Why Gold Price Is Falling and Where It Will Go

jprich16

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Peter schiff gives insight on why gold is going down and where he sees it going in the future

 

CharlesMcLain

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Gold and silver markets can be kept low longer than anyone expected, but certainly not forever. Two take away from this (A) the gold price is sure to rally (B) Since the price are likely to rally, now might be just the best buy-opportunity. Just keep stacking gold bullion, keep stacking, stacking stacking stacking and stack some more hahahha……
 

AlanT

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Peter Schiff...the man knows his gold.

Here's an interesting strategy I came across recently in another forum:

Buy 1 ounce of gold each working month you have in life. Doesn't matter what the actual price of gold is that month. This way you are effectively cost averaging your position.

Then, when you retire, sell 1 ounce of gold each month. This coupled with more traditional investments like stocks and bonds, creates a very diversified retirement portfolio.

Or, you can just do what I do, convert your IRA to a self-directed IRA and do what is commonly referred to as a Gold IRA Rollover, to protect your assets.

Just my 2 cents.
 

rblong2us

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Gold wants to go up when valued against paper.

The Central Banks want it to appear weak to mask their printing operations.

They create 'paper' gold ( a note that promises to deliver gold at a point in the future )and sell it to achieve this. Most of this paper gold is not redeemed but is rolled over or $ cashed out.
The small fraction that is taken as gold creates a drain on the physical held by that bank but they, so far, seem able to meet demand.

We live in hope that something will happen that will allow gold to find its true value.

Most internet speculation attempting to explain price movements is useless as it tries to tie the movement to events.
 
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