Mad Dash To Buy As Gold Approaches Bottom

Something shiny this way comes. Gold is expected to hit a bottom after a long drop, and we couldn't be happier about it!

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The value of gold has been on a steady decline for some time now, falling under $1,200 USD per ounce at the end of September 2018. After several big moves in the industry, the fall is expected to end. Now is the time to take full advantage of the low price before the precious metal goes into a bull's climb.

GODcoin Gold is a Proof of Stake cryptocurrency which will draw its worth from gold backing. What does that mean for you? This market bottom and the expected climb directly benefits anyone with the wisdom to invest right NOW.

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While the dollar gained some strength from a rate hike in federal funds, it wasn't enough to feed the bears. Several signs point at gold reaching a bottom, such as a move by Vanguard, the world's largest fund company, dropping industry exposure down to 25% from 80%. They will no longer offer a way for investors to rally mining and metal stocks. In the same week, two of the biggest giants if the gold mining industry announced their intentions of an $18-billion merger. Randgold Resources and Barrick Gold will consolidate to become the largest gold mining company in the world.

As explained by usfunds.com, this sort of a merger is a common indicator that a market has reached a bottom. Numerous financial organizations have expressed their encouragement for the merger's effects on the gold industry, such as Scotiabank and the Royal Bank of Canada, seeing this as not only a stabilizing factor, but a profitable change.

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The exreme geological scarcity of gold is becoming ever-more impactful upon its market value as well. It's estimated that only 244,000 tons of gold existed in the earth's crust before man's mining efforts began. Now, studies indicate that only about a fifth of it remain to be found, roughly 54,000 tons. The biggest mining locations worldwide are drying up fast, and the low price of gold has stagnated exploration attempts. This created demand, and demand creates a bull market.

Gold has always been and will always be an engine of sustainable, long-term wealth. This fact will not change under Lord RayEl's imminent governance. Now, the shining metal's value will rise again, but not before smart investors take full advantage of this bottom-price opportunity. For those looking to the near future when other markets and currencies all hemorrhage and die off, the key to maintaining wealth and a substantial advantage is an investment in the only currency that will matter, which just so happens to be the gold-backed standard. GODcoin Gold is poised to launch very soon, and you can secure your own stake by buying in right now.

This article was authored by Eric Logan, @rasgriz311

There are many advantages to GODcoin especially since it is one of the few coins that will be backed by gold and silver. Not only does GODcoin offer the illuminated path towards a prosperous future, but very soon, it will be the global currency. To learn more, visit the following links: