Monday, August 27, 2012

Will gold prices keep rising? Is it too late to buy gold? | Gold ...

FAQ: Will gold prices keep rising? Is it too late to buy gold?

Pretty straight forward. Will gold continue to rise a significant amount, or would it be suggested to invest in something else?

Goldsenze Answer:

I think it comes down to what you think of the alternate to investing in gold, which is largely US currency. Either you believe the US currency market/debt market will continue to become devalued, eventually leading to collapse, in which case you should invest in gold as a hedge. Or you might think that the currency market will strengthen, and eventually move to its former position, in which case we are in a gold bubble, and you should not invest in gold. Gold and Currency are in an inversely correlated relationship, so you should pick a side, it?s that simple.

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