Is It Time to Sell Gold?

A lot of people want to sell bullion today. But they must get the right information about gold because this is important. We will let you know about the different points of view of experts in the field of investing. This is great for you because you will have more room to manoeuvre when it comes to investing.

Reasons to Sell Your Gold

Gold is in a downward spiral now and the charts just look ugly. If you look at the technical analysis charts you will find out the truth about it. It is also possible that the downward spiral continues into the future and this is another reason to sell gold now. Inflation is very low these days and this is no good for any owner of gold out there. If inflation is around 1% there is no reason for you to keep stashing gold here and there. The FED will keep the dollar strong by using tightening measures. So you have to keep these things in mind to get protection because a strong dollar is not a good sign for you

There is a risk-on market environment. This is real because fear is an important factor when it comes to gold. There is also a risk-off geopolitical environment. We have to remember that gold is seen as a safe haven when the world is on the verge of an important war. But we also notice that the world has a relative peace these days though Trump was saber-rattling at the U.N. these days. There is also fear about how safe bitcoin is and this is also affecting the credibility of gold as a safe haven. The steep decline in the price of bitcoins is taking its toll on the confidence the market puts on gold.

Caveats

Many experts might also argue that charts look positive. They will talk about time frames of technical analysis charts and things like that. You should take these things into consideration before trying to sell your gold these days. Many people might also say that they will not sell gold because what matters is real interest rates in the context of inflation. They don't care too much about a low inflation and this argument seems to be strong in the eyes of many experts. Others might say that the dollar is in fact weaker these day and that gold therefore benefits a lot from this situation.

Other experts argue that price targets are a dime a dozen. It is almost impossible to set any price target for a commodity because of their unpredictable moves. Others say that Korea is a real threat for the safety of the world. Investors have always used gold as a safe haven in times of trouble.

You must pay close attention to these arguments because they will allow you to become a wiser investor down the road. You might have every reason to sell gold today but these tips will allow you to make a wiser decision after all. So take action and make your gold a new source of power and safety today.

This article was brought to you by:

Brisbane Gold Company
Shop 01/663 Ipswich Rd
Annerley QLD 4103 Australia

Tel: (07) 31236677
Web: http://www.brisbanegoldcompany.com.au/