Long term gold will continue to climb at an increasing rate.
Gold should hit $1500 plus within 2 years.
We have global inflation - money is being printed like paper - and will soon have the value of paper, not only in the US but around the world where countries are printing more of their own currencies and buying the USD to give it false support.
That's because it's in noones interest to see the USD collapse - but global inflation has set in big time as a result of this false support - which will only support gold going forward.
Also China and emerging Asian economies have inflation rates running at 10% - and their growing middle class will increasingly be buying gold as an investment and hedge.
The growing Asian middle class love their gold jewelry too - which is good news.
The global gold supply is limited mines can only mine at the current - and the US has only as much gold in reserve as Mexico - not much for the global no.1 country.
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