Sunday, December 26, 2010

Gold retrospect and prospect

Today is Christmas Eve, tonight's American plate will stop trading during the Christmas holidays approaching, I recommend investors to wait and see the action and not to select the entry better. Relatively easy in the trading day, it may take us a look back at the Golden City in 2010.
2010 is the first ever to keep gold prices in the year 1000 U.S. dollars / oz running high, the price of gold since September is created to keep a record high in 2009, $ 1,225.80 / ounce above the gold price breakthrough in 2010 subversive, totally let gold embark on a new level. Gold in 2008, the theme of adjustment is a rising start in 2009, then the full price of gold starting in 2010 is the year, a full year of operation has given the high price of gold has been at a high enough recognition.
2011 Gold is standing firm on the basis of a start, the global economic crisis will affect all countries in 2011, and the way countries deal with economic crisis, a lot of money is usually released to stimulate the economy, so investors have currency depreciation options to buy gold hedge, gold as investors quantitative easing and inflation against the best weapon. QE2 to the implementation of the U.S. dollar index fell sharply once the new year, the Fed's monetary policy will no doubt be about the most important weight in gold prices, because inflation has not become the mainstream economy issues, preserving and increasing the role of the main gold is reflected in here.

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