This commodity is perhaps the most misunderstood and has the most disinformation spread (with the possible exception of silver).

Common misconceptions are

1 - Gold is "real money" - grossly simplified if I had the last glass of water left on this planet how ever much gold you had would not buy that glass of water!

2 - Gold retains its value - against what? see 1 above!

3 - Gold is inflation proof - against what currency?

4 - Gold is manipulated - possibly short term, but NOTHING can be manipulated for extended periods of time. Simply analysts constant claims that manipulation is the reason that prices are not $X thousand need to have their heads examined! The market reflects the price!

Gold is still in decline but this correction will be over no later than June 2017 and could be go as low as $400.

Yearly 2016    Q1


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