Ron Paul Special Market Update — Bull Market Coming For Gold?

Bull Market Coming For Gold? – Ron Paul

 
On August 15, 1971 President Richard Nixon de-pegged the US dollar from gold which resulted in a chaotic decade. The gold bull market started at the same time and ended in 1979, going from around $75 all the way up to $800. Then at the turn of the decade, it dropped back down to around $270. The gold bull market started back up at the turn of the century where it rose to $1800 and has dropped back down since 2012 to the current price floor of about $1300.

The fundamentals indicate that gold is holding steady and could be ready for another bull market, which if history is any indicator, should rise far beyond its previous highs of $1800. With the fact the US government has manipulated markets, the economy, and the monetary policy in the last 10 years with banker bailouts, stimulus, and zero % interest rates, precious metals are ready to go skyward.

Ron Paul still seems to think gold is a good investment, and so do we.

Crypto currency showing investor sentiment?

 
Inflation is being seen in the fact that the price of school tuition has gone up exponentially in the last 15 years. Cryptocurrency is also another bellweather of the fact that money is seeking better ground in the midst of historic low volatility in the stock market and drops in the housing market.

The US dollar is on a downward slope which means that since gold is priced in dollars, it is being watched closely for a breakout on the monthly charts before historic investors pour back into their metals positions. This means that a gold bull market could be just around the corner.

With the record high people not participating in the economy and not even being counted as unemployed by official government figures, there remains a large amount of Americans who have themselves been priced out of participating in the economy, which could be another indicator for a downturn in stocks and the overall equities market.

This is why it’s such a great opportunity to invest or rollover to a Gold IRA to capitalize on this materializing gold bull market, especially since the ultimate gold bug himself, Ron Paul, is anticipating this could be the beginning of the next cycle upwards for gold.

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How My College Professors Lost their Retirements in 2008

How My College Professors Lost their Retirements in 2008

 
First and foremost, they were all-in the stock market via their 401(k)s and IRAs. They had bought into the fallacy that the stock market was teflon invincible, because no doubt that’s what the mainstream news had told them over and over again.

But it just goes to show you that if “the smartest” people i.e. University professors are capable of losing their life-long retirements thus having to work an additional 10 years just to have enough to finally leave the workforce, then it can happen to anyone who does not prepare accordingly.

To make matters worse, much of the losses from IRAs in 2008 have not recovered.

This is why a Gold or Precious Metals IRA is such a great tax-free way of holding your retirement or a portion of it safely out of the unpredictability of the stock market. Will a Gold IRA make you rich? Who knows, but consider the fact that gold prices historically have only risen, while stocks have risen- and fallen- often without a hint of warning, leaving millions of people reliant upon a measly social security check when they should be enjoying a relaxing well-deserved retirement.

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