 million for the hiring and training of 500 border-patrol agents and 1,000 Immigration and Customs officers in 2018.
Trump’s plan also specifies an additional $1.5 billion for detaining and deporting unauthorized immigrants, and $15 million for a national E-verify system designed to reduce unauthorized employment.
Yet the President’s budget proposal reveals his staff might have been unaware of or disregarded February’s Homeland Security report indicating an estimated cost $21.6 billion for the wall’s construction and maintenance.
In short, President Trump’s radical budget changes prompts the kind of uncertainty that could drive gold to much higher prices in the months to come. You’d be wise to accumulate as much of the yellow metal as possible at its current price.
Request more information now or call 800-777-6177 now, and ask to speak to a Fortress Gold Group representative.

Posted in Economy, Global, Gold, Inflation, Investor, IRA & 401-K Accounts, pension, Physical Gold, Precious Metals, Precious Metals News, Retirement, Silver, Stocks, Trump, US Dollar, World | Comments Off

Has Our Economy Become Caught in a Bubble?

5 Charts that Suggest the Value of Your Nest Egg Could Soon Drop.
Just when you thought your savings were secure, and that you were ahead of the game. Sure, we’ve heard the adage “what goes up must come down.” But never did it occur to most of us this particular stock market – one that’s been endlessly screaming “up, up, and away” – could turn around so fast.
The most recent reason for this market about-face has been the meetup – bumping of heads is more like it – between Congress and the President on the health-care bill last week. If Congress doesn’t give Trump what he wants, the pushback will send a signal to Wall Street that the President is going to have trouble with his proposals for taxes and the infrastructure.
Much of the recent stock market climb can be attributed to Wall Street’s optimism about these issues. March 23rd, 2017, House Republicans announced a postponement of the vote on the Affordable Health Care Act. Now the President has more time to garner additional support.
Still, observers and traders have been aware a market turnaround has been in the cards for a while. Have a look at Chart 1 on stocks purchased with margin/leverage Debt:
margin debt
When investors “buy on margin,” they buy up to 50% of the price of a stock with a loan from their broker or bank, using the stock itself as collateral. Needless to say, the investor/borrower is taking a risk. If the stock moves down in market price, he’s liable for the loss. If it goes up, he can claim a windfall.
Chart 1, then, is one measure of the optimism of investors. It shows the rate of margin-buying from 2009 through 2016 -a clear sign of investor’s upward expectation of the S&P 500, as expressed by their willingness to take out loans for additional share purchases.
These expectations are bound to be dashed or, at the very least, modified if the President of the United States is unable to make good on his economic promises. It means less money for investing in re-building and development of the infrastructure. Particularly if you’re holding stocks in your portfolio related to construction or finance, you have a legitimate cause for concern.
Now look at chart 2.
After a promising recovery in 2016, the stock-market climb is beginning to show a flattening-out curve in 2017. According to the Daily Reckoning:
“When stock market prices reach such highs, some would argue that it becomes outright dangerous to own and invest in stocks. The potential for a massive bubble at such heights in places seen like the Russell 2000 should offer particular alarm.”
Chart 3 reveals another alarming trend:
As the price levels of S&P 500 stocks have climbed since 2014, their earnings have decreased. Stocks can’t continue to sustain high prices with decreasing earnings. Clearly, a correction is at hand. And it would behoove you to prepare for such a correction if you’re holding any of the S&P 500 in your portfolio.
Now look at chart 4:
Housing Prices
The price of real estate is moving up. This development, coupled with the Fed Hikes in interest rates mapped out for the rest of the year, is bound to take a chunk out of the American consumer’s wallet. And this goes hand-in-hand with the development presented in chart 5:
Household Debt
Household debt is high. How high is “high”? One way to measure household debt is to express it as a percentage of Gross Domestic Product. Obviously, we’ve come a long way since 1968. Americans have taken on quite a financial burden since that time.
Given these trends, then – the percentage of stocks bought on margin, the overall reduction in stock purchases, the decrease in earnings of S&P stocks, the price of real estate, and the climb in household debt, it’s fair to say the United States is approaching a sizable economic bubble.
All indicators suggest we should now be relying on hard assets rather than paper assets. Once again, we can only stress that physical gold remains the most reliable of all the hard assets. It’s proven itself over thousands of years, it represents no one’s liability, and it has survived almost every form of fiat currency up until the present day. The jury is out on the dollars you now hold.
Request more information now or call 800-777-6177 now, and ask to speak to a Fortress Gold Group representative.

