Is Gold to expensive? Its never the right time to buy gold, people always waiting for the dips in the market but the overall long term trend with Gold at present is up and in my view we will see the Gold Price reach $2,000 p/oz before we see any dramatic pull back.
Why is this?
The fact that the US Fed is on a path at present of never ending money printing, this is a typical reason that is sited. I believe though even with the media preaching about a record Gold Price we are still not at the inflation adjusted high of the 1980's, which in today's terms would be in excess of $2,350 p/oz.
So sit back and let see the Gold Bull continue until $2,000 + p/oz.
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