Author Topic: Gold is still a good bet  (Read 3983 times)

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Philofacts

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Gold is still a good bet
« on: July 04, 2011, 12:44:14 pm »
Gold is still looking a great investment against rising inflation.
India has increased Gold imports by 1000% since 1990 as emerging markets beome more wealthy.
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The Prophet

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Re: Gold is still a good bet
« Reply #1 on: August 10, 2011, 12:35:42 pm »
Gold hit a new high this week of $1795 as financial stocks worldwide fell in panic after the US credit rating was downgraded from AAA to AA+ at the weekend.
The Fed's announcement that US interest rates are likely to stay at the current near zero levels until 2013 stemmed the falls sparking a modest recovery.

The Gold price is likely to surge ahead on current fears and the Euro crisis with many are expecting $2000 an ounce in the not too distant future.


Banjo

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Re: Gold is still a good bet
« Reply #2 on: August 11, 2011, 09:44:45 am »
It looks like Gold is the only way of preserving your wealth, especially after the stock crash over the last two weeks.

Philofacts

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Re: Gold is still a good bet
« Reply #3 on: August 16, 2011, 09:05:23 am »
Gold has risen in price by 16% in the last month alone and by 550% since the Gold bull market began ten years ago.
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