Friday, July 17, 2009

Gold Price Go Higher Again This Week


Today, Gold Price has go higher again to USD 940/OZ. For those who bought Gold ( be it Physical Gold, Paper Gold or Gold Saving account ) last year or several years ago are making big profit for this year.
This is much better than investing in Stock market. for my case , My stock value has decrease an amount of ~60%. Maybe will take few years to recover.
But for Gold Downside Risk is Minimum, but upside again is Huge.
I've read some of the reports online saying that Gold Price will go up to USD5000/OZ in 3 years time, Next target price is USD1500/oz.
What do u think ? Possible ?

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