1. Latest News
  2. Submit Press Release
  1. PR Home
  2. Latest News
  3. Feeds
  4. Alerts
  5. Submit Free Press Release
  6. Journalist Account
  7. PRNewswire Distribution
Springer Financial Advisors Logo

Top Sacramento Financial Advisor Keith Springer Quoted in Futures Magazine

In Futures article, Gold plays role of fear barometer, Keith Springer discusses what effects gold prices have on investors.

PRLog - Sep. 12, 2011 - SACRAMENTO, Calif. -- SACRAMENTO, Calif. – Keith Springer discusses what effects gold prices have on investors.

According to Michael J. McFarlin, writer for Futures Magazine, “Gold has enjoyed a long bull-run with near daily headlines recently about record high prices. As administrators and regulators are attempting to ease fear in the marketplace, analysts are running to keep up with the yellow metal.”

Keith Springer, author of Facing Goliath: How to Triumph in the Dangerous Market Ahead, and president of Springer Financial Advisors based in Sacramento, CA says fear has had the greatest impact on gold prices recently.

“Gold is a place for people to go as the third currency and it’s also the place for fear. The cataclysmic possibility makes people go to gold, not the fact that we go into a slight recession, but the chance it could be worse than the last time is driving people there,” he says.

Springer went on to say traders should watch for continued weakness in the economy as well as any talks of a third round of quantitative easing coming from the Fed, especially paying attention to Fed Chairman Ben Bernanke’s Jackson Hole, Wyo. speech later this week. Springer says support is at $1,600 and resistance is at $1,950-$2,000 simply because those are psychological numbers.

# # #

About Springer Financial Advisors: Keith Springer is author of Facing Goliath: How to Triumph in the Dangerous Market Ahead, a financial planner, a market technician, a financial writer, founder of Top Down Tactical™ and President and founder of Springer Financial Advisors in Sacramento CA, a SEC Registered Investment Advisor. He has developed a proprietary process for successfully building tax-efficient and retirement portfolios and has been providing specialty wealth management services for over 25 years.


--- End ---

Click to Share

Contact Email:
***@keithspringer.com Email Verified
Source:Springer Financial Advisors
Phone:(916) 925-8900
Location:Sacramento - California - United States
Industry:Business, Finance, Government
Tags:keith springer, Business, Finance, economy, futures, gold, fear, quantitative easing, ben bernanke, jackson hole
Verified Account Phone Number

Disclaimer:   Issuers of the press releases are solely responsible for the content of their press releases. PRLog can't be held liable for the content posted by others.   Report Abuse

Latest Press Releases By “


Trending News...

  1. SiteMap
  2. Privacy Policy
  3. Terms of Service
  4. Copyright Notice
  5. About
  6. Advertise
Like PRLog?
Click to Share