Posted in Alternative Assets, Economy, Global, Gold, Inflation, Investor, Physical Gold, Precious Metals, Precious Metals News, Retirement, Silver, US Dollar, World | Comments Off

4 Appalling Mistakes to Avoid When You Invest in Stocks

In a bull market, stocks can seem like a siren song. Admit it – you’re tempted to throw money at the market after Tuesday’s and Wednesday’s market performance, aren’t you?
Especially since the Dow Jones Industrial Average (DJIA) and the S&P 500 took an appreciable breather from a 109-day winning streak, initiated Tuesday by a disappointing downturn in financial and industrial stocks.
In fact, the stock market turned in its worst performance year-to-date these last few days. Wednesday, The Dow Jones industrial Average dropped 238 points, its biggest one-day percentage loss since September 13. The Standard & Poor’s 500 slid 29.35 points.
Need you worry? After all, don’t the gurus preach that a true correction occurs only when the market dips a whopping 20%? That kind of market is nowhere in sight … yet. What currently is pummeling the market is a political issue – the uncertainty associated with the Republicans to muster enough votes for a Healthcare Package to replace Obamacare.
If you’re like many investors, you’re pleased that the market took a very short trip south, but didn’t tank altogether. This particular market setback will give you a chance to pick up some bargains.
Or so you hope.
But while buying on a slight dip honors the conventional wisdom for entering the market at a good price, now is a time for you to be especially careful.
Here are 4 appalling investing mistakes that could decimate your stock portfolio.
Chasing a “hot” stock. Sure, you’d love to pick up shares of the next Apple or Facebook. Wouldn’t all of us? But chasing glamour stocks has never made for a decent investment strategy, observed Yale University finance professor Roger Ibbotson back in 2014. According to Ibbotson, “there’s too much interest in them.”
A study by Ibbotson and Thomas Idzorek, president of Morningstar Investment Management, showed that information with minimal impact on future returns often leads whimsical investors to drive up prices. Unlike Warren Buffett, for instance, who famously chooses stocks for their intrinsic value and holds for the long term, hot-stock investors look for circumstances and numbers that offer dizzying short-term results and lead to investor over-confidence.
When you feel tempted to try for an explosive short-term hit, give some thought to Enron, the company Fortune Magazine named “America’s Most Innovative Company” for six consecutive years, before it was revealed the organization was tacked together on fraudulent schemes.
Or think about Blockbuster CEO John Antioco who myopically declined a partnership offer from Netflix in 2010, and found himself filing for bankruptcy shortly thereafter.
In short, remember that your overreliance on “hot stocks” could eventually wipe out the retirement savings you worked years to accumulate.
Failure to consider a company’s earnings per share (EPS). A company’s earnings per share is simply its net profit allocated to each outstanding share of company stock. It’s an excellent way to track the growth of a company, or to detect one of its weaknesses over several years. It’s a constant you can depend on when you evaluate companies in your portfolio. Turn a blind eye to it at your own risk.
Failure to monitor your portfolio and diversify.Companies change. Economic conditions change. What seemed like an excellent investment one year might not seem so the next year. It’s important for you to stay on top of your investments and to diversify your holdings.
Failure to hedge your stock portfolio with hard assets. Keep in mind that, ultimately, a stock certificate is a piece of paper. A company’s value can alter through a management shuffle, a strike, unforeseen competition, or regulatory changes. It’s important to fortify your portfolio with hard assets.
The best of the hard assets is physical gold. The shiny metal has intrinsic value. It’s negatively correlated to the U.S. Dollar, and therefore, to the stocks you hold in your portfolio. In other words, if the stock market begins to falter, and your stocks begin to slide, if you have physical gold in your portfolio, your chances of balancing any loss in these stocks remain good to excellent.
Request more information now or call 800-777-6177 now, and ask to speak to a Fortress Gold Group representative.

