|
Top 3 Reasons to Invest in Gold
Today
April 20, 2007
Annual inflation and the dollar devaluation and economic collapse.
We see three major factors that
could send the values of physical gold and silver assets even
higher over the next several years:
* A $63 trillion United States'
fiscal gap. The fiscal gap measures the difference between our
government's projected future expenditures and tax receipts;
this means, according to some economists, that our government
is technically bankrupt. To help manage debt, the government
is required to print money which means rising inflation (causing
your savings to lose purchasing power). Precious metals such
as gold are one of the few safe-haven investments to protect
against inflation and unchecked government spending.
* World oil prices are rising. With OPEC's commitment to higher
prices, the geopolitical uncertainty in the Middle East, and
the very real prospect that global oil supplies will diminish
while current and increased global demand from countries such
as India and China will grow, oil prices should increase significantly.
Higher oil prices drive gold prices higher as it spurs inflation
throughout our economy.
* Since 2001, Gold and silver have more than doubled in value
while the U.S. Dollar index has fallen approximately 23%. During
the same time period, the Dow Industrials have only risen approximately
16%. Many analysts believe gold remains in a rising bull market.
Base upon these and other factors
gold could offer substantial gains as well as protection for
those who acquire gold at today's prices. Many precious metal
assets are trading at just fractions of their all-time highs
and represent what may be a bargain investment opportunity.
From: www.goldline.com
|