The price of gold will soar: Why Gold Investors should buy, buy, buy!

In March this year, the price of gold per small amount hit an all-time high of $ 1030. 80th On 15/08, gold hit the nine-month low of $ 773rd It is a rectification of 25%! Barely one month alone – from 15 July – 19th August – gold has fallen 20%. Now, it’s downright scary! I know that many gold investors, there probably do not know if the gold bull market is over. At this point, you’re probably tired and thinking seriously of dumping whatever hard assets you have. I’ll show you a bit of historical gold trivia that I hope to reassure you. So, take a deep breath. Relax. And keep reading. It may be comforting to know that the last fantastic gold bull market in 1970 was also interrupted by similar corrections.

1st In November 1978, gold had a 20% rectification. 2nd In October 1979, gold has lost 13% in four days! 3rd Gold was a tremendous adjustment to 1975, representing 50% $ 200 to $ 100 per small amount of the 1976th At that time, everyone proclaimed that the bull market in gold was over. As gold investors well know, the price of gold continued to rise in coming years non-stop until it hit $ 850 1980th Okay, I know what you reckon. That was then. This is now. Ah, but even in the current bull market, gold has had corrections similar to what we are experiencing today. 1st In summer 2006, gold fell 21%. 2nd But the end of 2007, gold was 45% higher. Point I’m trying to make is that corrections, painful as they are, it is normal bull markets. Now, if hard to keep a look at the data, we must determine whether to buy gold fundamentals are still intact. Let’s go back to March when gold was over $ 1000 per small amount increased. You were very enthusiastic, huh? Now question yourself: what was the price of gold rising so? 1st Inflation was rise2. The dollar had long-term problems3. Banks were failing4. Insolvency5 mortgage lenders were facing. House prices falling6. Economy was on the verge of recession7. Oil faced a long-term supply contracts shortageOkay now question: is one of the seven elements listed above changed? Reckon about it. If the gold bull market were over, we would have: 1 Low inflation2. Healthy banks3. Stable housing prices4. New generous oil discovery5. Increasing job creation6. Rate7 falling unemployment. Responsible for taxation government8. A passionate dollar because a balanced budget and a declining shortage

I see none of the above to happen any time soon. Do you? Finally, I would say that it is safe to assume that the main reasons for owning gold a safe investment, are still valid. I would also venture to say that gold – at $ 800 per small amount – is the possibility of buying a life!

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