Gold & Silver 2012
Senex
Posts: 483 ✭
Gold went from $1566.40 to $1675.20 in 2012 (6.95%)
Silver $27.86 to $30.35 (8.94%)
Silver $27.86 to $30.35 (8.94%)
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Comments
<< <i>And the bull run will continue in 2013! >>
It will be a stampede. Even a few Joe 6-packs may begin to see the writing on the wall.
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Doing my best to introduce Young Numismatists and Young Adults into the hobby.
<< <i>And the bull run will continue in 2013! >>
Provided gold ownership or trading rules are not impacted negatively. At some point the dollar brokers will see the need to curtail gold demand via regulations/taxes on ownership/transfer.
No Way Out: Stimulus and Money Printing Are the Only Path Left
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<< <i>And the bull run will continue in 2013! >>
Provided gold ownership or trading rules are not impacted negatively. At some point the dollar brokers will see the need to curtail gold demand via regulations/taxes on ownership/transfer. >>
There is always a chance those things could happen but my guess is that our government's inability to get its act together (again) will send a clear message to China and others to not only continue to buy gold and silver but to start buying with both hands. They will dictate the price of PMs. It would not be hard for them to turn the paper market on its head.
Instagram - numismatistkenny
My Numismatics with Kenny Blog Page Best viewed on a laptop or monitor.
ANA Life Member & Volunteer District Representative
2019 ANA Young Numismatist of the Year
Doing my best to introduce Young Numismatists and Young Adults into the hobby.