logo
g Text Version
Beauty & Self
Books & Music
Career
Computers
Education
Family
Food & Wine
Health & Fitness
Hobbies & Crafts
Home & Garden
Money
News & Politics
Relationships
Religion & Spirituality
Sports
Travel & Culture
TV & Movies

dailyclick
Bored? Games!
Nutrition
Postcards
Take a Quiz
Rate My Photo

new
European Travel
Action Movies
Bible Basics
Houseplants
Romance Movies
Creativity
Family Travel


dailyclick
All times in EST

Full Schedule
g
g Coin Collecting Site

BellaOnline's Coin Collecting Editor

g

Set Your Gold Investment Goals


If you are a coin collector or a gold or silver bug, you have likely been called every name in the book. The only important thing that matters is if you are right. If you bought your gold or silver at the bottom of the market, it doesnít matter what the naysayers have called you, you made the right choice.

In 2011 you were right and the newcomers piled into the market. Of course, being right doesnít mean you make the right call every time. Making the right call is the result of setting goals and sticking with them until your goals are reached. Of course how you set your goals is a personal affair. Much depends on your circumstances, needs and responsibilities. Gold and silver bugs need to look at the long-term trends to make the right calls.

As long as the government continues to print fiat currency faster than the economy can grow, inflation is going to be around, despite the attempts by the government to blame inflation on the public at large. As long as there is monetary inflation, expect precious metals prices to stay high.

This long-term trend will not guarantee that there will not be any up days and down days. In the past few months, gold prices have rode a roller coaster up and down in spot prices. Too many new gold and silver investors make the mistake of getting into the market at or near its high point.

These new investors are often spurred into investing in gold by the many recommendations of the numerous neo-con talk radio chuckleheads. Nearly everyone of them pushes their listeners to buy gold from whatever precious metals company is sponsoring their show. Donít listen to these chuckleheads! They are not financial advisors. If they truly knew any good gold investments, do you really think they are going to tell you about it?

If you are going to seriously consider investing in precious metals, get some competent advice. Learn when the right time to buy is and when it is time to get out of the market. There are many good books on how to invest in gold and silver.

Buy them and read them. You can plenty of good titles on Amazon.com right now. Many of these titles are available as Kindle ebooks. There is no reason to invest ignorantly. Just do not let your gold and silver buying goals be based upon some incompetent persons recommendations.
Add Set+Your+Gold+Investment+Goals to Twitter Add Set+Your+Gold+Investment+Goals to Facebook Add Set+Your+Gold+Investment+Goals to MySpace Add Set+Your+Gold+Investment+Goals to Del.icio.us Digg Set+Your+Gold+Investment+Goals Add Set+Your+Gold+Investment+Goals to Yahoo My Web Add Set+Your+Gold+Investment+Goals to Google Bookmarks Add Set+Your+Gold+Investment+Goals to Stumbleupon Add Set+Your+Gold+Investment+Goals to Reddit




RSS | Related Articles | Editor's Picks Articles | Top Ten Articles | Previous Features | Site Map


For FREE email updates, subscribe to the Coin Collecting Newsletter


Past Issues


print
Printer Friendly
bookmark
Bookmark
tell friend
Tell a Friend
forum
Forum
email
Email Editor


Content copyright © 2014 by Gary Eggleston. All rights reserved.
This content was written by Gary Eggleston. If you wish to use this content in any manner, you need written permission. Contact Gary Eggleston for details.

g


g features
What Kind Of Collector Are You

Ancient Coin Collecting

Collecting Gold Coins

Archives | Site Map

forum
Forum
email
Contact

Past Issues
memberscenter


vote
Poetry
Daily
Weekly
Monthly
Less than Monthly



BellaOnline on Facebook
g


| About BellaOnline | Privacy Policy | Advertising | Become an Editor |
Website copyright © 2014 Minerva WebWorks LLC. All rights reserved.


BellaOnline Editor