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Buying gold now could be a lot like buying stocks in 2009


February 29th, 2016 08:40 AM

buying gold now could be a lot like buying stocks in 2009

Here is a great article about Gold written by Shawn Langlois at Marketwatch.com. Langlois sites a quote from Gaveka Capital saying:

“Buying gold today may be comparable to buying stocks in April 2009,”

The article has six main point of why Gaveka Capital thinks Gold is just starting it's rally.

Also provided in the article is an interesting chart of the S&P 500, and if history repeats itself, the S&P 500 is in some serious trouble.

Click Here To Read this entire article on Marketwatch.com

 



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Dr. Caskey has over 30 years experience as a trusted financial professional. Over the past three decades, he has helped scores of valued clients create, protect, and distribute wealth in an effort to greatly enhance their overall quality of life. He lives with his wife Jeannine in Firestone, Colorado. They have raised 5 kids and have 11 grandkids.

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*Disclaimer* - *Guarantees are backed by the financial strength and claims-paying ability of the issuing company. Bonus annuities may include higher surrender charges, longer surrender periods, lower caps, higher spreads, or other restrictions that are not included in similar annuities that don’t offer a bonus. By responding you may be contacted by an insurance agent. Annuities are designed to meet long-term needs for retirement income. They provide guarantees against the loss of principal and credited interest, and the reassurance of a death benefit for beneficiaries. This website and its contents, downloads, videos and audio files are designed to provide general information on the subjects covered and is provided to you for informational purposes only. Pursuant to IRS Circular 230, it is not, however, intended to provide specific legal or tax advice and cannot be used to avoid tax penalties or to promote, market, or recommend any tax plan or arrangement. Please note that Ron Caskey does not give legal or tax advice. Please consult your tax advisor or attorney. Ron Caskey is a registered and licensed insurance agent resident in the state of Colorado, non resident in multiple other states. This website focuses on insurance products in an attempt to avoid volatility. The term "Safe Money" should not be understood as signifying a guarantee or a guaranteed investment.*
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I am not, nor have I ever been, nor do I ever want to be a “Financial Planner, Investment Adviser, Certified Financial Planner”. As a result, I do not provide investment advice, nor do I sell securities. Therefore, I have NEVER, nor will I EVER recommend, suggest, or imply to anyone that they should sell a security or move a security into an Indexed Annuity. I only provide my clients choices in Life Insurance Company Products and explain to customers how the products work. After they get the information, it is my client’s choice, not mine, whether to buy an Insurance Product and what assets to use to do so.**
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