While this topic relates specifically to Temecula and resource connected to the gold market in that community, the Federal Reserve is set to make a very important rate decision today. This is regarding the recent moves in gold, and how the dollar and equities reflect the markets anticipation that the Fed will indicate rate cuts in meetings to come.
A message to traders and those looking to buy and sell gold! You can expect a fairly quiet start to the week, as all eyes will be on the Federal Open Market Committee (FOMC) meeting on Wednesday which will include the quarterly update to the Staff Economic Projections. For now, gold prices are a few dollars below their closing level from last week in what looks like a reasonable Monday morning continuation of Friday’s pull-back.
At Gems N' Loans, they offer a variety of jewelry, gold, silver, and personal consultations to help you expand your portfolio. They can also arrange private consultations.
Gold has been going up recently, and is up $35 last week alone and $75 in the previous three weeks on the winds of increased trade tensions and speculation that the Federal Reserve might cut interest rates this year. However, with recent gains, there is an important warning signal developing within the gold market that investors should be aware of. This signal points to a significant reversal lower within the coming 12-18 months, even if gold still has further room to run to the upside over the short-term.
There is a striking similarity between the negative scenario that is developing in the gold sector and the same warning signal which recently was proven correct in the oil market. Oil is, after all, often called “liquid gold.” We can learn much about what to expect from gold in studying the oil example.
Whether the market fluctuates based on crude oil prices and affecting gold prices, is yet to be determined. Regardless investing in gold or o silver is and will always be a viable investment opportunity and secure asset for trading and growing ones portfolio.
At Gems N' Loans in Temecula, there's has been numerous testimonials from customers buying and selling gold at fair market values. They are known for offering loans on heirloom jewelry as a means of luck cash!
When trying to exchange money for gold or simply looking to sell jewelry in search of a fair market price, it doesn't hurt to consult a local pawn shop for a consultation. Pawn brokers have been working with this commodity for years and are familiar with the market values. Advocates for gold suggest it is a good hedge against rising prices in today's markets. Gold is a better hedge against a crisis, rather than a hedge against inflation. In times of crisis, gold prices tend to rise.
When the value of the U.S. dollar falls against other currencies like during 1998 and 2008, people ran to the security of gold where supply and demand raised the price. During that time it tripled reaching a $1,000 an ounce. The decline in the U.S. dollar occurred for a number of reasons, including the country's large budget and trade deficits. During such financial dismay, it has always been a go to source for hard capital.
Gems N' Loans in Temecula offers fair pricing and trade on your gold assets. They have over 25 years in the business, and are not strangers to the exchange. While gold has historically been an excellent hedge against inflation, its price tends to rise when the cost of living increases, therefore, it is never to late to set up a consultation.
