October 4, 2011 – In a word: Yes! Gold and silver are the only way to invest in these turbulent markets. The S&P is down 20% from its April peak today. How many points did the Dow lose last session? If you buy gold and silver, you don’t have to care. Gold is the best performing asset of the past twelve months. That’s right, gold. Not a Silicon Valley stock, gold.
If you’re one of the many, many Americans who have gone to work one day just to find that the shenanigans on Wall Street are draining your 401(k) like draining the blood right out of your body, consider gold and silver. Gold and silver investments are the best way to take that money back from bad bankers and ensure that you get to keep it and it keeps its value for a long, long time.
Gold and silver prices are right for entrance into the market or for expanding your portfolio right now because we’ve just experienced what’s known as a correction, or period of adjustment from an artificially high price to a slightly lower than real market value price. That means there is much less risk of movement on the downside and much more room for growth on the upside. It’s a good time to take advantage of the natural movement for some of the best prices in gold and silver coins that we’ve seen in months.
John Brynjolfsson, former PIMCO fund manager, has recently stated that because the European Central Bank is so exposed to the Greek crisis, the ideal way to both preserve your assets and play the crisis is buying gold. Trust the ECB to play it right? Sure, and while you’re at it, you might as well take Ben Bernanke’s testimony as God’s honest truth. Unless, of course, he won’t tell you what he did with the money.
You could put your hope in the bankers on Wall Street, with their bailouts and bad debts, or you could take control of your money by taking advantage of the prices of gold and silver. Why let a bleeder on Wall Street slowly rob you of your life? Find out how to buy gold and silver and take the reigns. It’s your life. Invest it right.
Senior Staff Writer – GoldSilver.org