Time to Sell Gold

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http://www.profitableinvestingtips.com/investing-trading/time-to-sell-gold

Time to Sell Gold

With gold having its worst beginning of the year in more than two decades, is it time to sell gold? Many big gold investors seem to think so. More than $5 Billion was sold from gold exchange traded funds in a month. Part of this may be that investors are moving their money from gold to stocks as the stock market is at all-time highs. When we wrote about investing in gold a couple of years ago, we noted that,

“There are a number of attractive options for investing in gold and there are pitfalls. Gold stock investing includes mining companies and derivatives. Many gold bugs will say that how to invest in the stock market during hard economic times is to invest in gold. However, the true gold bug will advise that you buy and hoard gold bullion or rare gold coins. A current scare tactic in the gold coin market is that “the government will come again for your gold.” Roosevelt signing his executive order to prevent gold hoarding is rewritten as the confiscation of gold. Gold peaked in 1980 after a decade of inflation and promptly dropped. Gold bullion has not made it back to 1980 prices adjusted for inflation despite a fourfold increase in value in the last decade.”

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Time to Sell Gold

  1. 1. Time to Sell Gold By www.profitableinvestingtips.com
  2. 2. With gold having its worst beginning of the year inmore than two decades, is ittime to sell gold? Many biggold investors seem to think so. http://www.profitableinvestingtips.com/investing-trading/time-to-sell-gold
  3. 3. More than $5 Billion wassold from gold exchangetraded funds in a month.http://www.profitableinvestingtips.com/investing-trading/time-to-sell-gold
  4. 4. Part of this may be that investors are moving their money from gold to stocksas the stock market is at all- time highs. http://www.profitableinvestingtips.com/investing-trading/time-to-sell-gold
  5. 5. When we wrote aboutinvesting in gold a couple of years ago, we noted that, http://www.profitableinvestingtips.com/investing-trading/time-to-sell-gold
  6. 6. “There are a number of attractive options forinvesting in gold and there are pitfalls. http://www.profitableinvestingtips.com/investing-trading/time-to-sell-gold
  7. 7. Gold stock investingincludes mining companies and derivatives. http://www.profitableinvestingtips.com/investing-trading/time-to-sell-gold
  8. 8. Many gold bugs will say that how to invest in the stock market during hardeconomic times is to invest in gold. http://www.profitableinvestingtips.com/investing-trading/time-to-sell-gold
  9. 9. However, the true gold bugwill advise that you buy and hoard gold bullion or rare gold coins. http://www.profitableinvestingtips.com/investing-trading/time-to-sell-gold
  10. 10. A current scare tactic in thegold coin market is that “thegovernment will come again for your gold.” http://www.profitableinvestingtips.com/investing-trading/time-to-sell-gold
  11. 11. Roosevelt signing his executive order to preventgold hoarding is rewritten as the confiscation of gold. http://www.profitableinvestingtips.com/investing-trading/time-to-sell-gold
  12. 12. Gold peaked in 1980 after a decade of inflation and promptly dropped. http://www.profitableinvestingtips.com/investing-trading/time-to-sell-gold
  13. 13. Gold bullion has not made itback to 1980 prices adjusted for inflation despite afourfold increase in value in the last decade.” http://www.profitableinvestingtips.com/investing-trading/time-to-sell-gold
  14. 14. If you bought gold thinking that the world economieswere going to heck in a hand basket you probably made some money, http://www.profitableinvestingtips.com/investing-trading/time-to-sell-gold
  15. 15. providing that you got in early and got out whenprices leveled off in the last year or so. http://www.profitableinvestingtips.com/investing-trading/time-to-sell-gold
  16. 16. The reference above to goldpeaking in 1980, falling, and remaining in the $200+ http://www.profitableinvestingtips.com/investing-trading/time-to-sell-gold
  17. 17. range for nearly twodecades should be kept inmind if you are wondering if it is time to sell gold. http://www.profitableinvestingtips.com/investing-trading/time-to-sell-gold
  18. 18. In what way is Gold aProfitable Investment, and When? http://www.profitableinvestingtips.com/investing-trading/time-to-sell-gold
  19. 19. An argument for gold is thatthere is only just so much of the shiny stuff in the world. http://www.profitableinvestingtips.com/investing-trading/time-to-sell-gold
  20. 20. The argument continues thatall of the more easily mined http://www.profitableinvestingtips.com/investing-trading/time-to-sell-gold
  21. 21. gold in politically safelocations has been minedhttp://www.profitableinvestingtips.com/investing-trading/time-to-sell-gold
  22. 22. and in places like SouthAfrica they are mining goldover two miles beneath the http://www.profitableinvestingtips.com/investing-trading/time-to-sell-gold
  23. 23. surface (East Rand Mine, Boksburg).http://www.profitableinvestingtips.com/investing-trading/time-to-sell-gold
  24. 24. Thus the price of gold will go up, the proponents of gold say. http://www.profitableinvestingtips.com/investing-trading/time-to-sell-gold
  25. 25. Also the US and other majoreconomies are in dire straits due to the slowly resolving recession. http://www.profitableinvestingtips.com/investing-trading/time-to-sell-gold
  26. 26. National budgets are constantly in the red andcurrency values are sliding. http://www.profitableinvestingtips.com/investing-trading/time-to-sell-gold
  27. 27. Proponents of goldconstantly remind us of the Weimar Republic, the German post WWI http://www.profitableinvestingtips.com/investing-trading/time-to-sell-gold
  28. 28. government where inflationwent wild and paper money became essentially worthless. http://www.profitableinvestingtips.com/investing-trading/time-to-sell-gold
  29. 29. However these argumentsplayed to investors during the first decade of the century and immediately http://www.profitableinvestingtips.com/investing-trading/time-to-sell-gold
  30. 30. after the financial collapse of 2008, the world is ever so slowly coming out of the Great Recession of 2008. http://www.profitableinvestingtips.com/investing-trading/time-to-sell-gold
  31. 31. Investor confidence in the stock market is a good measure of this.http://www.profitableinvestingtips.com/investing-trading/time-to-sell-gold
  32. 32. To the degree that panicdrove up gold prices, gold is probably priced above the value that fundamental analysis would dictate. http://www.profitableinvestingtips.com/investing-trading/time-to-sell-gold
  33. 33. As such it may well be timeto sell gold. However, before you do, http://www.profitableinvestingtips.com/investing-trading/time-to-sell-gold
  34. 34. carry out your own analysis and be clear in your head what you are doing, and precisely why. http://www.profitableinvestingtips.com/investing-trading/time-to-sell-gold
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