My last thought,,,,Don't always believe the dramatic DOOM posts. Everyone has their own motivations and right now many will be shorting gold...
Best time to buy something is when its out of favour and most are selling...Things can change really fast.
Who knows, If USA slows in the next few months and the Fed decides that QE will continue, gold could change direction really fast..no guarantees though
Lots of reason for gold price to rise again..
SUPPLY AND DEMAND?
LIMITED AMOUNT OF ECONOMIC GOLD RESOURCES AROUND?
GLOBAL DEBT ISSUES?
QUANTATATIVE EASING/PRINTING MONEY IN USA?
GOLD AS A HEDGE AGAINST INFLATION,CURRENCY UNCERTAINTY?
Be greedy when others are fearful :0)
I am not a person who buys gold but I like to have a longer term view and I hate selling after huge falls when I know that most commodities, stocks go up and down....
Some will buy high and sell high due to fear or doubt,,,
Don't forget why you made the investment in the first place
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