The best way to protect your hard-earned money from the falling dollar and the ravages of high inflation is with pure ">http://bullionbargains.us/silver-bullion-coins/">silver and gold bullion coins. You can find a huge selection of discount bullion coins at: ===>
http://BullionBargains.us
The price of gold per ounce is exploding! Gold bullion has gone up forty-six dollars in the last couple of days alone. Gold is now up eleven percent year-to-date. Gold has also broken above the critical $900 level.
I'm going to explain the reasoning behind the recent explosive move in gold. I'm also going to explain why I feel that the price of gold per ounce is going to rise even higher in the coming weeks and months.
Let's go back to a couple of weeks ago -
Federal Reserve Chairman Ben Bernanke, along with several other Fed governors began talking tough about inflation.
The financial markets wrongly got the impression that the Fed would begin to raise interest rates, possibly as soon as August. The dollar began to rise in response and gold sold off.
However, it soon became clear, after the most recent Federal Reserve Open Market Committee meeting that all the talk about the importance of a strong dollar and the concern about rising inflation was just that - TALK! In actuality, the Fed is more concerned about the state of the economy than they are about saving the dollar.
As soon as it became clear that the Fed wasn't likely to raise interest rates any time soon, gold began exploding to the upside!
If you think last week's action in the gold market was exciting, just wait. Over the long-term, the price of gold per ounce is going to move even HIGHER.
You see, the Fed is in a bit of a predicament -
If they raise interest rates, the weakened financial system could collapse. If they don't raise rates, the dollar will continue to weaken.
Sadly, the Fed's inability to raise rates will cause everyone to lose. The dollar will continue to fall and the economy will suffer because of higher inflation.
- Related Videos
- Related Articles
- Ask / Related Q&A
- Buy Gold Coins as Bullion Gold Coins Gain Favor
- The Price of Gold is Plunging: Why Gold Investors Should Relax
- WoW Gold Team's Big Christmas Promotion - The Cheapest Price + Free WoW Gold
- Gold coin prices - Soaring high
- The Current Gold Market Price
- Understanding Gold Bar Price Variations
- Maple Leaf Gold Coin Price
- Gold Spot Price – Tracking The Key To Success
SPECIAL REPORT - How Did Sierra Leone Performed In The Year 2009 Failed Economy or Gradual Process of Growth
By: Muctaru Wurie | 30/12/2009A review of Sierra Leone's economic performance in 2009, with the prospect that lies ahead for the country in 2010 and also a brief look into the field of sport and the media in Sierra Leone.
Referencement Site Internet Reims and SEO Web design Tips
By: Tobias Ruth | 30/12/2009SEO web design in France is the process of developing a website (in French known as référencement site internet reims) that is search engine-friendly, leading to increased rankings in the search engines and better positioning means more customers. Scientific studies demonstrate that the majority of people who visit a website for the first time originally find it through a search engine.
What Changes In An Unchanged Economy?
By: Knight Pierce Hirst | 29/12/2009The dictionary defines economy as management of income, expenditures, etc of a household, government, etc. However, in 2009 there's a four-letter-word definition - mess.
Cash (for Clunkers) Left on the Table
By: daron amick | 28/12/2009A quick analysis of the "Cash for Clunkers" program suggesting that car dealers did not maximize earning potential, or the government over-subsidized the program. This is based on an elasticity coefficient calculation.
Safe is the New Risky
By: dawn gilcrest | 28/12/2009A discussion on the economics of the world have changed and the impact it is having. Learn how knowledge and information are more powerful than ever.
Why Bankers Don't Deserve Bonuses!
By: Peter Moore | 26/12/2009If you have been living in a hole for the past year then you may be forgiven for thinking that the credit crunch is a new type of biscuit. However, this credit crunch has hit us all in one way or another and has seen the biggest worldwide recession for many years.
Oil prices rise above $76 on inventory drop
By: Olukunle Odebo | 24/12/2009Nigeria's current account may have been buffeted as oil prices, which had earlier slumped in defiance of exporting nation's initiatives, rose yesterday to close above $76 a barrel.
Coming Food Crises (Part #3)
By: Ernie Fitzpatrick | 24/12/2009What's safe to eat to eat these days and who can we turn to for the right answers? Can the government protect us?
Gold Bullion: An Insurance Policy For Uncertain Times
By: Christina Goldman | 24/10/2009 | InvestingPutting aside the fact that gold bullion has appreciated at double-digit rates on average this decade against all of the world's currencies and tripled in price over the past six years, let's look at the metal not as an investment vehicle but as an insurance policy against loss of purchasing power.
Canadian Silver Coins - Undiscovered Silver Gems
By: Christina Goldman | 29/09/2009 | CollectingThe Canadian Silver Maple Leaf is not the only Canadian silver coin on the block. There are many other potentially valuable Canadian silver coins that have been struck over the past one hundred and fifty years that are relatively unknown by collectors. . .
Swiss 20 Franc Gold Coin - An Elegant, Classic, and Beautiful Swiss Coin
By: Christina Goldman | 27/08/2009 | InvestingThe Gold Swiss 20 Franc Coin is undoubtedly one of the world's most dignified and classically designed Swiss gold coins. Find out more about this lovely gold bullion coin and learn why investing in Swiss Gold Coins can be not only a safe but a profitable way to diversify your investment portfolio . . .
Credit Suisse Statue Of Liberty Gold Gram Bar - A Golden Symbol Of Freedom
By: Christina Goldman | 03/06/2009 | CollectingOne of the most beautiful gold bars produced by the famous Swiss refinery, Credit Suisse, is the Statue of Liberty gold gram bar. This gorgeous gold art bar has a proof-like, mirror surface, featuring a lovely design of the Statue of Liberty. . .
The Statue Of Liberty $5 Commemorative Gold Coin
By: Christina Goldman | 03/06/2009 | CollectingThe Statue of Liberty $5 gold coin was issued by the U.S. Mint in 1986 to commemorate the 100th anniversary of the dedication of the Statue of Liberty. This beautiful coin was the very first modern commemorative gold coin. It was so popular that the entire maximum mintage that was authorized sold out. . .
Gold Panning Methods That Can Be Rewarding
By: Christina Goldman | 26/05/2009 | CollectingA gold panning enthusiast who does not know anything about panning for gold can do simple gold panning methods, using the standard gold pan. But did you know that there are more elaborate methods for gold panning?
Remembering 9/11 With The Wall Street Mint Silver Bar
By: Christina Goldman | 26/05/2009 | InvestingThe Wall Street Mint Silver Bar is a beautiful .999 fine silver bar that commemorates the events of 9/11. It was produced by the Wall Street Mint in 2002 and features the skyline of New York City with the twin World Trade Center Towers. . .
Gold Buffalo Proof Vs Gold Eagle Proof - Which One Should You Buy To Profit?
By: Christina Goldman | 25/05/2009 | CollectingGold Buffalo Proof Vs Gold Eagle Proof - Which Is The Better Investment? You don't have to play heads or tails to get an answer! Well, don't play heads or tails to get an answer. Let's examine each of their strengths so that you can decide if you will choose to fly with the wind or graze on the grass. . .