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News Link • Precious Metals

A $1,600 Gold Price in 2010? Gold to Rise as System Collapses

• LewRockwell.com
The gold price declined $152 off its early December high of $1,226.50 before rallying to move comfortably back above $1,100 per ounce. While gold has seen violent daily and monthly oscillations, the longer-term trend has been decidedly positive over the past decade – with investors driving up the gold price 281% over the past ten years. The events of the last 18 months have further strengthened the fundamental investment case for gold as conveyed to Barron’s by their all-star panel of money managers and investment strategists. No longer relegated to the backwater of the investment landscape, gold-related investments have slowly but surely entered into the mainstream. 

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