February 1st, 2015
The Stock Market can Crash but not Gold & Silver
We’re experiencing a drastic economic change wherein a lot of investors and day traders are filled with uncertainty. The effects of Quantitative Easing has now surfaced, oil’s price is still at its lowest, the power is shifting to the east and Europe -well, let’s forget about the Eurozone. They’ll soon be out of the game anyway. What’s clear to us is that the stock market may crash anytime soon excluding gold and other precious metals -and many are convinced that this event isn’t derived from crystal balls, but from cold hard facts.
Let’s admit it, no matter how hard large financial entities fight their current situation, there’s nothing much they can do about it other than well -wait for their undoing. An excerpt from The Day Trading Academy Reviews article written by Jeffrey Hagenmeier states “Many nations including [countries in] Europe, Latin America and Japan will be in much more dire straits economically than US… The United States is due [for] a major correction in 2016. The upcoming financial and economic calamity will no doubt become known in the future as the second Great Recession.”
It’s a given that the US might not recover economically. I mean, even if you have products to sell, which country will buy them if they themselves are suffering from today’s economic climate? On a good note, precious metals especially gold and silver are having a blast these days that’s never seen before! Obviously, that’s because several major currencies are losing their purchasing power thanks to the careless massive printing of paper money (Quantitative Easing) that causes inflation. Honestly, right now, buying paper assets is the worst thing that investors can do.
I don’t have to tell you that investing in gold, silver and other precious metals is ideal right now but I advise you stash some of their physical forms as insurance for the coming storm. Trust me, gold will play a very important role this 2015 to 2016 because countries are now aware of how strong a currency that’s backed by precious metals is.