Should I buy gold stocks now, that keep hitting new highs? Why gold could rally 60% to a new high and hit $3,944 Well, well, the gold price hit a new record. It's up 25% in a year and once it punches through $2500, it will probably keep rising as central banks keep buying more gold. Why are banks buying gold? Central banks around the world are reducing the amount of US dollars they hol...
151453268 witso :
wow jess you like the shiny stuff too, your posts are always on point and timely . American interest rate direction and the gold price are closely tied particularly as you said about the state of dollar. There are so many factors providing a tail wind for gold some obvious like the oil price some not so obvious but definitely in play like China, Russia and the Saudi,s toying with a new currency to do business with and buying bulk gold possibly to bankroll it off . Their has to be a great recipe for gold and your insight is definitely part of it
We talked about several ways to build your portfolio in the US stock market last Thursday (7/11) in light of the interest rate cuts. This week, we will examine the potential for investing in gold. Gold hits a new high. Since March of this year, gold has been steadily climbing and broke through several key price levels after reaching a historic high on March 6th. Following a period of consolidation between mi...
$Barrick Gold(GOLD.US)$genius ceo, through careful planning and organization, extends life of mine and increases gold, copper, and other precious metal output.
151453268 witso : wow jess you like the shiny stuff too, your posts are always on point and timely . American interest rate direction and the gold price are closely tied particularly as you said about the state of dollar. There are so many factors providing a tail wind for gold some obvious like the oil price some not so obvious but definitely in play like China, Russia and the Saudi,s toying with a new currency to do business with and buying bulk gold possibly to bankroll it off . Their has to be a great recipe for gold and your insight is definitely part of it