Posted by: Pradeep | November 10, 2007

Gold – is it going to shine any further?

I have been tracking this precious metal for quite some time now and fact remains it has given the highest possible returns with least risk on downside. There is clear link between rising fuel prices, falling dollar, world economic inflation and GOLD prices. The recent worries on world economies going into recession is fueling the gold prices and it has already breached the levels which it had tested almost 3 decades back atleast on nominal terms. Albeit adjusted for inflation present prices are only 40% of what they were 3 decades back…does it leave lot more room for it to climb up & up….

Advertisements

Leave a Reply

Please log in using one of these methods to post your comment:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

Categories

%d bloggers like this: