What a year for gold in 2011! It was up 9% in US dollar price terms and even more so in most other currencies; outperformed a large number of asset classes reinforcing its role as a foundation asset in portfolio construction; provided liquidity when investors needed it the most, acting as a risk management vehicle [and] served as a currency hedge throughout the year, in particular against the US dollar;...[and] gold fundamentals of supply and demand were robust [ which should remain so in 2112]. Words: 1530
Read More »Gold Will Reach $3,000/$4,000/$5,000 Before This Bull Market Is Over! Here are 12 Factors Why (+2K Views)
I believe that the price of gold will... reach... $3,000, $4,000, and even $5,000 [per troy] ounce...during the course of this long-lasting bull market, a bull market that still has years of life left to it...[although] prices will remain extremely volatile - with big swings both up and down along a rising trend...The future price of gold is a function of past and prospective world economic, demographic, and political developments [and in this article] I review some of these developments and trends - so that you can come to your own "golden" conclusions. Words: 3800
Read More »Price of Gold Likely To Fall Below $1000 By Year End – Natixis (+2K Views)
While there are some good reasons to hold gold at the moment, many of the drivers behind gold's strong, decade-long run look like they have begun to turn and, as a result, the price of gold is likely to fall below $1,000, in the short to medium term, possibly as soon as year end. Words: 861
Read More »Embry: Gold Price to Go Parabolic in Near Future – For Good Reason! (+2K Views)
As inflation rears its ugly head and future demand for gold promises to overwhelm mine supply, gold’s price will launch a parabolic rise from current levels in the near future. Gold has much, much further to go. Words: 536
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