Image via Wikipedia
There are lots of good reasons to take a stake in gold, and right now the price is one of them.
After topping $1,000 an ounce in mid-February, the price of gold bullion had tumbled to $940 Monday. That's very close to a band of technical support at $935. Yet another layer at $900 should keep it from falling much lower.
Despite the lull, these are all relatively high prices historically. Yet as we face the threat of substantial global inflation as a result of recession fighting, gold's upside is enormous.
Why gold prices will keep rising - MSN Money - New Investor Center
No comments:
Post a Comment