wtorek, 16 kwietnia 2013

Gold Prices Rebound

Goldman Sachs strategists Damien Courvalin and Jeff Currie hit their $1450 year-end price target for gold only three days into a new recommendation to shortA long-ignored asset finally gets hot, and its price rises for a while. The rising price of the asset attracts new investors, which drives prices even higher. And as the price rises, investors develop compelling explanations for why that's happeningTrying to explain why the price of gold is falling is a bit like trying to say why lightning strikes one place but not another. We know the general principles involved, but beyond that it's mostly guesswork. Still, here are six theories,As early as 2011, George Soros, a legend among the world's best-known speculators, called the meteoric recent rise in the price of gold "the ultimate bubble." At that point, the price had roughly tripled in less than five years. More recently, he(MoneyWatch) You may have noticed that you haven't heard many infomercials lately preaching fear and why you need to buy gold today because prices can only go up -- I suspect you know that's because gold prices have dropped big time and those
Related External LinksGold Prices Biggest Drop In 30 Years | Stuff.co.nzGold Jewelry Gold Prices - Business InsiderGold price carnage sends shockwaves in Canada mining industry

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