If true prosperity is the result of acting on confused information, as the old adage goes, “a fool and his money are soon parted,” the behavioral research data tells us that the bankers, the politicians and Wall Street are more likely to represent the perfect opportunity to do just that. But the brutal reality is, that with all the turmoil within the Middle East, disasters in Japan, the massive infusion of newly-printed currencies, the devaluation of the US dollar, while were to swallow how great the US income data is, and that “Gold pares loss after U.S. spending income data,” it’s a great opportunity to purchase gold and silver as a safe haven and protection hedge before it hits new heights as early as this summer!It was recently discovered that the magnetic properties of gold nanoparticles are the subject of a new benefit for gold. “Unexpected magnetism in gold nanostructures: Making gold even more attractive,” by Professor Simon Trudel, University of Calgary, explains the cause of the unexpected magnetism in gold and explores how these properties could lead to potential applications in catalysis, medicine and data storage. “The possibility of chemically turning on magnetism in gold nanostructures is a unique feature. One can envisage how gold based sensors could be designed whereby detection of a substance could lead to the onset of magnetism. Such sensors might be used in medical testing for example.”
So whilst gold has a long and fascinating history in technology, new research continues to open up stirring and innovative applications for the metal as its unexpected magnetism demonstrates cutting-edge developments. With such great developing news in gold, it is an additional exciting times for the metal ahead in the hand today. And, while I’m a great believer in the American entrepreneurial spirit, in fact, the U.S. economy stands or falls on our ability to provide enough space to allow small folks to have big-time dreams too, when times get ruff and difficult, some little folks might end up under the bus – along with their dreams. Therefore, to remain abreast of the geopolitical unrests and rising inflation fears, as it continues to bombard the world, to see great new research in gold, it is necessary to look and see how the trend in the metal is reaching new highs in esteem, a respect that will subdue those heavier concerns on the road ahead.
There’s a distinct possibility the U.S. stock market could plunge as much as 6,000 points if the U.S. continues to rack up record amounts of debt, causing the dollar to lose its reserve currency status, says Daily Ticker favorite Howard Davidowitz, and that “the dollar has never been at greater risk,” he says, being confident that if Washington doesn’t cool its spending habits, interest rates will spike and inflation will soar. Look at the value of the dollar, and the crisis is already brewing, with foreigners and sovereign nations diversifying away from dollar-denominated assets, he says. What’s an investor to do in this scenario but buy hard assets, he suggests. Davidowitz says investors should own physical gold, silver and diamonds. He also thinks land is a winning bet, even suggesting young adults buy and work farmland. “I think investment in farmland with water on it is a great investment. Finance will be less important,” in the future, he says, but gold, most important. Amidst the cacophony of news bulletins, the autocratic rule that has dominated the Middle East for decades and continues to unravel the volatility in the global oil markets points toward another overriding concern: How can we maintain an oil-flow balance in the face of such escalating uncertainty as oil prices are posting their highest levels? And will continue to do so! To combat the bad to good news: There isn’t any stopping silver! Traders favor the gray metal as being a risk aversion play because it is seen as being less expensive option says Ron Fricke president of Regal Assets. One only need to look at the record higher investment within the iShares Silver Trust, the world’s biggest silver-backed exchange-traded fund, silver has had an incredible run, up 84% in 2010 and up another 20% Y.T.D. so far in 2011.
All in all, we can anticipate that gold will hit $1,500 and silver to hit $50 extremely quickly, perhaps as early as this summer time, says Gold News…”Now could be an excellent time to make investments in gold and silver.” Gold has yo-yo’d very little. It broke upward the resistance at $1,440/oz after many failed attempts. “After having reached the new all-time high, however, Gold has sharply fallen of $20 ca, then coming back to the support at $1,431/oz and corrected some more on Monday.” But, while the Libyan crisis stays tense with NATO now in charge of policing the no-fly zone, whilst the planet continues to warily view the specific situation at Japan’s Fukushima nuclear plant, with the European sovereign financial debt problem rising once more with Portugal most likely needing help, the intermediate and long-term view for gold is bullish, but that does not imply the metal cannot consider a little step back for investors buy.
Source: http://goldcoinblogger.com
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