Gold within a rapid Rallye of 650 USD on up to 1.000 USD per ounce increased in price. The precious metal remains nevertheless as plant object still attractively. Several factors support the acceptance that the gold boom will not end also in the coming months. First the inflation drives the investors scharenweise into the safe currency. Apart from this aspect also the weak Greenback provides for high interest among the investors, since gold in USD is to be had noted and momentarily thus more favorably. The third factor of influence is the unchanged uncertainty regarding the condition of the world-wide bank landscape. It might be only one question of the time, until the next horror messages penetrate over renewed billion-writings-off to the light of the public. Gold thus directly support experiences from three directions, whereby the 1,000 USD mark might be fast again current. An attractive second entrance chance is offered to investors on the current level around 930 USD. On view of 12 months we think easily 1,200 USD per ounce to the gold rate capable of.
MON Price at posting:
0.0¢ Sentiment: ST Buy Disclosure: Held