Quote:
Originally Posted by Redrob
Here is a link to a pretty in-depth article concerning the price of gold for your enjoyment:
Click here for link.
No Fear, Just Knowledge!  |
Using this writer's own graphs we're in the "media attention" phase. Looks like there's a big run up to ensue, that will last years. Yes, there will be a time to sell, but it isn't now.
On the flip side: China added 93 tons of gold from Jan to April, a 55% increase from last quarter and became the world's largest consumer of gold. Seeking Alpha does have some good writers, but I'd bet on China over them any day.
Chinese set new standard in buying gold