Spot Gold Price Headed Higher?
crystalline gold nugget
With pressure on the dollar by both China and India, plus the inflationary policies by the Fed, the only thing that will prevent gold from reaching much higher will be the manipulation of world governments and banks.
The value of gold is to “preserve” wealth; not necessarily to “increase” it. Think of it as being an insurance policy.
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Take a look at the purchasing power of the US$ for the last 100 years. What the trend clearly shows is that it is in steady decline. Also there have been very few times where the average investor has been able to get a real return (rate of return minus inflation rate) on their investments. This is forcing many investors to consider gold. Proper timing of entry and exit points will provide an acceptable level of wealth preservation. If that way of thinking deems me to be labeled as a “goldbug” then so be it.
Crystalline gold leaf
Not owning gold is like skipping the fire insurance – it saves you a few dollars per month at the risk of losing everything. I wonder if anybody is getting it yet.
Crystalline gold
To see the ‘live’ spot NY gold price and some museum size gold nuggets I suggest you visit a great site I found a few months ago. I purchased a few nuggets from them just about a month ago, and not only are they beautiful to look at but in just the last few weeks they have really moved up in value!
I’m actually saving to purchase others!
The site is: http://www.california-gold-rush-miner.us
California gold nugget specimens