Friday, February 5, 2010
The future of the Social Security system could be shaky.
- By Bruce Sands
Investors have been consulting with gold and silver dealers for years because of concern about economic instability and the long-term prospects for its recovery.
However, a recent report is giving investors a whole new reason to worry about the state of their finances heading into the future.
An article from Fortune Magazine highlights data from the Congressional Budget Office showing that for the first time in more than two decades, the Social Security system is receiving less in taxes than it distributes in benefits, which invites speculation about the long-term future of federal entitlement programs.
The magazine notes that this raises the danger that as a result, Social Security could require a massive government bailout not unlike the massive infusions of cash that were provided to a number of major corporations as the recession was getting underway.
If the U.S. was to default on its debt obligations or to pay for its largest entitlement programs, the ensuing financial ramifications would likely cause great difficulty and potential chaos in the world markets. With that in mind, investing in precious metals like gold and silver is a sound safeguard against possible setbacks in the future.
News brought to you by Superior Gold Group – expert gold dealers offering precious metals products. Become part of the gold affiliate program today!
Contact The Superior Gold Group and learn how to get on the gold standard at www.gold101.com or Call (888) 374-4032.
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Saturday, February 6, 2010
Tuesday, February 2, 2010
Shaky global economy an opportunity to invest in dealer gold
Wednesday, January 27, 2010
The economic recovery may not be working out as well as some had hoped.
- By John March
Despite the widespread perception that the worldwide recession is over, there are still a number of factors that could result in unpredictable economic conditions in the coming months, from concerns about inflation and the strength of the dollar to the threat of a double-dip recession.
In fact, economists attending the World Economic Forum annual meeting this month expressed concern that policymakers around the world are so focused on certain issues in the financial world that they are overlooking other crucial matters.
An announcement from the forum cited various economists warning that high-profile issues like executive compensation are getting extra attention while other matters, such as risk management and transparency, may not get sufficient action.
Economist Nouriel Roubini was quoted as citing the risk of a double-dip recession because of weak labor markets and poor credit conditions. He also suggested that emerging economies could do better in the short term than advanced ones, while warning that emerging economies could reduce their growth potential by adopting the same regulatory measures as developed nations.
With little certainty about what is next for the global economy, investors can consider traditional options like gold and silver in light of such concerns.
News brought to you by Superior Gold Group – expert gold dealers offering precious metals products. Become part of the gold affiliate program today!
Contact The Superior Gold Group and learn how to get on the gold standard at www.gold101.com or Call (888) 374-4032.
The economic recovery may not be working out as well as some had hoped.
- By John March
Despite the widespread perception that the worldwide recession is over, there are still a number of factors that could result in unpredictable economic conditions in the coming months, from concerns about inflation and the strength of the dollar to the threat of a double-dip recession.
In fact, economists attending the World Economic Forum annual meeting this month expressed concern that policymakers around the world are so focused on certain issues in the financial world that they are overlooking other crucial matters.
An announcement from the forum cited various economists warning that high-profile issues like executive compensation are getting extra attention while other matters, such as risk management and transparency, may not get sufficient action.
Economist Nouriel Roubini was quoted as citing the risk of a double-dip recession because of weak labor markets and poor credit conditions. He also suggested that emerging economies could do better in the short term than advanced ones, while warning that emerging economies could reduce their growth potential by adopting the same regulatory measures as developed nations.
With little certainty about what is next for the global economy, investors can consider traditional options like gold and silver in light of such concerns.
News brought to you by Superior Gold Group – expert gold dealers offering precious metals products. Become part of the gold affiliate program today!
Contact The Superior Gold Group and learn how to get on the gold standard at www.gold101.com or Call (888) 374-4032.
China is just one country being closely watched by investors these days.
- By John March
Investors and financial experts around the world have reacted with concern to reports that China is scaling back its lending activity with an eye on preventing its economy from being undermined by too much credit activity.
While the U.S. has decided to keep its own interest rates low for the time being, few expect this to remain the case for long. And in the case of China, its own recent announcement has already created some economic effects.
For example, a recent Reuters report noted that stocks in Shanghai have lost 9 percent since the January 12 announcement, and there is concern among companies that the news could lead to cancellations of Chinese imports and inflation.
China is an increasingly important player in the global economy, with Reuters also noting that the country's economy is expected to grow at a 10 percent rate this year, which is five times higher than the prediction for all advanced economies combined.
With other countries, such as Greece, also causing alarm among investors because of looming debt problems, gold investments remain an attractive option in light of uncertain economic prospects.
News brought to you by Superior Gold Group – expert gold dealers offering precious metals products. Become part of the gold affiliate program today!
