It seems like there's no way of stopping gold from its upward march. Even with the stronger dollar today, gold surpassed $1,410 an once, setting a new price record. Clearly the market is nervous about the world economy and the dollar's viability, so it keeps pouring money into gold. As with everything else, at some — Continue reading »
Gold to $800/oz
📆 May 19, 2010
Just read this article on Fortune about predictions of gold prices falling to $800-$900/oz in the next 1-2 years. The justification being that with the world markets stabilizing, investment in gold will no longer be viewed as a prudent choice and investors will abandon the metal for more rewarding bets. I don't see these predictions — Continue reading »
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