There are multiple reasons why investors are diving into gold this year. Getty Images Investment demand for gold has seen a significant increase so far this year. That's good news for the price of gold. After all, gold is bound by the law of supply and demand. So, as demand rises,...
Furthermore, in the context of anti-globalization, geographical conflicts are frequent, and the US dollar credit system is fluctuating, compounding the increase in safe-haven demand during the election year, and driving the central bank to continue to buy funds, which will support gold prices in...
You see, mathematically, the 17% by central banks isn’t a huge portion of the overall gold demand. So even though we hear a lot about central banks buying gold, we aren’t seeing a sharp spike in gold prices because of that. Their increase in demand isn’t having a larger impact on...
Geologists have estimated that only 55 tons remains buried away in the Earth’s crust, which means, if current global mining rates continued, we could run out of newfound gold in just 20 years. So, as gold mining cont...
The number of people over is expected to increase two times during the next year. And you united nations population study say the percentage of older people in the world is risking quickly. Today, one of every people is over is six. By the middle of the next century. One in people in...
Perhaps, as it's now 2012 and your prophecy has come to naught, should we all sell today? I think not! Byanon208688— On Aug 23, 2011 As long as the printing press is running, gold's price will continue to increase in relation to the loss of purchasing power due to inflation. ...
Add gold to your investment portfolio today. Why gold is a key asset in recession-proof portfolios Are you looking for a way to prepare for a potential recession? Here's why experts say gold can be a good idea. Gold's price grows when worries do ...
M: Well, I came out here aiming for the gold. I got third place last time, and it was not the result I had hoped for. W: What happened today? You were looking extremely good at the start. M: I blew it! The car was a bit out of control. W: Some people might have given up...
gold goes up, miners' higherprofit marginscan boost earnings exponentially. Suppose a mining company has a profit margin of $200 when the price of gold is $1,000. If the price rises 10%, to $1,100 an ounce, the operating margin of the gold miner goes up to $300—a 50% increase....
Gold IRAs provide an effective means of diversifying retirement savings portfolios. Their appealing combination of safety, stability, tax advantages and tax deferral make Gold IRAs highly desirable additions. Their popularity will only continue to increase. ...