What goes up must come down.
The Gold Rate as far as a
commodity is insurance against the US Dollar.
When the dollar goes up, gold prices
goes down. When gold goes down the
dollar goes up. Gold is security, but
when do you sell it?
Economic indicators for the gold rates lie in the value of the US dollar so if the economy is
improving
it is time to sell. Gold has been up for over four years and has affected the silver price and platinum pricing. The economy is getting better and gold has been slowly declining.
it is time to sell. Gold has been up for over four years and has affected the silver price and platinum pricing. The economy is getting better and gold has been slowly declining.
My suggestion is to sell now as the economy improves. When gold hits $500.00 per ounce buy it again
for security against the dollar collapsing again. Buy low sell high. It is beyond the peak so SELL SELL SELL.
Kevin Robbins http://www.goldsolutionsoffortmyers.com/contact.html
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