Contact The Superior Gold Group and learn how to get on the gold standard at www.gold101.com or Call (888) 374-4032.
Investors and financial experts around the world have reacted with concern to reports that China is scaling back its lending activity with an eye on preventing its economy from being undermined by too much credit activity.
While the U.S. has decided to keep its own interest rates low for the time being, few expect this to remain the case for long. And in the case of China, its own recent announcement has already created some economic effects.
For example, a recent Reuters report noted that stocks in Shanghai have lost 9 percent since the January 12 announcement, and there is concern among companies that the news could lead to cancellations of Chinese imports and inflation.
China is an increasingly important player in the global economy, with Reuters also noting that the country's economy is expected to grow at a 10 percent rate this year, which is five times higher than the prediction for all advanced economies combined.
With other countries, such as Greece, also causing alarm among investors because of looming debt problems, gold investments remain an attractive option in light of uncertain economic prospects.
News brought to you by Superior Gold Group – expert gold dealers offering precious metals products. Become part of the gold affiliate program today!
Contact The Superior Gold Group and learn how to get on the gold standard at www.gold101.com or Call (888) 374-4032.
Monday, January 25, 2010
Chinese economic growth means now is the time to buy gold coins
One reason that this may be a good time to buy gold coins is the strong growth that China has continued to experience with its economy in recent months.
According to a recent release from the National Inflation Association (NIA), China's economy is "not a bubble" as some may believe, even if the country's GDP did grow at a 10.7 percent rate last quarter. The NIA noted that China's economy actually grew at its fastest rate since 2007, despite the overall state of the global economy.
The group also predicted that recently-announced moves in China to slow the lending pace of its financial institutions will only work to further strengthen its economy, although some financial experts had thought this could actually dampen its growth.
One reason for expectations of ongoing Chinese economic growth is that the country is continuing to expand its exports to a number of other countries beyond the United States. Even if and when the country's GDP does slow, it is not expected to result in a major economic setback.
Another reason to consider gold investments is that a strong middle class is continuing to emerge in China, which has further fueled demand for precious metals in both jewelry and industrial applications.
News brought to you by Superior Gold Group – expert gold dealers offering precious metals products. Become part of the gold affiliate program today!
Contact The Superior Gold Group and learn how to get on the gold standard at www.gold101.com or Call (888) 374-4032.
According to a recent release from the National Inflation Association (NIA), China's economy is "not a bubble" as some may believe, even if the country's GDP did grow at a 10.7 percent rate last quarter. The NIA noted that China's economy actually grew at its fastest rate since 2007, despite the overall state of the global economy.
The group also predicted that recently-announced moves in China to slow the lending pace of its financial institutions will only work to further strengthen its economy, although some financial experts had thought this could actually dampen its growth.
One reason for expectations of ongoing Chinese economic growth is that the country is continuing to expand its exports to a number of other countries beyond the United States. Even if and when the country's GDP does slow, it is not expected to result in a major economic setback.
Another reason to consider gold investments is that a strong middle class is continuing to emerge in China, which has further fueled demand for precious metals in both jewelry and industrial applications.
News brought to you by Superior Gold Group – expert gold dealers offering precious metals products. Become part of the gold affiliate program today!
Contact The Superior Gold Group and learn how to get on the gold standard at www.gold101.com or Call (888) 374-4032.
Monday, January 18, 2010
Major gold mining operation moving forward in Australia
Monday, January 11, 2010
A major new mining project has been announced in Australia.
- Superior Gold Group
Gold dealers may be interested to learn that a major Australian mining project has just taken another significant step forward in its approval process.
According to an announcement from Cadia Holdings, a subsidiary of Newcrest Mining Limited, approval has been granted for the planned Cadia East project. The $AU 2 billion project is said to be located near Orange, New South Wales.
The next step is for the plan to go before the Newcrest Board late in the first quarter of 2010, noted the company.
"The Cadia East project will be the largest underground mine in Australia and will secure our future in
the region for at least the next 20 years. It will be Newcrest’s first panel cave, building on our expertise in underground mining," said company official Tony McPaul.
McPaul went on to report that following years of preparation, the project will create about 1,300 jobs while also providing a significant economic boost in general to the region, both direct and indirect.
News brought to you by Superior Gold Group – expert gold dealers offering precious metals products & gold investment coins.
Contact The Superior Gold Group and learn how to get on the gold standard at www.gold101.com or Call (888) 374-4032.ADNFCR-2970-ID-19551481-ADNFCR
A major new mining project has been announced in Australia.
- Superior Gold Group
Gold dealers may be interested to learn that a major Australian mining project has just taken another significant step forward in its approval process.
