Wednesday, November 4, 2009

Gold price


Gold price, can you say $1200 . In fact some is calling now for gold $1500. Based on the current economic climate gold prices should hit the $1200 target possible with in the next few months. Of course we have been saying that for a while but it seem closer this time around. Gold hit the $1094 with aggressive purchasing by investors today. This will not subside anytime soon. Countries around the world will start to buy gold even more aggressively as the demand pick up (China). One of the other reason why gold has moved higher simple there are no other investments that is as attractive has gold right now. US bonds has played out and the oil play is not stable with too many people influencing the price.

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