Clues The Price of Gold is About to Fall
If you are about to invest in gold for the first time you will be (if Gold Price Analysts are to be believed) about to make a killing. However, will you know when to sell? This article outlines the best clues that the price of gold is set to fall.
When gold prices are rising and scrap gold buyers are doing their best to get you to sell your gold you might reach the conclusion that gold prices are always increasing and that gold (like some people believed real estate was) is a safe investment. Nothing is further from the truth and if you don’t sell your gold bullion stocks in time you might learn this lesson the hard way – i.e. by financial ruin.
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The First Clue
The first clue is that people who know about these things and by this I don’t mean the bankers who lost everything and had to be bailed out, I mean people who actually know. These people are experts who specialise in bullion investments. These are the people behind the surge in TV, radio and other media adverts. So, first clue is they stop advertising.
The Second Clue
The second clue is a law which has been illustrated over the past 200 years. This is (as illustrated in the graph below) that when share prices rise, gold prices fall.
Image via Wikipedia
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2 Comments
I would strongly suggest checking out the Silver and Gold Exchange before selling gold or silver to ANYONE. I did a great deal of research, online and offline, and learned a lot about this business. I checked pawn shops, jewelers, “gold parties”, hotel “buying events as well as the online buyers, including the “as seen on tv” guys. I found that the Silver and Gold Exchange paid more than anyone else I could find. I liked the fact that they post the prices they pay per gram (beware of the places that quote in pennyweight/DWT) on a live price chart at http://SilverAndGoldExchange.com I also checked out their Better Business Bureau report and found they have never had a single complaint as opposed to HUNDREDS of complaints some other companies have! I can recommend them 100%
Myself, I never trust people who spam on posts and back it up with claims. Nobody has ever complained about Wilma Proops http://WilmaProops.blogspot.com according to the Official Comedy Problem Page Bureau – see how I made that lie look good with recourse to a Bureau? You’d have to read her blog to find the truth and, as she treats some of her patients with contempt (particularly men) you’d soon realise the statement was false…