New York, USA – The long term valuations for the stock market don’t look appetizing, and this has brought into focus the suggestion that gold, the old time favorite investment vehicle, could hold better prospects, says Strahan McNeil Partners is a New York headquartered finance firm.
Investors have usually bought gold as a safe hedge, especially when the global economic territories are shaken by instability. This is certainly the case today in Europe and the Middle East, and with the stocks appearing overvalued, gold can be looked upon as an avenue worth considering.
“Although the recent changes in fed rates and the overheating of the stock market have pulled gold down, there is good reason to invest in gold. If long term interest rates decline due to global uncertainties, then we can see a good appreciation in the value of gold,” says Strahan McNeil.
Some experts forecast a lower valuation for gold this year compared to last year. However, there are also indications that gold rates will not succumb to more pressure, and uncertainties will continue to keep it stable in the near future.
Strahan McNeil Partners is a New York headquartered finance firm which operates a global network of over 560 finance professionals redefining their traditional role as ‘financial technicians’. The firm offers specialized financial services that handles audits, restructuring, structured finance, and mergers and acquisitions. Focused on turning knowledge into value and advantage for its clients, Strahan McNeil Partners provides clients with wide ranging financial and accounting services that meet globally consistent norms.
Strahan McNeil Partners is today playing a new role in the capital markets, supporting positive reforms that would strengthen credibility and confidence. The firm actively takes up social responsibility, making it part of its central, working agenda so as to make a real difference to the communities it serves.
For more information, please visit: www.strahanmcneil.com
Company Name: Strahan McNeil Partners
Contact Person: Simon Wheeler
Phone: (646) 681-7423
Address:685 3rd Ave
City: New York
State: NY 10017
Country: United States