In the next decade, no one can prevent the rise of gold. At least that’s what Owen Hegarty, an Australian expert in mineral resources, says.
He told a Chinese news agency that gold prices will remain on an upswing in a decade in spite of recent fluctuations. For the near future, or at least in this [...]
Jan
26
2010
26
2010
Golden Decade
Jan
20
2010
20
2010
Are you prepared for these possible gold scenarios?
If gold can hold around the 20-week average through this cyclic low, it will be getting a higher low than December and be similar to pullbacks found in gold’s strongest bull markets. New highs are expected soon after penetrating the resistance line from December 3rd.
But if prices continue to fall then the pattern will have [...]
Jan
12
2010
12
2010
Time to buy gold?
Could inflation increase gold’s price? At the recent major inflationary period (1977-1980) gold prices increased from $150 an ounce to $850 an ounce – almost sixfold. At present, gold prices are up fourfold without inflation. Unless you believe the government will stop spending and printing, gold prices are bound to rise.
This year, discussions will move [...]