Posted in Economy, Global, Gold, Investor, IRA & 401-K Accounts, Money, Physical Gold, Precious Metals, Precious Metals News, Retirement, Silver, Stocks, US Dollar, World | Comments Off

Fed Hikes Rate, Gold Reacts with $20 Price Surge

In what can only be considered the first quarter’s most uncontroversial and widely expected financial move, Fed Chair Janet Yellen announced a raise in the overnight funds rate this afternoon (March 15) to a target range of 0.75 percent to 1 percent. Minneapolis Fed President Neel Kashkari was the sole “no” vote.
Gold Price Flouts
Virtually boring in its impact, the Fed move has been characterized in a CNBC interview by bond king Bill Gross of Janus Capital Growth as a part of “the old usual” economy rather than “the new normal economy.”
State Street Global Advisors chief investment strategist Michael Arone claimed the market interpreted the Fed decision as a sign of relief. He said it “was bracing for a much more hawkish tone from the Fed.” And now that the market has accommodated this news, the Federal Open Market Committee (FOMC) has efficiently prepped the nation for two more rate hikes by the end of the year.
But clearly the unheralded financial superstar of the Ides of March was gold. On a simple dollar correction, the yellow metal bolted $20.00 on the COMEX for the day’s close at $1,219 per ounce. A weaker dollar always provides a shot of steroids for gold.
In fact, Peter Spina, President of, views the spike in the shiny metal as a defensive accommodation for future inflation, a phenomenon Fed Chair Yellen said the FOMC sees down the road. And if the market senses inflation will move faster than the Fed says it will, Spina predicts gold will climb to the $1,400-1,500 level later this year.
For all the Fed’s manageable predictions, the possibility remains that President Trump’s development plans for the country, with congressional support, could become the nation’s principal economic stimulus, in which case, gold could easily soar beyond $1,500. That kind of government spending will ignite inflation.
Doesn’t it make sense, then, for you to add some physical gold to your portfolio at its current price? It’s the best financial insurance you could possibly buy in the current economy.
Request more information now or call 800-777-6177 now, and ask to speak to a Fortress Gold Group representative.

Posted in Economy, Global, Gold, IRA & 401-K Accounts, Money, Physical Gold, Precious Metals, Precious Metals News, Silver, Stocks, Trump, US Dollar, World | Comments Off

Trump vs. Yellen – Is the U.S. at an Economic Crossroads?

Gold Price FloutsTrump vs. Yellen. Ring a bell? Does it make any sense at all? Is this a private squabble we’re just learning about? Or is it more like the Gun Fight at The OK Corral – out-and-out disagreement about how to manage the economy?
After all, according to most accounts, Fed Chair Janet Yellen is a quiet, modest and affable person. In 2013, just about 4 months before she ascended to the Fed Throne, a profile at portrayed her as a brilliant economist who is “accessible” and “likable.” While she believes that the U.S. economy needs some inflation to achieve growth, she’s of no mind to let it explode. To do so, she believes, will invite trouble – quite possibly a recession. True to her character and training, then, Yellen prefers a measured approach. She wants to keep the brakes on the nation’s economic growth.
President Trump begs to disagree. A hit-and-run entrepreneur by temperament, the new Commander-in-Chief is hellbent on accelerated, even explosive, growth for the U.S. economy. He wants to keep his campaign pledges at all costs – reshape the nation’s infrastructure, create jobs, deport immigrants, and build up the military.
He’s made no secret of his feelings about Janet Yellen. During his campaign, Trump accused her of keeping rates low or nonexistent to make then-President Obama look good. And now that he’s President, he’s forced to put up with a Fed Chief who wants to make him look just the opposite. Or so he thinks.
But from everything we know about Fed Chief Yellen, her stance on Trump or, for that matter, any president at the helm, remains neutral. Not just because she happens to be a non-combative personality, but because the nature of her job, as she interprets it, happens to be more of a team monitor of the Federal Open Market Committee (FOMC) than a central bank autocrat at the interest-rate switch.
Not only that, Yellen knows full well that Trump, in his inimitable fashion, can’t simply say to her “you’re fired.” In keeping with the Banking Act of 1935, the United States President appoints the seven members of the Board of Governors of the Federal Reserve System who, in turn, are confirmed by the Senate and serve for 14 years. The president also selects the chairman and vice-chairman from among the sitting governors who, in turn, need to be confirmed by the Senate. Once confirmed, they serve for 14 years.
In short, when it comes to the Federal Reserve, President Trump has his hands full. By law, he can only fire Janet Yellen for cause. He can try to stimulate growth all he wants, but he can’t, as Commander-in-Chief, tweak interest rates already set down by the Fed’s Board of Governors. And these rates are what ultimately prime the engine of growth. So any news of the President and the Fed Chair on a “collision course,” as the New York Times recently put it, is a bit overstated.
When the FOMC convenes in the next two days, they will most certainly hike interest rates. They will do so because they believe the U.S. economy is functioning at a “maximum sustainable pace,” a belief in direct conflict with what President Trump happens to believe or, rather, wishes to be the case.
As investors, we’ll all have to deal with the effects of the Fed decision on the economy. Will the stock market continue to blaze forward? Or will it crash and burn?
And will the President forge ahead with his spending plans?
The uncertainties now associated with your investment in paper assets suggest a strong basis for your adding physical gold to your portfolio.
You simply can’t risk the exposure to your nest egg to do otherwise.
Request more information now or call 800-777-6177 now, and ask to speak to a Fortress Gold Group representative.

