Wednesday, April 12, 2006

Win - Win for Gold!


If the dollar again starts to decline (I believe VERY likely), along with our currently rising interest rates, this would hurt the consumer spending of heavily indebted consumers, then precious metals (gold and silver) would benefit significantly due to investment demand for a safe haven.

If the global economy evades the downturn scenario, then both precious metals and base metals (copper, zinc, nickel, uranium, oil and gas) will do well as China and India's massive infrastructure development programs continue to create rising demand for these commodities.

So, regardless of your view of the global economy, some exposure to commodities is an important part of a balanced portfolio. Gold Price Predictions and natural gold nuggets all at: http://www.california-gold-rush-miner.us

1 comment:

Anonymous said...

I've been investing in gold for the past few years. Looking back, one of the best moves I've made!

I think gold could go over $1,000 per Oz.!!!

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