Gold’s megatrend is great news for long term gold coin investment.

December 15, 2010 – There is a problem with following market analysts when making the decision to buy gold coins: the advice is often contradictory and it can change on a moment’s notice. Blame that on myopia.

Forecasting the movement in any market will never be an exact science, but by using the right methods it is possible to beat the averages. Most forecasts are only for the near term and are based on the more obvious conditions that can been seen on the surface. And the majority of long term forecasts are derived from force-fitting price movements to historical or theoretical curves.

The fatal flaw in both of those techniques is that they fail to account for the ever changing fundamentals that determine the long term direction of the market. A much more reliable, and proven successful, method was developed by two unlikely women from Costa Rica – the Aden sisters.

The Adens base their forecasts on what they call “megatrends,” very long term predictable price movements that evolve from years of tracking moving averages and that accurately reflect the direction in which the elemental forces are driving a market. While megatrends develop transitory conditions attract all of the attention, but once one is established it becomes the dominant market driver.

Gold’s megatrend is great news for long term gold coin investment. While prices have been consistently above the megatrend for some time, meaning some correction should be expected, all indications are that gold will remain bull far into the future. In their highly regarded investment newsletter, The Aden Forecast, the sisters strongly recommend taking a very aggressive gold position for the long haul as they themselves have done.

With the stock market’s megatrend looking very bleak, it would be wise to heed their advice with gold coin investments.

Kevin Johnson

Senior Staff Writer – GoldCoin.net