Gold News

Preventing natural economic course is 'positive for Gold Investment'

The author of a popular investment newsletter has explained that central governments' continued attempts to reinvigorate the economy are making Gold Investment attractive.

Steve Saville, who produces the Speculative Investor, noted that the yellow metal performed particularly well in the mini-bust of 2000-2002 and came into its own at the start of the credit crunch.

As a result, he has explained that the continuation of money printing and other policies designed to capitalise on supposed 'green shoots' of recovery are reason enough to Buy Gold.

In an article entitled 'Why we are Gold Bulls' on Speculative-Investor.com, he wrote: "Gold has been doing well and should continue to do well because of what governments are doing to prevent the natural flow of events from occurring."

Mr. Saville's comments come after another newsletter publisher, Ned W Schmidt, also emphasised the potential rewards associated with making a gold investment at present.

The author of the weekly Trading Thoughts and the monthly The Value View Gold Report noted that the yellow metal will continue to thrive this year as the dollar will be significantly devalued.

"Gold bugs may indeed have a joyous holiday season this year, brought to you by the Obama regime's destruction of the dollar," he wrote on MarketOracle.com.

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Please Note: All articles published here are to inform your thinking, not lead it. Only you can decide the best place for your money, and any decision you make will put your money at risk. Information or data included here may have already been overtaken by events – and must be verified elsewhere – should you choose to act on it. Please review our Terms & Conditions for accessing Gold News.

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