Has Gold Topped Out for Now?

Gold is at a current high and some people believe it is topped out. Does this mean you should cash in your gold now and collect on the increase in your investment? It could be after all Gold did nothing for quite a few years and now look at it today. Are we at the top of the gold market now?

Many people believe the gold is a smart investment because other investments are on shaky ground. We have a little correction in the stock market and real estate is also questionable too. Many also believe the Chinese currency to be on uneven footing. Even with the bank of China going public some people feel that perhaps things are not so well in China and that many of the loans that were made their are not good and this is why the bank is going public to sell their worthless stock to the fishes. But even so China’s growth can certainly eat a lot of losses and keep going. So should you stay in gold?

The market in Tokyo is also interesting as it has been changing to and this hasn't happened for years. With the national debt mounting in the United States of America some are feeling that perhaps gold is a safer place to be. Recently the stock market took a huge hit and gave back all of the earnings for the past 18 months. But the stock market also appears to be at the bottom end may rebound robustly. Am I putting in a buy signal for stocks? Well, I am certainly on the verge of it indeed, thanks for asking.

Is this a time to get out of your gold and buy stocks, well many analysts think so and many of the analysts who watch charts also believe this to be. What do you think? Is it a time to sell your gold or not? Please consider this in 2006.

Lance Winslow

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Lance Winslow - EzineArticles Expert Author