Your Questions About Invest In Gold Stock

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Charles asks…

What will happen if the stock market crashes?

With the recent loss, if the stock market crashes what will happen? Is it in danger of crashing?

Justin answers:

If the Stock Market crashes and we enter a ‘depression’, America will likely take on a nightmare scenario as companies shut down, prices for food and gas shoot up, and social unrest occurs…

The Dow Jones Industrial Average finished the first week of January under 13,000… It was the worst year’s opening in a quarter century.

So who knows it could happen…

Safeguard yourself…

Get rid of debt: This is idea number one. Pay off those credit cards. Pay off all loans that you can. If you can start paying off more of that mortgage, now may be the time to do it as well. Those with the least amount of debt will be affected the least when the crash occurs.

Have cash on you: If such a crash were to occur, banks would be rendered useless for a period of time. In other words, say goodbye to checks and credit cards. Thus, having a significant amount of cash in small bills (people won’t have change) would be wise.

Invest in hard assets: We’re talking gold and silver bullion and coins here. These will endure beyond the problem and can also be used under terrible circumstances if needed.

Chris asks…

How does the united states stock market effect the world?

if our stock market is plunging how does that effect the world and their stock markets? how does it effect the world at all?

Justin answers:

It effects it profoundly because ailing banks and investors don’t just have money tied up in America, remember that globalisation everyone was talking about, they have investments all over the world. Similarly much of the rest of the world has invested in America, which is losing value by the day.

Also the US economy is the centre of the world financially. Without it, much of the real economic output of exports would have nowhere to go. As the US economy falters there will be less profit yield from trading with the US, which for many countries is the biggest market for their products.

Similarly, most important currency in the world is the $US. As it falls, prices rise relatively in other countries.

The other thing is. Seen as the US economy is the most powerful. The fact that it looks like it’s going into recession is a terrible blow to the confidence of the rest of the worlds financial sectors. Less confidence typically means a flight of investment out of shares and into cash or gold.

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