Advise to Invest in Gold Market Analysts

Advise to Invest in Gold Market Analysts ; Analysts are predicting global hyperinflation in the next 24 months. Hyperinflation results when there is an abnormal increase in the amount of currency and credit available which causes a rise in price levels. Recent US administrations have been printing money to offset skyrocketing debt. Since the Nixon administration; there has been no law requiring that US money be backed by gold. It is only a matter of time until the dollar collapses. As gold prices increase and the dollar declines, prudent investors are adding gold to their investment portfolios.

Economists have forecasted an increase in interest rates in the next 12 months. It is predicted that both the United States and the United Kingdom will head into bankruptcy. This event will occur over time, as the income received by their respective governments via taxpayer contributions; falls short of their ever increasing governmental debt. When the dollar and the pound collapse, gold will be the preferred commodity.

Gold prices have risen steadily in the last 2 years. The rise has reached 77% based on the Continuous Commodity Index (CCI). Commodities have risen in price 26% in the last year. Currencies are declining globally, but the US dollar is declining faster, at the rate of 78% compared to the Swiss Franc since 1972.

Market analysts are advising their clients to invest in gold. Gold prices have increased more than 26% in the last few years. Gold prices could rise to between $6,000 -$10,000, or higher. The decrease in supply over the new demand for gold and other commodities, is expected to result in a shortage of gold. For the latest updates PRESS CTR + D or visit Stock Market news Today

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