InvestorsHub Logo
Followers 883
Posts 304355
Boards Moderated 5
Alias Born 06/09/2006

Re: None

Monday, 02/03/2014 11:46:02 AM

Monday, February 03, 2014 11:46:02 AM

Post# of 618
$MONK Positive Projections for Gold and Silver

Gold prices average at $1571.00 in 2011 with analyst still suggesting higher prices to come with the global instability
Fabrication demand, primarily from electronics and the solar panel industry, helped boost demand as the global economy continued to expand
Gold as a hedge or harbor against economic, political and global instability
Gold’s low correlation with other commodity prices, and its pricing in relation to fiat currencies
Gold- a hedge against inflation, deflation and, devaluation- “The currencies of all the major countries, including ours, are under severe pressure because of massive government deficits. The more money that is pumped into these economies – the printing of money basically – then the less valuable the currencies become”


Consider all my posts my opinion and not advise to buy or sell anything. I post on stocks I own or am considering owning. Do your own DD!

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.