When To Buy Gold Coins Phoenix
There is a lot of talk about gold prices rising the past nine years or so, and whether this bull market can continue. Many have been taking this opportunity to preserve some wealth by purchasing gold coins Phoenix. Let us take a look at why and when someone might make such a purchase.
All markets need both willing buyers and sellers. There needs to be someone on either side of a transaction. Most anyone selling this commodity apparently believes the price will soon fall. Some may only need their money for investing or to pay obligations.
Buyers foresee prices continuing to rise, perhaps to as much as 350% of what it is today. Apparently more people are expecting the price to continue to rise than fall. Anytime there are more buyers than sellers the sale price will increase. This is simple supply and demand economics.
One reason to believe that the market has not yet topped out, is the rising inflation rate. Government statistics will give an impression that inflation is controlled, but those who produce those statistics take great liberties to manipulate the numbers. Food and gas prices, for example, are not even considered in the index. Anyone buying anything can easily see that prices are going up.
A second indication that the market may continue rising is the existence of the Quantitative Easing policy of the Federal Reserve. This is merely their stated intention to print considerably more dollars. Increasing the money supply is what causes inflation. In fact that is what inflation is. More dollars purchasing the same commodities results in higher prices.
We can then state with some certainty that if the Federal Reserve intends for the money supply to increase, they also intend that inflation will continue. The prices of everything do not increase at the same time for no reason at all. The value of money is falling.
This is how the massive debts of the Federal Government will be paid. Dollars created out of thin air, and inflated cheaper dollars will pay that debt and everyone else will make up the difference. Creditors and savers will not appreciate this. They will convert their dollars into something with value, making dollars worth even less.
Anyone holding dollars or dollar denominated assets might want to consider changing them into gold coins Phoenix. This should be done while they still have any value. Be advised though that there are no guaranteed results with any investment.
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