By Christi Roberts on October 19, 2011 at 3:23 pm
As the aftermath of multiple bank stimuli continue to work their way through the financial system, gold prices continue to rise to unprecedented heights in anticipation of massive inflation. The Federal Reserve is widely seen as artificially holding down inflation to prevent commodity prices from going up in a time of recession, and gold has historically been seen as a hedge against a falling dollar. The dollar seems primed to fall when the Federal Reserve lets up on its “quantitative easing” program, according to most financial experts.
As gold prices continue to increase to record highs, many financial experts are recommending that their clients get into annuities, especially annuities that have a basket of recession proof commodities and stocks like gold.
In times immediately following recessions, many investments that are usually seen as low risk actually increased in price faster historically than so-called growth investments. Annuities with gold are among these types of investments, and they are, as if history is repeating itself yet again, going up in price much faster than even some full equity investments, which are fluctuating with the volatile economic environment. ...........
http://www.annuitynewsjournal.com/gold-prices-on-hold-by-us-dollar/
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