A Raging Gold Bull or a Hibernating Golden Bear? (PDF)
Investment Reality Check
(Sprache: Englisch)
Over the past two years, all the pundits and so-called "experts" botched their forecasts. While most were predicting that gold prices would reach $2,000 per ounce in late 2012 and early 2013, prices actually fell by 38% from their 2011 peak. In late May...
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Over the past two years, all the pundits and so-called "experts" botched their forecasts. While most were predicting that gold prices would reach $2,000 per ounce in late 2012 and early 2013, prices actually fell by 38% from their 2011 peak. In late May 2014, more "experts" emerged from their holes in the woodwork to predict that prices would fall to $840. If you are like most gold investors, you would probably love to kick most of these so-called "experts" in their teeth! This book concedes that some air may have been let out of the gold bubble but it has not burst, otherwise it would be back to the $350 level again. The gold exchange traded funds dumped huge amounts of the metal out onto the market in response to sales by disenchanted investors. But somebody bought the gold! Who were they; how much did they buy and why? This book talks about some of the key factors that influence the price of gold. Everything is not doom and gloom. The fact remains that over the past 10 years, ending in May 2014, the price of gold has risen from about $350 to about $1,300. This is a 271% increase or about 27% per annum. The question is whether the next ten years will show a similar increase or will gold erase those gains and fall back to $350 an ounce? Written by a former mining analyst, under a pseudonym, this book covers some of the less publicized factors which influence the price. These will be of interest to gold bugs as well as those who are curious about investing in the yellow metal.
Autoren-Porträt von Learn2succeed.com Incorporated
Learn2succeed.com Incorporated was registered in Ontario, Canada in July 1999 and is used as the brand pseudonym to author an increasing number of non-fiction eBook and softcover titles. These books are designed to help readers in the digital age and are written in a straightforward style designed for non-technical readers.
Bibliographische Angaben
- Autor: Learn2succeed.com Incorporated
- 2015, Englisch
- ISBN-10: 1552707040
- ISBN-13: 9781552707043
- Erscheinungsdatum: 26.03.2015
Abhängig von Bildschirmgröße und eingestellter Schriftgröße kann die Seitenzahl auf Ihrem Lesegerät variieren.
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- Größe: 0.68 MB
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Englisch
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