Posted in Economy, Global, Gold, Inflation, Investor, IRA & 401-K Accounts, Money, Physical Gold, Precious Metals, Precious Metals News, Retirement, Stocks, Trump, US Dollar, World | Comments Off

Stable Gold Price Flouts Economic Indicators

The big news is in – the monthly jobs report from the U.S. Department of Labor, a sacrosanct economic indicator if ever there were one. The U.S. added 253,000 jobs in February, and the unemployment rate dropped to 4.7%.
No doubt about it. This is the kind of news professionals routinely exploit to forecast good tidings for the nation’s economic health. According to George Washington University economist Tara Sinclair, “It’s definitely a solid report.” In fact, she feels confident the Federal Reserve will use this report, among other news, to justify a rate increase when its Federal Open Market Committee (FOMC) convenes next week.
The U.S. job market underwent an upsurge in construction, health care services, manufacturing, and mining last month. And the U.S. Department of Labor added the creation of 9,000 jobs to the December, 2016 and January, 2017 numbers it had previously released.
We shouldn’t be surprised, then, that the stock market reacted accordingly. The S&P index SPX gained 5 points, the Dow Jones Industrial Average DJIA added 12 points, and the Nasdaq Composite Index COMP tacked on a whopping 18 points.
Gold Price Flouts
All told, though, gold has recovered to the tune of 7% since the presidential election. The yellow metal, then, is flouting the economic indicators that traditionally pave the way for its downward move. And, according to analyst Dominic Schnider of UBS Management in Hong Kong, the gold market has already priced in the expectation of rate increases.
The strength we’re now seeing in gold – its defiance of traditional fundamentals – has to do with investor uncertainty about what President Trump will do next. While he has predictably signed a slew of executive orders authorizing regulatory cutbacks, he’s also revised his plans on the fly for altering Obamacare. Also, Congress, including his Republican colleagues, are not readily going along with his plans for the economy.
Investor sentiment veers now toward the possibility that the stock market could correct on the dime. And as UBS’s Shnider reads the cards, a drop in the gold price below $1,200 could spark investor need for a safe haven. Up $4.00 today on the COMEX, the spot price of gold is $1,201, portentously close to Shnider’s suspected turnaround level. Also, it’s especially significant that long positions of hedge funds and money managers in COMEX gold have almost tripled this year.
Under the circumstances, private investors would be wise to temper their investments in paper assets with a solid position in physical gold. It’s fair to say that the political uncertainty that now dogs the stock market will be with us for at least four years. And you’d best be on your guard when it comes to protecting your retirement account.
Request more information now or call 800-777-6177 now, and ask to speak to a Fortress Gold Group representative.

Posted in Alternative Assets, Economy, Global, Gold, Inflation, Investor, IRA & 401-K Accounts, Money, Physical Gold, Precious Metals, Precious Metals News, Retirement, Stocks, Trump, US Dollar, World | Comments Off

