Reasons Why You Should Invest In Gold and Gold Stocks
Filed under: Business, News | By: Roy
Posted on: August 3, 2007 | No Comments
In recent years gold prices have risen considerably from a low of $250/ounce to a high of over $720/ounce last year.
Currently, gold prices are about $665 but there are some people who think this considerable rise in gold prices is just the beginning.
Since gold prices hit an all time high of $850 in January 1980, gold has been declining until in bottomed a few years ago at $250.
Since then, gold has been rising steadily but gold stocks have increased exponentially with some stocks increasing ten times is value in the last couple of years.
A list of the fundamental reasons to invest in gold was recently published and this sets the scene for gold price to rise above their previous high of $850
What do you think about investing in gold?
Are gold stocks going to be the best performing area of the stock market in the next few years?
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