Is It Time To Invest In Gold?

By Author: Alex Carlson
Total Articles: 466
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Is it time to invest in Gold? Gold expert Mike Maloney seems to think so. Although he has been preaching the same message for a while I believe he is on the right track. In a recent video he showed us on a chart the progression of Gold vs. the dollar over the past 100 years.

Gold is currently priced in the 900 range. In order for Gold to match all the dollars and credit in circulation right now, the price would have to sky-rocket to $15,000. That is a good indication of how many overprinted dollars are currently in circulation. (Over half outside the US).

If Mr. Maloney's analysis is correct, we may never see Gold below $1000 again after this year and the US could go into a hyperinflation which would eventually mark the death of the dollar.

So now that Gold is still reasonably priced it may be time to acquire a position. Although, Silver is considered by many to be the greatest bargain right now. As Gold becomes more and more expensive people will flock to silver to store value and drive the silver price much higher in proportion to the Gold price.

We are living in difficult times for some and times ...
... of great opportunity for others.

Alex Carlson

http://www.shortoncashflow.com

Gold, Silver, Get Out of Debt.