Future for Gold Prices

Are gold prices going to continue downwards? Definitely the answer is NO because it follows that when the Price of Specific Gold Coins Increases the Price of Gold also Increases. One way of increasing your money is Investing Gold Coins because it is profitable. Upon the history of Gold Coins, the value of Gold has been significantly increasing as a top investment bank declared to as much 400%.

 

I think it's boost

 

Investment on Gold Coins is profitable job.

 

Like I read some day's ago Gold is a bullmarket now - it's way to late to invest in Gold - all you will have from it is a loss. There is basicly no room for growing prices in Gold to see a get even 50% plus in my eyes.

 

Gold could go up, but we have already started to see the economy show signs of settling and even recovery in some areas. The time of Gold increasing in price many times over in short periods has passed, and it may not increase at all in the near future. Both Gold and Silver are on a downwards path.

Just yesterday afternoon (GMT -5) Bloomberg had an article that predicted Gold was approaching a bear market. At the same time, crude and heating oil are rising as unemployment numbers keep slowly dropping, along with the US shows both signs of recovery in the housing market and the ability to withstand a big negative impact from the economy in Europe.

As the US starts getting back on track, I am betting on oil for an increase. With governments on small budgets reducing infrastructure growth (like public transit), and more and more cars on the road all over the world every day, oil consumption should go up. Green autos still aren't near a point where oil is threatened. China is planning a huge project to install stations for "green" vehicles as it grows its road infrastructure, but that will take time and the near future looks great for oil consumption in China (from an investor's view, not green advocates).

 

One should research on the definition of what an Asset Bubble is. Seems to me that’s what gold is.

 

interesting points...

 

Gold right now is at a crossroads. It could skyrocket. Or it could crash. No one has the foggiest idea which way it is going to go. And if someone says they know, they are a liar and probably also a crook.

That said, the uptrend in gold since October 2008 is still in place. There is no indication YET that gold will crash. And it APPEARS that gold may continue its uptrend for the foreseeable future. Neither is there any indication that gold will skyrocket.

My gut feeling is that gold will continue to work its way higher for the time being. However, I do not see gold making any radical moves either up or down.

Basically, if you are going to buy gold, NEVER USE MONEY YOU NEED FOR SOMETHING ELSE DURING THE NEXT YEAR. If you do, and gold drops, you may be forced to sell your gold at a loss. Also, never risk money that you cannot afford to lose.

 

Gold prices will never go downwards, Gold is limited so the prices will definitely increase.

 

People nowadays dont have money left to buy gold .So no point investing in gold . Only 24 cert gold is high in demand.

 

Bullshit. Just look at the last 3 months. Gold was over $1900 per oz and today it is about $1640 per oz. Now I suppose you are going to tell me that it did not go down $260 per oz.

 

historically gold has been used as an inflation hedge... however, the world is threatened by deflation as de-leveraging is occuring at every level of the economy. consumers are cutting back on their spending either as a result of weaker employment prospects or a desire to reduce debts... companies are cutting work force to preserve capital... western governments are all implementing austerity measures...

the only possible scenario where there could be any inflation is if further QEs are implemented and implemented on a massive scale...

the short term upside to gold price is very limited

 

Gold never go down so gold investment is perfect job

 

Apparently you cannot read. Scroll back up 2 posts above your post and read what I pointed out there.

 

Gold will never go down... Gold and oil is the best investment...

 

^^^^^ And another DP expert chimes in with pure nonsense ^^^^^

 

id say its a little too late to be investing in gold nowadays

 

my prediction is like some thing that in near future the prices of gold would be boosted ......

 

It is never too late to invest in anything. That does not mean you will make any money, though.

AT LAST! Someone who has an OPINION and states it as an OPINION.

There are way too many KNOW-IT-ALL so-called experts on DP - We need more opinions and less nonsense.