According to an announcement from Cadia Holdings, a subsidiary of Newcrest Mining Limited, approval has been granted for the planned Cadia East project. The $AU 2 billion project is said to be located near Orange, New South Wales.
The next step is for the plan to go before the Newcrest Board late in the first quarter of 2010, noted the company.
"The Cadia East project will be the largest underground mine in Australia and will secure our future in
the region for at least the next 20 years. It will be Newcrest’s first panel cave, building on our expertise in underground mining," said company official Tony McPaul.
McPaul went on to report that following years of preparation, the project will create about 1,300 jobs while also providing a significant economic boost in general to the region, both direct and indirect.
News brought to you by Superior Gold Group – expert gold dealers offering precious metals products & gold investment coins.
Contact The Superior Gold Group and learn how to get on the gold standard at www.gold101.com or Call (888) 374-4032.ADNFCR-2970-ID-19551481-ADNFCR
China helps fuel surge in commodities markets
Commodities prices are being driven higher in part by China's economy.
- John March
Signs of an improving economy in China may be one more reason for gold and silver investors to continue adding to their holdings.
A report in the Christian Science Monitor notes that countries that export raw materials have reason for optimism in light of December's statistics showing that Chinese exports rose 18 percent on a year-over-year basis after 13 previous months of decline. The newspaper added that Chinese imports rose in December by a 56 percent margin.
"It seems very clear that what we are seeing are basically imports of raw materials and capital goods. These are all investment-related," the newspaper quoted Arthur Kroeber of Dragonomics as saying.
Also this week, various media outlets reported that 2009 statistics had left China as the world's top exporter of manufactured goods, replacing Germany in that category. A report in the Washington Post noted that later this year, China is also expected to overtake Japan as the world's second-largest economy.
The Post also noted that part of China's surge in commodities buying has been fueled by its various infrastructure projects brought on by its economic stimulus programs.
News brought to you by Superior Gold Group – expert gold dealers offering precious metals products & gold investment coins.
Contact The Superior Gold Group and learn how to get on the gold standard at www.gold101.com or Call (888) 374-4032.
- John March
Signs of an improving economy in China may be one more reason for gold and silver investors to continue adding to their holdings.
A report in the Christian Science Monitor notes that countries that export raw materials have reason for optimism in light of December's statistics showing that Chinese exports rose 18 percent on a year-over-year basis after 13 previous months of decline. The newspaper added that Chinese imports rose in December by a 56 percent margin.
"It seems very clear that what we are seeing are basically imports of raw materials and capital goods. These are all investment-related," the newspaper quoted Arthur Kroeber of Dragonomics as saying.
Also this week, various media outlets reported that 2009 statistics had left China as the world's top exporter of manufactured goods, replacing Germany in that category. A report in the Washington Post noted that later this year, China is also expected to overtake Japan as the world's second-largest economy.
The Post also noted that part of China's surge in commodities buying has been fueled by its various infrastructure projects brought on by its economic stimulus programs.
News brought to you by Superior Gold Group – expert gold dealers offering precious metals products & gold investment coins.
Contact The Superior Gold Group and learn how to get on the gold standard at www.gold101.com or Call (888) 374-4032.
Friday, August 14, 2009
Gold investing Tips - What to do right now?
With the stock markets and commodities alike doing frequent fluctuations, investing in gold is probably the smartest step at this point in time. Over the last seven years, this precious metal has nearly doubled in value. Hence, it proves to be a suitable option to put your money on for both long as well as short term investments. However, blindly indulging in gold investment can lead to hasty steps that prove to be fatal eventually. Hence, it is important to keep in mind a few basic rules of the thumb before deciding to take the plunge.1. Currently, gold is on a bullish trend. Hence, if you see a slight, or seemingly significant, dip in the prices and decide to go for it, chances are few that you will get the exact bottom. There can also be a case wherein the price falls even more. However, you must not get disheartened by this, and continue to hold on to the decision you have taken. Gold has proven to be a worthy performer earlier as well, so high chances are there that it will continue the trend.
2. The next tip is while selling, don't be too greedy. If you seem to be riding on a wave of gold price rise, it is often better to book whatever profits seem to be reasonable and exit, rather than waiting for it to rise higher. Another case for waiting would be when you are absolutely sure that the price is to rise higher, but such tips, if genuine, are very hard to find.
3. ACTION is the most important thing while dealing in gold. Until and unless you actually SELL your gold, there is no point being elated over its increased value.
4. In case you are planning to buy gold bullion, the most essential and recommended tip would be to simply hold on, since the US government is currently not very strong in terms of fiscal responsibility, and the price of gold would continue to rise for the next 2-3 years due to the same.
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