Friday, August 12, 2011

Who would have expected gold to reach $1800 per ounce?

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min2664 Just 1 year ago, people said it's crazy that #gold would breach the $1,000 mark. Well it did, and we all know it – I am one of those who did not invest in gold then. Even after it breached the $1,000, I was again, one of those individual investors who thought gold was too expensive to invest in. Look at where we are now – Gold is at $1,800 per ounce, and where would it all go? Is sky the limit for gold? Sure looks that way. With the continuing debt crisis in US and Europe, can gold reach $5,000 (or MORE?) as predicted by some analysts? Here is one analyst from Casey research telling you why it's not too expensive to buy gold now: http://www.mining.com/2011/08/09/when-buying-gold-becomes-a-life-or-death-question-2/ Personally, I don't think so…but then I am the cautious investor who didn't invest in gold when I should… So I will leave it to the experts – We are convening some of these key experts and gold mining companies at #CommoditiesWeekAsia and # AsiaMiningCongress this coming March. Do join us at the conferences to meet with these people face to face!



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