With all the media focus now been driven towards Iran as having or trying to develop nuclear weapons, the ever posing threat of an upcoming conflict between US/Nato forces against Iran, this will only put more pressure on the Gold Price trend to remain upwards.
In times of conflict in the past we see Gold become a safe haven as people seek a safe place to store their wealth, this will keep driving the Gold Price up. So the combination between the unstable world financial system and the possibility of a 3rd war in the Middle East region I can say medium to long term I am very Gold orientated with any of my investments, whether that be in physical Gold or in Gold stocks I think it's a safe bet.
So at this stage let take the sit back approach to the Iran conflict but I dare say with Iran having 10-15% of the worlds know Oil reserves it only a matter of time before a US led Nato invasion takes place.
For more Gold Information visit www.easygoldinvestment.com
No comments:
Post a Comment