The gold price has had its worst month yet, but that will change,
according to Jim Grant, were living in the Truman show, you know the movie
with Jim Carey, where nothing is real, well what an accurate comparison to the world economy today, the masses dont realise whats going on.
The US & Europe are in so much trouble its irreversible, you would be surprised how many people dont realise that, the ordinary person has no idea how bad it is, yes were all living in the Truman show. So the price of gold is $1573.29 an ounce, its weakest since Jan. 3. I see this as a big dip worth investing in. I love when these dips come around. but then again I see gold as a long term investment, the Chinese demand has dropped,the main reason is because they buy when they see that the price is rising, and refrain from buying when the price is seen as falling.
the Goldman Sachs Group Inc have forecast that they see the price of gold going up to $1,840 an ounce on the Comex in New York over the next 6 months, this forecast is anticipated to incite an increase in demand in China again.
So knowing that gold will go up is it not a good time to buy, dont regret this dip, its a good price to get it at now.
Goldmoney predict it will fall to $1550 and then you should buy