Gold Prices 1990 – 2009, 2010 and beyond..
Please consider the real-time chart below showing the price of Spot Gold since the beginning of the 90′s
Then watch the video below entitled “Gold going to $5000″
The real value of gold has risen dramatically against the $ USD since the gold standard was dropped in 1971 in fact:
..the entire world’s money en masse has shed nearly two-thirds of its value in gold since the start of 2000.
And over the medium to long term gold prices are still going up, there’s no doubt. It is widely agreed that Gold is in the middle of a secular bull market, it will of course fluctuate up and down, markets do that, but if you own and hold gold over the next 5-10 years:
It could turn out to be the biggest win of your life.
But again, this is not the primary reason to invest in gold, the primary reason is that at the very least, it will:
Definitely NOT turn out to be the biggest LOSS of your life
Click the link if you’re ready to buy Gold NOW?
No? – dont take our word for it, here’s some further reading for you:
- Gold in a Beautiful Long-Term Secular Bull Market “Gold is in a beautiful, long-term secular bull market with a technically perfect uptrend that shows no sign of having started the “blow-off” top that ends nearly all major bull markets (think oil last year or the NASDAQ in 2000) .. ..I do know that the Dow to Gold ratio will get back to 2 and may even get below one before this secular Gold price bull market is over. And until that time, Gold will vastly outperform stocks, real estate and corporate bonds. Any surprises in a strong bull market are almost always to the upside and Gold will be no exception.
Gold – the most important chart you will see “This translates into a gold price of $1,500.00! The expected date for that target, once the breakout occurs, is 12 – 13 months hence – October-November 2010. Here are some fundamental reasons why this target is realistic: 1. Once the $1,000.00 level for gold in US dollars is history, there are no more barriers to the price. 2. The massive currency degradation occurring on a worldwide scale is unprecedented in history. 3. read more..
- Gold – $1500 this year “But more importantly, there were two major announcements in the first week of September that could really launch gold. We could see $1,500 gold this fall. No doubt about it… …A U.S. dollar devaluation at this point is as certain as death and taxes in life. We just don’t know the exact timing; that’s all.”
- Reasons Gold hasnt skyrocketed (yet) “With the printing presses in full printing mode, many people are questioning why gold prices haven’t gone higher – much higher. I believe the longer-term upward trend in gold is very much intact; short-term we could see more of a trading range that has a downward bias .. more
- Gold corrects as the UK Pound sinks “Today the Gold Price in Sterling – more than three times higher from Gordon Brown’s famous gold sales of 10 years ago – jumped 1.5% to a fresh 5-month high of £627 an ounce.”