ZLATO – dočasná korekcia?

For the following 5 reasons Gold is going to rally past $1,500, all while the U.S. economy slows markets around the world.

1- Worldwide monetary policy,

2- Global supply-and-demand for gold,

3- Gold's past performance, which has ignited a powerful secular bull market that's virtually certain to carry gold to much higher price levels in month ahead and for years to come.

4- China's accelerated growth in personal wealth, and dire need to diversify its burgeoning foreign reserves of $1.6 Trillion from trade surplus with the West (mainly with the USA).

5- India's perennial insatiable demnad as the world's largest consumer of gold.

It is inevitable that demand and price of gold will inexorably rise for years to come. To be sure, dips along the way are veritable bargain opportunities to buy gold on the cheap. This has been gospel since 2001.

Zdroj: GoldE

08.05.2008

"In the absence of the gold standard, there is no way to protect savings from confiscation through inflation. There is no safe store of value."   Alan Greenspan