Precious metals have been the best performing asset class of the past 10 years. Gold hit $1,800 mark recently. Gold is up over 32% compared to April 2010 and 470% compared to April 2001. At $44.8 per ounce, silver is up 149% from April 2010 and an unbelievable 911% from April 2001. At today’s prices, many investors ask themselves if this precious metals rally is nearing its peak. As you will see, there are many reasons for it to last for some more time.
Entries Tagged as 'Unpredictability'
Is gold still a good investment at $1,800 and higher?
· No Comments · Investing in Gold
Tags: Asset Class·Asset Classes·Bottomless Pits·Clusters·Confirmation Bias·Credibility·Ecb·Eurozone·Gold Price·Indulgence·Investing in Gold·Investment Demand·Member Countries·Ounce·Political Decisions·Possible Solutions·Precious Metals·Price Outlook·Rough Times·Unpredictability·Veto Threats
Are Your Stocks Earning as Much as this Gold Fund?
· No Comments · Investing in Gold
Investors are starting to prefer stable investments given the unpredictability of the US market as well as the rest of the global economy. Despite this overall pessimism, gold has gained the trust of investors. However, buying actual gold bars is quite a hassle, and not all individuals have access to this investment. As an alternative, many have chosen gold-backed mutual funds and ETFs.
Tags: Appetites·Equity Research·Etfs·Face Value·Final Decision·Fund Investors·Global Economy·Gold Bars·Gold Fund·Gold Prices·Gold Shares·Intense Media Coverage·Investing in Gold·Investment Purposes·Market Sentiment·Pessimism·Smart Investor·Stable Investments·Timeless Value·Trying Times·Unpredictability