Ken Poirot's Blog - Posts Tagged "best-investment-right-now"
Gold: How and Why to Invest in Gold
Why to Invest in Gold
I have been involved with the financial markets professionally as both a financial advisor and managing principal for over 18 years.
What I can tell you is typically the financial markets are unpredictable. Having said that, sometimes, on rare occasion, future trends become predicable: this is one of those rare times.
Right now it is clear to see the next year is going to be painful for the US stock market and gold is going to increase in value.
For months I have been warning investors to take some of their gains and reposition themselves in gold.
In chronological order below (starting from most recent) are some of the articles I have written about this topic and gold:
How to Buy Gold
Investing: Return for Investment
Money: Investing in Gold
Money: Investing in Gold for a Huge Return on Investment in 2021
Money: Investing During the Coronavirus Pandemic
More Analysts and Investors Agree: Invest in Gold
As I noted in the article, "How to Buy Gold" above, Warren Buffet (considered the greatest investor of all time) just placed a big bet on gold. Furthermore, Goldman Sachs raised their 12 month target on gold to $2300.
Recently, other major analysts have also raised their one year price predictions on gold:
"Bank of America Merrill Lynch says it expects gold to hit $3,000 by early 2022 while Citigroup and billionaire Thomas Kaplan, founder of New York-based asset management firm Electrum Group, believe that $5,000 is in the crosshairs." (Oilprice.com, September 6, 2020)
It is clear the trend for gold is up the next year. As such, this is the perfect time to reposition some of your assets in gold.
To learn about the best way to capitalize on the increase in gold, go to my article here:
How to Buy Gold: How to Invest in Gold
Disclaimer: This article is solely my opinion for informational purposes only; therefore, it should not be considered Financial or Legal Advice. Please consult with a financial professional before making any significant financial decisions.
Warmly,
Ken Poirot
I have been involved with the financial markets professionally as both a financial advisor and managing principal for over 18 years.
What I can tell you is typically the financial markets are unpredictable. Having said that, sometimes, on rare occasion, future trends become predicable: this is one of those rare times.
Right now it is clear to see the next year is going to be painful for the US stock market and gold is going to increase in value.
For months I have been warning investors to take some of their gains and reposition themselves in gold.
In chronological order below (starting from most recent) are some of the articles I have written about this topic and gold:
How to Buy Gold
Investing: Return for Investment
Money: Investing in Gold
Money: Investing in Gold for a Huge Return on Investment in 2021
Money: Investing During the Coronavirus Pandemic
More Analysts and Investors Agree: Invest in Gold
As I noted in the article, "How to Buy Gold" above, Warren Buffet (considered the greatest investor of all time) just placed a big bet on gold. Furthermore, Goldman Sachs raised their 12 month target on gold to $2300.
Recently, other major analysts have also raised their one year price predictions on gold:
"Bank of America Merrill Lynch says it expects gold to hit $3,000 by early 2022 while Citigroup and billionaire Thomas Kaplan, founder of New York-based asset management firm Electrum Group, believe that $5,000 is in the crosshairs." (Oilprice.com, September 6, 2020)
It is clear the trend for gold is up the next year. As such, this is the perfect time to reposition some of your assets in gold.
To learn about the best way to capitalize on the increase in gold, go to my article here:
How to Buy Gold: How to Invest in Gold
Disclaimer: This article is solely my opinion for informational purposes only; therefore, it should not be considered Financial or Legal Advice. Please consult with a financial professional before making any significant financial decisions.
Warmly,
Ken Poirot
