March 1 (Bloomberg) — Gold was little changed in New York, halting a two-session rally, as the dollar climbed against the euro, eroding demand for the metal as an alternative investment. Silver fell from the highest price in almost a month.
Source:Gold Steady in N.Y. as Dollar Gains Against Euro; Silver Drops (Bloomberg)
 AFP |
Indonesia group prefers gold as dollar loses shine
AFP "We decided to mint silver and gold coins in Indonesia following a fatwa issued by Sheikh Abdalqadir as-Sufi in Cape Town of South Africa, banning Muslims … and more » |
Source:Indonesia group prefers gold as dollar loses shine – AFP
Take a look at this long term chart of the Gold Price…
GOLD REMAINS "real money" and wealth insurance, writes Brian Hunt for Steve Sjuggerud’s Daily Wealth.
So you can’t value it the way a stock buyer says, "I’ll pay 10 times earnings for this company," or the way a real estate investor says, "I’ll pay eight times annual rent for this house."
This "hard to value" component makes the metal fluctuate wildly within its long-term trend as investor sentiment ebbs and flows…
Don’t be surprised if the next "fluctuation" is toward lower Gold Prices. The Dollar is rallying from a deeply oversold condition, which likely means lower gold.
But even if that occurs, instead of panicking over your Gold Investing, take the long term view…and look at the five-year picture.
As you can see, the Gold Price could fall all the way down to $850 and still remain in the confines of its long-term bull trend.
How best to Buy Gold today? Slash your costs but get the utmost security by using BullionVault…
Source:Gold's Long-Term Picture
Take a look at this long term chart of the Gold Price…
GOLD REMAINS "real money" and wealth insurance, writes Brian Hunt for Steve Sjuggerud’s Daily Wealth.
So you can’t value it the way a stock buyer says, "I’ll pay 10 times earnings for this company," or the way a real estate investor says, "I’ll pay eight times annual rent for this house."
This "hard to value" component makes the metal fluctuate wildly within its long-term trend as investor sentiment ebbs and flows…
Don’t be surprised if the next "fluctuation" is toward lower Gold Prices. The Dollar is rallying from a deeply oversold condition, which likely means lower gold.
But even if that occurs, instead of panicking over your Gold Investing, take the long term view…and look at the five-year picture.
As you can see, the Gold Price could fall all the way down to $850 and still remain in the confines of its long-term bull trend.
How best to Buy Gold today? Slash your costs but get the utmost security by using BullionVault…
Source:Gold's Long-Term Picture
Take a look at this long term chart of the Gold Price…
GOLD REMAINS "real money" and wealth insurance, writes Brian Hunt for Steve Sjuggerud’s Daily Wealth.
So you can’t value it the way a stock buyer says, "I’ll pay 10 times earnings for this company," or the way a real estate investor says, "I’ll pay eight times annual rent for this house."
This "hard to value" component makes the metal fluctuate wildly within its long-term trend as investor sentiment ebbs and flows…
Don’t be surprised if the next "fluctuation" is toward lower Gold Prices. The Dollar is rallying from a deeply oversold condition, which likely means lower gold.
But even if that occurs, instead of panicking over your Gold Investing, take the long term view…and look at the five-year picture.
As you can see, the Gold Price could fall all the way down to $850 and still remain in the confines of its long-term bull trend.
How best to Buy Gold today? Slash your costs but get the utmost security by using BullionVault…
Source:Gold's Long-Term Picture