MSN money: 5 reasons gold is headed for $3,000 (Rs.55000 per 10 gm current price is 27000 per 10 gm)

With the precious metal seeing some weakness since posting an all-time
high of more than $1,900 an ounce -- though it rebounded Tuesday to
about $1,800 -- that's the critical question for anyone who caught
gold's big run or who is wondering if it's too late to get in.

Few investments bring out more passion than gold does. The folks known
as gold bugs never seem to think the price is high enough, while their
critics have been waiting since $1,000 for the bugs to get their
comeuppance.

But for the rest of us, the challenge is figuring out whether gold's
move can go on. Analyzing that involves looking at the reasons gold
has been on a tear, and whether they'll continue to be in play.

A careful look tells me $3,000 could indeed be in gold's future,
making upcoming dips buying opportunities. Here's why I think gold is
headed higher after a correction that could send gold down to $1,600
or lower -- and the best ways to buy in if you agree.

Read full at: http://money.msn.com/exchange-traded-fund/5-reasons-gold-is-headed-for-3000-dollars-brush.aspx

Comments

Best IELTS and English language training institutions in Hyderabad

IELTS stands for International English Language Testing System. As the name implies it is basically an English test for testing the proficiency of the language in an individual. Training for IELTS can be taken to pass the IELTS exam or to develop good english language skills. I am giving the training institute addresses for Hyderabad. The test system is jointly managed by the British Council,IDP education ltd and University of Cambridge ESOL Examinations and more than 1 million candidates are taking the exam all over the world. The test has two versions : 1. Academic 2. General training Academic version is for people who plan to continue their higher education by enrolling in universities in countries like US,UK,Australia,Canada,New Zealand etc.The academic institutions in these countries consider the IELTS score as a criteria for the admission process. General training is mostly for immigration purposes in countries like Australia,New Zealand,Canada etc. It may ...

Great places to eat in Lucknow

1. Idris Hotel Located Opposite Patanala Police Station, Chowk- Officially the best biryani in all of Lucknow . They have the softest meat and the most divine aroma when the waiter brings the biryani to you! "Idris ki Biryani" as it is popularly known.. Here Is The Man Behind Creating This Magical Biryani-the son of Idris ji Source: yummraj.com 2. Tunday Kababi Located in Naaz Cinema Road, this legendary place has the best mutton korma with sheermal- the gravy is so rich in flavors, you want to just take an eternity while eating every bite! Source: www.the-south-asian.com 3. Royal Cafe Located in 51, Hazratganj- This place is famous for it's basket chat. Aloo tikki, dahi bara, matar kulcha are some of the dishes one must certainly try and they are hygienic as well . ( they seve gol gappas made wit mineral water) Source: coralswithblues.com 4. Kool Break Located in 17...

Foreing exchange reserves of countries and what percent of the amount is in Gold holdings

Countries which have become stronger economically have not accumulated gold till recently but now as European nations are selling gold, they are buying it and making their position strong. Foreing exchange reserves of countries and what percent of the amount is in Gold holdings . courtesy Peter Schiff's speech: Cyprus 1.1 billlion 58% Greece 7.1 billion 82% Portugal 22 billion 90% in Gold Spain 50 billion 30% in Gold Italy 175 billion 72% in Gold France 179 billion 71% in Gold Slovakia 2.5 billion 68% in Gold Netherland 53 billion 60% in Gold Belgium 30 billion 39% in Gold China 3.3 trillion 2% in Gold Japan 1.25 trillion 3% in Gold Saudi 627 billion 3% in Gold Russia 527 billion 9% in Gold Swit 522 billion 11% in Gold Taiwan 423 billion 6% in Gold Brazil 373billion 0.5% in Gold South korea 327 billion 1% in Gold Hong kong 304 billion 0% in Gold India 290 billion 10% in Gold Singapore 259...

Dr M Khalid's global village blog

Search This Blog