Hi Folks, ....and taken from the 'Wealth Daily' July 15th, 2017...

Hi Folks,

....and taken from the 'Wealth Daily'

July 15th, 2017

Analysis from UBS shows that gold has entered a “new phase” and that growing uncertainty about the risks facing the global economy and worries about the effectiveness of failed monetary policies such as zero and negative interest rates have combined to make gold an extremely attractive investment at the forefront of global markets.

There are innumerable indicators pointing to a continuation of the bull run in gold prices that started last year.

The Great British pound, one of few reserve currencies, has plummeted in value, leaving only a handful of places for investors and central banks to look for diversification to protect against currency risk.

Institutional investors have increased gold buying and reduced stock positions.



Chinese and Indian buyers have stepped up purchase of the metal.

Even central banks have increased their purchase of gold over the past few months.

All this points to the fact that the rally we saw in 2016 is destined to continue into 2017. Legendary investor Doug Casey even predicts prices as high as $3,000 per ounce by the end of the year.