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Hello
and welcome to Gold
Investing Simplified. If
you are just starting out on your gold investments or simply want to
find out more about buying/selling gold, you will find helpful
information on this site (and on my Gold
Investing Blog
).
Investing in gold can get complicated but it
doesn't have to be that way. My mission is to provide you with
information that can help you with your gold investment
decisions. Just keep
in mind that only you can decide if
investing in gold is right for you. I take no
responsibility for whatever gold purchases you decide to make.
You won't
find a sales pitch for buying
gold from me here since I no
longer sell precious metals. I want you to benefit from my experience
in selling gold and silver coins for one of the
oldest, most reputable
precious metal dealers in the USA.
Has
The Price Of Gold "Topped Out"?
![[Most Recent Quotes from www.kitco.com]](http://www.kitconet.com/charts/metals/gold/t24_au_en_usoz_2.gif)
No
one knows for sure. But since bottoming
out at $253 in 1999, gold has made
spectacular gains. Many gold experts say this ball game is
barely in the middle innings.
See the current price
- spot gold at right (from Kitco).
In 1980 gold reached a record $850 per ounce before falling off a
cliff. Recently, gold hit a record high of $1226.00 before
falling back again to below $1100. There are no sure things in life but
having at least a small portion of your total assets in gold
continues to be a recommendation of some
top financial analysts.
Here is another encouraging sign for gold...
YEAR END CLOSING PRICES
2000….$273.60,
2001….$279.00,
2002….$348.20,
2003….$416.10,
2004….$438.40,
2005….$518.90
2006….$638.00,
2007….$838.00,
2008….$885.50
Unofficially, the year end
gold price for 2009 is $1096.50 - a 25.52 percent gain for
the year. This ten-year pattern of higher
year-over-year
closing prices is bullish
for gold and is another reason for you to consider investing in this
precious metal.
More Gold Investment Articles To
Follow
If
you are presently a gold investor
or soon-to-be investor, come back often.
I have more articles planned for the future. My goal is
to make this site and its sister site, Silver
Investing Simplified,
to be among the best, most useful Gold & Silver
investing
sites on the entire Internet.
To be notified of future articles, contact me
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