ROCK BEATS PAPER: Gold, Other Tangible Assets Continue to Steamroll a Weak Dollar
Even with a slight rebound in U.S. currency at the end of last week, inflation expectations and continued economic uncertainty are still polishing the investment attraction of gold, as it settled up at nearly $1,150 an ounce. Following right in line with it were platinum, silver, copper, nickel and other precious and industrial metals.
Meanwhile, as the U.S. and world economies have also found some kind of footing—at least giving the impression of a possible recovery—oil, iron ore and other such raw materials are likewise seeing a surge.
“Make no mistake,” says Swiss America CEO, Craig R. Smith, a spot-on financial prognosticator throughout the past decade, “tangible assets are shining going into 2010, with everyone from individual investors, to hedge funds, to central banks seeking wealth protection right now.”
In the year 2000 Craig wrote the nearly prophetic boo, "Rediscovering gold in the 21st century," wherein he predicted EXACTLY what has occurred with gold values.
So, what does the foreseeable trend of this groundswell of gold buying really look like? And, more importantly, with investor anxiety being the fuel for such a fast and furious movement, how will it impact our overall economy in the next 12 to 18 months? Is the dollar really in its twilight years of global monetary preeminence?
Smith is available for interviews to offer his unique and incredibly broad perspective on these economic issues weighing so heavily on Americans right now.
From the stock market to the housing market to the job market, he’s prepared to offer his expertise on the integrated, domino effect of it all. And, while it certainly won’t be an outpouring of good news, Smith’s analysis always involves facing reality to recognize opportunity.
Call Special Guests today for answers and solutions. Along with providing your audience a candid insight into our most pressing recession concerns, Smith will also offer, FREE, Swiss America’s latest Special Report, The Incredible Shrinking Dollar: How to Fight Back, along with his company’s Gold 101 DVD. They’re both available just by calling 800-289-2646.
ABOUT YOUR EXPERT GUEST CRAIG R. SMITH
Craig R. Smith is an author, commentator and popular media guest because he instantly engages audiences with his common-sense analyses of local, national and global trends. Serving as CEO of Swiss America for over 25 years, Craig understands that Americans want solid answers to the tough questions and that real leadership begins with servanthood. Craig's most recent book is Black Gold Stranglehold: The Myth of Scarcity and the Politics of Oil, which he co-authored with WND columnist Jerome R. Corsi.