Real Estate, Stocks or GOLD ???

Opinion … not investment advice …

With the real estate market in free fall, the stock market struggling and inflation devaluing the dollar faster than many would like to admit, people are wondering where they should invest. For an increasing number of wise investors, the answer seems to be gold.

According to Forbes, gold has experienced “spectacular investment performance over the past five years”. In fact, it doubled in price during that time, providing returns much higher than stocks.

Despite its outstanding growth, many believe Gold is still a bargain - in its heyday in 1980, it reached $850 per ounce, which in today’s dollars would be $2,200. But current prices are hovering around $1200 per ounce.

However, it is the opinion of many that they won’t stay there for long. Many experts project gold prices rising as high as $2,000 per ounce, with James Turk, a leading gold expert, predicting that it could eventually reach $5,000 per ounce or more.

Because it is a precious metal with a finite supply - the total amount ever produced could be transported by a single oil tanker - gold offers greater long-term stability than many other investment options. It is widely considered to be in the early stages of a bull market - one that some believe has at least another 10 years of growth. According to Forbes, “commodity bulls in the past have lasted 15 to 20 years, and this one is barely 5 or 6 years old”.

Moreover, in times of economic crisis, gold and silver are universally accepted for payment, whereas paper dollars may be refused. As it is, demand for the dollar is decreasing, while more dollars are being created to finance the federal budget and trade deficits – which are now more than $13 trillion and growing. Whether you want to diversify your investment portfolio, are unhappy with its performance lately or are nervous about market conditions, gold is definitely worth considering.