The value of gold - what to expect from it?
(EMGoldex news!)
In 2012, the price of gold was corrected within the band 1600-1800 dollars per troy ounce, and already this year has fallen to the level of $ 1,300 per troy ounce, we equate with the index, which was observed in mid-2010. The fact that the gold price will fall so low, no one expected, because until very recently talked about her increasing to $ 2,000 per ounce.
If some experts were confident that at the time when the price of gold went down, investors will start to get rid of it, they, on the contrary, have shown unanimous confidence in the yellow metal. In addition, many of them continue to increase their gold reserves, taking advantage of the opportunity to buy gold cheaply. In an unstable world economy, with weak global currencies and negative outlook of the International Monetary Fund to increase global GDP gold remains the most reliable investment, better alternatives that do not yet exist.
Investor Jim Sinclair confident that the summer 2014 the price of gold will be restored, and then exceed the maximum rate and eventually reach $ 2,400 per troy ounce. It is supported by U.S. economists Nouriel Roubini and Warren Buffett, who argue that the price of gold will change in a positive way because of the irrational behavior of investors.
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