Certainly one benefit of waiting till the world ends to buy gold, is that you don’t have to worry that much about price. Chances are that the party you buy it from will be more worried about where he’s going to hide and where his next meal is coming from, than the price he’s going to charge you for his gold stash. Another benefit of buying then is you don’t have to be all that concerned with technical indicators. Will you really care if you defy a trend line that indicates you might get a better deal next month, if you know that next month probably won’t happen?
Published in Gold Investing
Gold is a highly valued investment haven in times of economic or political crisis.  Ever since the introduction of fiat currencies, which have value only because a government backs them, gold has been a safe place to invest when paper money destabilizes.  When American politicians abuse our economic system to jostle for power, gold can seem like an especially attractive investment.  Before you ramp up your gold investments, however, you should take a closer look at what’s really going on.
Published in United States Economy