What is the gold trend in 2010? How to project the gold trend what are all the factors determines…?
Is it wise to invest in gold now…? Can we wait ? What could be the somewhat right period for gold buying..?
Gold prices will go up and down in 2010. Of course, the devil is in the details. The price of gold has been rapidly rising, and many people feel it is due for a correction downwards. Unfortunately, it is not clear when this will happen, nor is it clear how low the price will go.
If you have gold I would not advise you to sell it. If you have cash, you can buy now or wait for prices to dip.
I am confident that in the long run, gold prices will rise due to inflation of $US and all fiat currencies.
Grandpa
I bet Canada is going to win the gold in hockey. Canada has a history of doing well in hockey.
References :
Gold prices will go up and down in 2010. Of course, the devil is in the details. The price of gold has been rapidly rising, and many people feel it is due for a correction downwards. Unfortunately, it is not clear when this will happen, nor is it clear how low the price will go.
If you have gold I would not advise you to sell it. If you have cash, you can buy now or wait for prices to dip.
I am confident that in the long run, gold prices will rise due to inflation of $US and all fiat currencies.
Grandpa
References :