Nonsense! I feel the need to post this reminder every so often when everyone starts to panic when gold and silver start losing some steam.
Yes, due to market conditions more and more investors are flocking to
cash and moving away from commodities. Especially when we have the euro crisis, JP Morgan loosing billions, middle east turmoils as well as a other factors happening in the world today. Concern or panic is not
needed. Downturns are good for the average
precious metals investor and here is why:
1. When the value of precious metals start dipping... not only
does this allow you the seasoned investor to buy gold/silver at a discount, it also allows the everyday "joe" to get into the game as well. Start padding your investments boys and girls.
2. If you are holding precious metals for the long
term to protect wealth, you should have almost zero concern. For those
that think that gold/precious metals will crash like the real estate
market, think again, history tells us otherwise as the value of precious metals has increased year after year.
3. Gold falling will not
last for long, global economic conditions are extremely turbulent and
appear to behave like a roller coaster on not just a day by day basis but now it seems more like minute by minute.
Keep on Stacking!
-Blogging4Bullion
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