What will happen to gold prices over the next few months to a year?
MQcurious asked:
Is Gold going up or is it going down from here? how does it relate to the dollar?
Is Gold going up or is it going down from here? how does it relate to the dollar?
the dollar is deprecciating and gold is one of the most reliable sources for currency exchange. So, i would buy the gold now rather than later.
i would think its going up because were finding more gold by the days and soon it’ll be scarce but not for a long time.
Gold will more than likely continue to rise…..whether it does it in the next few months or the next few years is the uncertain part…..you can study the historical charts and make your own deductions…..as globalization continues……the dollar…and other currencies will have their value based on each countries trade balance….in goods services and manufacturing output……the one standard that will enjoy universal value and high liquidity will be gold…it will continue to be the most sought after medium of exchange…and one of the few secure safe vehicles for long tern accumulation of wealth…..