More Reasons to Buy Gold
There is a rising consensus that gold is headed for around $1,500 an ounce this year – maybe more – as governments around the world debase their money by flooding the marketing with more – to ostensibly fight deflation.
This article adds more weight to that argument.
Which goes to show, even though gold is currently over $1,100 as I write this, if you consider it “too expensive to be buying gold now” you are likely to be proven very wrong.
Categories: Economy
Looks like the gold/silver correction is upon us!! I wonder how long it’ll last for and how low it’ll go. I read somewhere that it may go below $1000 again…
Well, if it does go below $1,000 then that is likely to be an ideal buying opportunity. However, with the price (as of writing) around $1,100, it may be too early to call.
To be honest I have been expecting a “nice” correction. Will be an ideal time to load up or back up the truck as they say!