Saturday, August 28, 2010

Gold & USD: Current Sentiments Anticipate

The value of the US dollar is losing value since a few months ago. Current sentiments anticipate there is more downside to come; a backlash from Obama’s policy’s, so to speak. Looking from a sentiment based perspective the US dollar will continue to devalue against other major currencies. Therefore now is the time to buy gold coins. Gold more often than not rises in value as the US dollar goes down. Gold can also be seen as a long term investment opportunity because the value of gold throughout history increases over time. Buying gold coins can be seen as a practice for experienced collectors. Nonetheless, with the right guidance, the average person can invest in buying gold coins.

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