December 29, 2009 · 7 comments
in GoldMoney, USD, commodities, gold, hedging, international stock market, investing, market trends, metals, mining, precious metals, stocks, wealth protection
As I write this in late December 2009, gold sits at “only”! $1104/oz., when just about two weeks ago it was at its all-time secular high north of $1200. Many correctly called what seemed to be, at least in the short-term, a “gold bubble.”
But I don’t think it’s wise to write gold off completely. Gold [...]
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It wasn’t surprising at $1000/oz, but even at $1100/oz this week, the naysayers are still in full force. What’s to deny about the trend in gold prices? You don’t have to be a gold bug to see what’s happening.
Here are the six main factors causing the price of gold to continue to rise. In some [...]
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