The Long Case For Gold
Source: SeekingAlpha (3/14/07)
But is gold slated to go higher? A survey of well known market analysts have predicted gold price to reach as high as $850 this year. With a consensus (median) that it would reach as high as $750, it's still worth investing.
This year, expect to see a rise in gold prices. Gold has always been a universal currency. Go to any country and it will more or less have the same value. This year started with gold prices touching a low of $605 and reaching a high of $689 last week.
If you got the hint from my valentine message and you bought some, you would have seen a small margin within a short period of time.
But is gold slated to go higher? A survey of well known market analysts have predicted gold price to reach as high as $850 this year. With a consensus (median) that it would reach as high as $750, it's still worth investing. As the saying goes, gold is always meant to be bought.
If you got the hint from my valentine message and you bought some, you would have seen a small margin within a short period of time.
But is gold slated to go higher? A survey of well known market analysts have predicted gold price to reach as high as $850 this year. With a consensus (median) that it would reach as high as $750, it's still worth investing. As the saying goes, gold is always meant to be bought.