Investors Should Focus on the ‘Big Picture’ Where Gold is Concerned says Pan American
(1888PressRelease) Ignore the volatility, long-term outlook for gold remains positive.
MIAMI, FL -The advice being offered by market analysts and investment experts today is, in simple terms: remain focused on the ‘big picture’. Gold’s volatility could drive a nervous investor a little crazy; quite frankly it seems like gold doesn’t know which way it should turn right now and it would appear to be drifting aimlessly with every changing current. Stocks go down, there is bad news regarding US employment; gold goes up. The dollar strengthens on bad news from Europe; gold goes down, etc. This aimless wavering is only added to by investors selling off to take profits as prices rise and rushing to buy at bargain prices when prices drop.
The good news is that the big picture remains very favorable for gold, and other precious metals. Safe haven options are running out for investors, leaving precious metals bullion looking very attractive. Fear of inflation, added to stimulus programs in both the US (very possibly) and Europe, means that a safe haven is desperately needed.
“At the moment the US dollar is gaining as the euro loses ground following Moody’s downgrade of two French banks and the ongoing fear that Greece may default,” says Bill Hionas of Pan American Metals of Miami. “With the dollar strengthening, it is natural for gold to slip a little. However, macroeconomic factors continue to be strongly supportive of gold as a safe haven.”
So the best advice for investors is: ignore the volatility, relax and stay focused on the big picture. The short-term may look uncertain but the medium- to long-term view remains very positive.
About us:
Pan American Metals of Miami, LLC is a group of traders, investors and brokers who combine many years of experience to help clients invest in bullion. PAMOM provides an individual investment service and is based in Miami, Florida for convenient access to both North and South American investors.
Press Contact
Debbie Bailey
Executive Administrator
Pan American Metals of Miami, LLC
Email: dbailey ( @ ) investpanam dot com
Website: http://www.panamericanmetalsofmiami.com
Source:
http://www.1888pressrelease.com/investors-should-focus-on-the-big-picture-where-gold-is-co-pr-334915.html
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