Saturday, 16 July 2011

Reasons to invest in gold

Whether the economy is up or down, whether unemployment is high or low... the billionaires of the world always seem two steps ahead of everyone else.

In fact, Forbes recently reported over the past year alone, the richest people in the world are now $1 trillion richer!

That's $1,000,000,000,000... Or twelve zeros. guys like George Soros, Bill Gates, and Warren Buffett – aren't using the stock market to expand their fortunes.

In fact, they're running from investments traded in any paper currency.
Instead, they're stocking up on as many precious metals as they can afford. Here are some of the reasons you should invest in gold:-

• Global currency debasement
• Rising investment demand
• Financial deterioration in the US
• Negative Real Interest Rates in Reserve Currency
• Dramatic increases in the money supply in the US & other nations
• Existence of a Huge and Growing Gap between Mine Supply and Traditional Demand
• Mine Supply is Anticipated to Decline in the next Three to Four Years
• Large Short Positions
• Low Interest Rates Discourage Hedging
• Rising Gold Prices and Low Interest Rates Discourage Financial Speculation on the Short Side
• The Central Banks are Nearing an Inflection Point when they will be Reluctant to Provide more Gold to the Market
• Gold is Increasing in Popularity
• Gold as Money is Gaining Credence

Source: http://www.goldmarketmonitor.com

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