Investing In Gold And Silver For Capital Preservation And Appreciation

Gold, Silver and the Rumors

There has been a substantial amount of press given lately to rumors concerning the possible price manipulation for certain precious metals, namely gold and silver. Spearheading this campaign is GATA (Gold Anti-trust Action Committee), which purports to have irrefutable evidence to this effect on their web site. In an environment where there has been a considerable amount of questionable practices that led up to the financial melt down in 2008.


There has been a substantial amount of press given lately to rumors concerning the possible price manipulation for certain precious metals, namely gold and silver. Spearheading this campaign is GATA (Gold Anti-trust Action Committee), which purports to have irrefutable evidence to this effect on their web site. In an environment where there has been a considerable amount of questionable practices that led up to the financial melt down in 2008. It is getting a good amount of airtime and no one appears to be surprised and many do not question its validity.
Perhaps, the story is true and then perhaps its not, but those who concentrate on stories such as this. Lose perspective of what investing in gold and silver is all about. These stories do not change the fact that over the long run Gold and Silver have been the best place to weather all storms both economic and political. Over its history gold has maintained it’s purchasing power or better in spite on any efforts to allegedly suppress its price. Case in point is that since the year 2000 gold has gone up fourfold. Those who espouse the gold manipulation theory believe that gold is undervalued and that the price would have been higher had not it been for the intervention. Perhaps, or perhaps not, it is inconclusive to say this and again history does not bear this out.
Regardless, of whether in the short term the price is been subjected to non-market intervening forces. Gold and Silver remain the soundest investment today considering the current political and geopolitical environment. It is a haven to safeguard one wealth. Fiat currencies have come and gone, but gold and silver are irreplaceable. In the long run Gold and Silver will shine, and short-term events should not come into the equation when investing in these precious metals.
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