Gold Reserves of Russia on Track to Surpass Those of China

The world’s central banks all store physical gold. They do so as a hedge against inflation, to maintain a hard asset on their books with universal value, and as backup against the possible debasement of their currency. Many nations also do so as a holdover – an institutional habit – from the now-dissolved Bretton Woods agreement of 1944. This agreement was an ambitious attempt to set up an international monetary order among the United States, Canada, Japan, Australia, and the nations of western Europe.
Gold Reserves of Russia
Although President Richard Nixon effectively ended it when he ordered the U.S. dollar to float free of gold, the International Monetary Fund (IMF) and the dollar as the world’s reserve currency serve as the Bretton Woods Agreement’s legacy.
Still, paper money makes central banks uneasy. The lessons of Weimar Germany, Zimbabwe, and, more recently Venezuela, are too difficult to ignore. And now, with President Trump beating the drum about China’s manipulation of its currency, gold is a natural insurance against financial disaster for any central bank.
Yet China seems to have taken a breather in its gold purchases, and Russia is playing an impressive game of catch-up. According to London-based writer Lawrence Williams, Russia could soon surpass China as the world’s fifth largest national holder of gold.
IMF records show that Russian gold reserves are dragging those of the Chinese by only 200 metric tons. As of January, Russia can boast 1,645 metric tons of the yellow metal as compared with China’s 1842.6 metric tons. If Russia keeps up its pace of gold purchases, and the Chinese continue to ease up on theirs, Russia stands to outdo China by the beginning of the fourth quarter of this year.
Russia is the third largest gold producer right behind China and Australia. After a recent bout of international sanctions against that country because of its military actions in Ukraine in addition to a recent decline in oil prices, the Russians are faced with a debasement of their ruble and other challenges to their economy. And now that China is calling for the IMF to include gold in its basket of currencies that serve as Special Drawing Rights (SDR), Lawrence Williams feels some will argue that gold should be treated as a currency. If this happens, Russian Premier Vladimir Putin, a known lover of gold, could be sitting in the catbird seat.
One thing seems even more certain, though. Both Russia and China would love to see the U.S. dollar toppled from its kingpin role as the world’s reserve currency. And as these countries accumulate more of the shiny metal, their international influence toward that end becomes more assured.
Request more information now or call 800-777-6177 now, and ask to speak to a Fortress Gold Group representative.

Posted in Alternative Assets, Bitcoin, China, Economy, Global, Gold, Inflation, Investor, IRA & 401-K Accounts, Money, Physical Gold, Precious Metals, Precious Metals News, Retirement, Silver, Stocks, US Dollar, World | Comments Off

Gold Continues to Perform as Fed Increases Benchmark Rate

Gold Maintains Traditional Financial Role Making any investment can be a thoughtful enterprise. And it should be. Impulsiveness, overconfidence, and arrogance have wiped out the smartest of investors. Jumping at the bit is no way to handle your nest egg. For example, if Wall Street is touting a public company that, nonetheless, shows weak earnings, you’d probably best steer clear of its stock. You could easily wind up a casualty of a brokerage pump-and-dump scenario.
On the other hand, you could find yourself waiting interminably to make an investment decision. Once you do finalize your due diligence about a stock, a commodity, or a piece of real estate, or any investment, failure to move on what you’ve learned can prove injurious to your financial future. At some point, you either have to pull the trigger or abandon the idea altogether. A wait-and-see outlook is rarely a good idea.
That said, it’s less problematic to invest in gold than it is in most stocks. Gold has a longer history by which to judge when to invest. We know, for instance, that an increase in rates like the Fed initiated just minutes before this writing will most often accompany a decrease in the price of gold. Investors will often lead towards interest-bearing assets.
But in the last couple days, the gold market has already factored in an anticipated increase in the benchmark rate. And while no one can predict an exact price for gold, some international observers feel the glory days of the dollar are pretty much behind us, and the upside outlook for gold is promising after some struggle against additional interest-rate increases later this year.
Georgette Boele at Abo-Amro, for instance, forecasts a gold price of $1,300 per ounce by the end of the year and beyond. Others envision a more ambitious outlook for the yellow metal based on investors’ lack of confidence in the G-20 to ignite positive changes in global growth.
Gold, in this case, takes on its traditional role as a risk-on protector of investment portfolios and retirement accounts. And that’s exactly why you should include gold in your portfolio. It serves as insurance and a stabilizer against an equities market that could easily go haywire on you. Could go down from here? Absolutely! But not by much. In fact, now is the time to dollar-cost-average your purchases of physical gold, whether it moves down or up from today’s spot price of $1,234.00 per ounce.
As we’ve stressed before, don’t wait to buy gold. Buy gold and wait. You’ll sleep better once you’ve done so.
Request more information now or call 800-777-6177 now, and ask to speak to a Fortress Gold Group representative.

Posted in Alternative Assets, Economy, Global, Gold, Investor, IRA & 401-K Accounts, Physical Gold, Precious Metals, Precious Metals News, US Dollar, World | Comments Off