It begins to look like an election year 1932. This may seem high, but the factors of the dollar in decline, while the economy slips further immersion, in 1931. It would be ironic and absurd political assembly. I wonder if Republicans compare Obama to Hoover. $ 10,000 / oz before the summit.
Most shares lost nearly 60%. I do not think is true. Most people can not avoid. This is a peak, and the race will end soon. All you have to do is look at the rankings and you will see my point. Many people go to the store to sell their gold jewelry. It's as bad as the financial collapse of 2008. Gold does not go much higher. In 1980, gold reached $ 825 an ounce, indexed to inflation, which would be $ 2,200 today. Gold is not worth $ 2,000 per ounce. This is an indication of the prices are too high. Personally, I recommend people to short gold. I have no positions in gold than a small position in my retirement portfolio by 1.5%. If you think with your head, there will be a smart investor in gold. However, there was an increase in gold prices, and the next two years, gold fell to $ 300 an ounce, leaving investors with a loss of + 60% if it is near the summit. Historically, says the cost of a suit of national production. And for those who were in it, maybe it's time to take profits and run. Gold is a good emotional. Therefore, those who are considering entering or have missed the boat and will be very disappointed to lose their money to invest in gold at this point in the game. Is $ 2,000 an ounce? Well, I do not. Just look at the sharp rise in the ranking of prices. Today you can buy a suit made to the U.S. $ 1000, so it would be a more accurate price of gold. Most gold buyers are investors who are hoarding, creating a bubble that has suffered the fall when there is a modest amount of profit taking. Only two years ago, traders estimated at less than $ 800 an ounce. It would be logical that the only time that gold would be very expensive, it is when people have money to spend on it, and the surplus is a commonplace in society.
It was in 1980. I agree with many of you that the price of gold is something about the fear of unknowns in the market. Money can be made of gold? In all likelihood. Should I invest in? No!. My latest investment in the product, in fact, our belief is that gold reached an incredible level of $ 800/oz. He has not kept pace with inflation.
The question is not how high the gold, but how low the fall in equity markets. Of course, skeptics will be fine one day, but has lost one of the investment opportunities in the most extraordinary ever presented to those who have eyes to see and the courage to follow. Those of us who have chosen – perfectly rational – to invest in gold in the last ten years have lived with shouts of "Bubble" because it exceeded $ 300. However, it continues to rise. Gold is simply a stable value historic warehouse – and therein lies its true value.
How high can gold per troy ounce?.
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