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YOU CAN’T KEEP A GOOD MAN DOWN – TODAY’S RISING GOLD PRICE

YOU CAN’T KEEP A GOOD MAN DOWN – TODAY’S RISING GOLD PRICE

By: Christine von Liederbach
July 25, 2017
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It’s often been said that with U.S. Debt exploding, lower gold prices are similar to holding a basketball under water ….. and sooner or later guess what?………the ball shoots forcefully upward to the top.

We see that fundamental market force in action today as gold’s strong rebound and upward movement with weaker than expected US economic data. Silver also follows suit with upward movement this morning.

WHAT NEXT?
While no one can predict the future, what we can do is forecast and look to what big money is doing. Ray Dalio, the founder of Bridgewater – the world’s largest hedge fund says he is investing in precious metals now because he believes one policy that can move forward with little resistance and with support is infrastructure, which will affect the price of zinc, silver, and gold.
“If you don’t own gold…there is no sensible reason other than you dont know history or you dont know the economics of it…” Ray Dalio

SMART TIME TO BUY
According to GoldCore, “For the third time in a decade fund managers surveyed by Bank of America Merrill Lynch (BAML) believe that gold is undervalued. After the last two occasions the price of gold shot up.” Precious metals are crisis hedges, and with geopolitical and geoeconomic risks now at high levels, gold and silver prices are like a spring ready to shoot up. The old adage ‘buy low and sell high” has been a bedrock investment rule for wise investors over the decades. With the price of gold and silver well below their all time highs, don’t wait to buy gold and silver….buy gold and silver and wait!

RESOURCES:
http://www.zerohedge.com/news/2017-02-16/gold-undervalued-say-leading-fund-managers


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Although the information in this commentary has been obtained from sources believed to be reliable, The Gold IRA Company does not guarantee its accuracy and such information may be incomplete or condensed. The opinions expressed are subject to change without notice. The Gold IRA Company will not be liable for any errors or omissions in this information nor for the availability of this information. All content provided on this blog is for informational purposes only and should not be used to make buy or sell decisions for any type of precious metals.

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