Experts, Analysts, & Investors Agree: QE Makes Gold The Superior Monetary Failure Insurance Plan

Jan. 1, 2013 - PRLog -- Even though the price of gold has dropped over the last few months, there has been a marked boost in demand for physical bullion. The amount of bullion held to back gold exchange-traded funds has risen to historic levels. November meantime saw the United States of America Mint record its best month for product sales of gold American Eagle coins since July 2010. How High Will Silver Go? Learn More >> http://www.silver-dollar-values.net

Western gold investors obviously see great reasons to enhance their positions. The Gold Investor Index tracks the purchasing and selling activity on BullionVault, the vast majority of whose customers are in the United states of America, UK or Eurozone.

The Gold Investor Index increased to a six-month high in November, the fourth straight month-to-month increase. In total, BullionVault customers added 559 kilos of gold to their bullion holdings; the second month in a row they've added half a ton.

We asked a few experts, analysts, and investors why they've been purchasing gold lately, as well as what they anticipate from 2013. Amongst those that added to their holdings last month the principle cause given for purchasing gold was as a part of their long-term financial savings technique. Another significant cause given was central bank policy. Rare Coins, Silver Coins, Gold Coins >> http://www.silver-dollar-values.net/Selling-Gold/

"Central banks will carry out more quantitative easing to relieve pressure and attempt to stave off a serious financial setback," one BullionVault user stated, "while the economic climate will gradually stagnate. Anticipate mediocrity and stagnation (Japan-style), not disaster." "We are nonetheless not over the worse," added another. "And the international wallpapering over what are extremely big financial cracks is very worrying."

Elevated demand for gold might merely mean Western investors have on aggregate grown more bullish in the direction of the metal in current weeks. However it might also mean they have turn out to be more concerned about what the coming year holds in store.

"Politicians, having wrecked the marketplace mechanisms with ever bigger interference and higher levels of debt, now have little option but to devalue paper cash, and most likely allow national defaults on sovereign debt," one analyst replying to our survey stated.

"Even a doubling of individual tax on the so-called wealthy won't repair a fundamentally flawed out of control 'entitlement' state let alone pay down the extremely irresponsible build-up of nationwide debt in the Western world."

"I believe 2013 will probably be a bad year in all markets," another expert added, "but can offer some purchasing possibilities in gold for the long term." Another added that they view gold as a "long run technique for buffering inflation", while a third called gold "monetary collapse insurance". These of us who work in gold investment are occasionally accused of being doom and gloom mongers, frequently with some justification. My advice is to buy gold today, along with silver, and stash away safely. How High Will Silver Go? Learn More >> http://silver-dollar-values.net