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Guest Webinar - Strong Stocks Could Push Gold Prices Higher |
 Contributed by ShadowTrader
During the past week the major stock indexes, such as the Dow Jones Index (.DJI), NASDAQ (.IXIC), and the S&P 500 (.INX) have skyrocketed. These moves have shown a sign of recovery but with recovery often comes inflation. Though the bullish moves have excited many investors, others are seeing it as a potentially temporary move. The fear of another drop and the possibility of inflation in the future has some looking to gold (GLD) as an investment.
Many investors look to gold as the “end all be all” in investing. Often they will say, it is the only true asset or throughout history you have always been able to buy a nice suit, belt, shoes and a tie with an ounce of gold. The view that gold is anything more than a currency is flawed. Gold is a currency that has its own ups and down and can be radically over or under valued. If you buy gold at the wrong time, you could have seen declines of more than 50% and it would have taken 20 years to get back to break even. Is that safe enough for you? Are you willing to buy and hold gold during those time frames? Learn how to avoid this situation in today's video
You can learn more about trading gold and the forex here.
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