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

Top Five Reasons Why Gold Bullion Prices Will Move Even Higher,Released by Popular Financial e-Let

Profit Confidential, the popular stock market and economic e-letter, today revealed its top five reasons why gold bullion prices will move even higher.

 
PRLog - Nov. 16, 2011 - Profit Confidential, the popular stock market and economic e-letter, today revealed its top five reasons why gold bullion prices will move even higher.

According to Profit Confidential, “Few investors are aware of the bull market in gold bullion that started in 2001. If we were to take a survey of retail investors, our best guess is that less than five percent at this point have purchased gold mining stocks or gold-producing stocks. Few investors understand how the actions of the government and the Federal Reserve are resulting in the price of gold bullion rising.”

Profit Confidential says that the monetary policy of the U.S. has been to expand the money supply, create more dollars, to keep monetary policy expansive. Economics 101 dictates that the more of anything in supply, the less the eventual demand. The U.S. dollar is not exempt from supply/demand rules. And what other currency can investors run to when the U.S. dollar gets into trouble? The euro may be finished; the yuan isn’t ready. Gold bullion is the only alternative, says the popular financial e-letter.

Michael Lombardi, lead contributor to Profit Confidential, writes, “Financings on the TSX, the Canadian-listed exchange, which is a hub for gold mining stocks and gold-producing stocks, plunged 50% in October 2011 from October 2010. Financing for gold mining companies is far from booming. During periods of bubbles, like we saw with tech stocks in 1999, companies in that sector are out raising big money in the markets. This isn’t happening with the gold mining companies.”

Profit Confidential, which has been published for over a decade now, has been widely recognized as predicting five major economic events over the past 10 years. In 2002, Profit Confidential started advising its readers to buy gold-related investments when gold traded under $300 an ounce. In 2006, it “begged” its readers to get out of the housing market...before it plunged.
Profit Confidential was among the first (back in late 2006) to predict that the U.S. economy would be in a recession by late 2007. The daily e-letter correctly predicted the crash in the stock market of 2008 and early 2009. And Profit Confidential turned bullish on stocks in March of 2009 and rode the bear market rally from a Dow Jones Industrial Average of 6,440 on March 9, 2009, to 12,876 on May 2, 2011, a gain of 99%.
To see the full article and to learn more about Profit Confidential, visit www.profitconfidential.com.

Profit Confidential is Lombardi Publishing Corporation’s free daily investment e-letter. Written by financial gurus with over 100 years of combined investing experience, Profit Confidential analyzes and comments on the actions of the stock market, precious metals, interest rates, real estate, and the economy. Lombardi Publishing Corporation, founded in 1986, now with over one million customers in 141 countries, is one of the largest consumer information publishers in the world. For more on Lombardi, and to get the popular Profit Confidential e-letter sent to you daily, visit http://www.profitconfidential.com.
Michael Lombardi, MBA, the lead Profit Confidential editorial contributor, has just released his most recent update of Critical Warning Number Six, a breakthrough video with Lombardi’s current predictions for the U.S. economy, stock market, U.S. dollar, euro, interest rates, and inflation. To see the video, visi http://www.profitconfidential.com/critical-warning-number....

--- End ---

Click to Share

Contact Email:
***@everest-web.com Email Verified
Source:Michel Lombardi
Phone:905-856-2022
Zip:10118
City/Town:New York City - New York - United States
Industry:Business, Finance, Mortgage
Tags:stock market, gold investment, michel lombardi, Real Estate, precious metals
Shortcut:prlog.org/11725416
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 “

More...

Trending News...



  1. SiteMap
  2. Privacy Policy
  3. Terms of Service
  4. Copyright Notice
  5. About
  6. Advertise
Like PRLog?
9K2K1K
Click to Share