Golden Truth Blog: by Superior Gold Group

Friday, February 5, 2010
Gold coins offer a stable investment option in light of concerns about the government’s long-term credit sustainability.
- By John March
People who are waiting for a return to normalcy in the stock market and the broader U.S. economy got some unsettling news this week in the form of a warning from Moody’s Investors Service about the long-term state of the nation’s credit rating.

According to the UK’s Financial Times newspaper, the firm has warned that the triple AAA sovereign credit rating of the United States could be jeopardized by either weak economic growth or a failure to properly address the country’s budget deficit and national debt.

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Gold prices have settled somewhat in recent weeks, potentially providing investors with new opportunities to set themselves up to take advantage of longer-term price gains.

A report from Bloomberg News notes that gold prices had remained relatively unchanged in London during Friday’s trading, while platinum and palladium prices had fallen somewhat.

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By Bruce Sands

The gold price is in an ever increasing rise. In fact its characteristics are fostered by the basic bullish fundamentals of the market. There is virtually no possibility of any considerable dip in the market by any conceivable practical means. Where every imaginable aspect in the market is fostering its growth, you can only anticipate a price reduction when the following probabilities are materialized.

There need to be a radical increase in the discoveries of gold mines. Their capacity should be more than substantial. It should be situated in a land where no rigid government regulations exist. The land should also be free from the hyper-active environmentalist groups who can obstruct the smooth functioning in the building of the mine.

• South Africa needs a dramatic solution for its notorious power shortages.
• The Chinese republic needs to regulate its upward social climb. The lower middle class should not graduate to the upper middle class. And they must stop spending money on gold jewellery and make gold investments.
• The Russian government must discontinue from building up its gold treasury. Its economy is greatly benefiting from the rise in prices of oil and gas. So it is a naturally profitable option to convert that money into gold.
• The US Treasury must come out with its current audit report. It must state that eth last audited amount of gold that is, 9000 tonnes, in 1953 is still there and has not been leased out.
• India’s economic growth must be stopped.
• The food, oil and gas prices must take a solid downward plunge.
• ‘As sound as a dollar’ does not work anymore. The banking system must come out of its crises and evolve as ‘sound as gold’.
• The money supply in the respective economies must not be further escalated by the central banks.
• The Consumer Price Index (CPI) must not rise any further.
• The Federal budget of America must be stabilized. The 263 billion dollar deficit of the current financial year must be balanced.
• Every person that you meet in the course of the day must be buying gold. This includes your neighbour as well as your shoe-shine boy.
• The ‘real interest rate’ must be positive by a minimum of 2%. It is running a negative figure of 2 %. Real interest rate is calculated by deducting the CPI from the T-bill. 

The Superior Gold Group will show you how to plan your gold investments. Contact us at 8885673340 or .