What a stupendous returns Gold has given in this 5 year period. Its really good, isn't? There is so much happening at the gold front... George Soros, billionaire financier says Gold is the ultimate bubble. Check the 5 year chart at Goldprice.
Usually during bubble burst, gold prices start rising. But this time both the market (Sensex/Nifty) and gold prices both moving towards northward, let's see which is going to burst! Don't know whether my understanding is right.
If you check the USAGOLD you will find the discussion about gold to follow the secular bull market of 1982 to 2000 (a 18 year period) to see the gold at $4600 per ounce by 2019. (current price $1300 per ounce). Check out the Chart #6 and Chart #8 of its October newsletter.
Find the following useful articles related to gold:
1. Understanding Gold by Paul van Eeden
Showing posts with label understanding gold. Show all posts
Showing posts with label understanding gold. Show all posts
Saturday, October 2, 2010
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