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 Gold investment corner v4, Will gold price achieve USD2000 by 2012?

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nicholaskhlow
post May 16 2012, 11:33 AM

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seem like gold will go below 1530 soon

This post has been edited by nicholaskhlow: May 16 2012, 11:48 AM
nicholaskhlow
post May 23 2012, 11:48 PM

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QUOTE(BlackPen @ May 23 2012, 11:26 PM)
any1 have idea what price will stop?
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read more financial news will help you to understand why the gold price keep falling smile.gif
nicholaskhlow
post May 24 2012, 12:19 AM

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QUOTE(BlackPen @ May 23 2012, 11:59 PM)
I reading ya smile.gif every day reading about what happening in EURO  smile.gif
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Gold used to be the 'safe haven' when the EURO debt crisis happended previously and why it react so differently this time. Think about it. wink.gif
nicholaskhlow
post Jun 1 2012, 04:17 PM

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QUOTE(Violet Ling @ Jun 1 2012, 03:57 PM)
What actually determine gold price going up or down?
I always have this impression that gold was a save-haven during bad times, but seems is not the case.
Anyone could enlighten us?
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Gold price is determined by the supply and demand in the market.

USD is the safe-haven currency when finacial crisis happen instead of gold. Please check back the gold price during 2007 financial crisis. Gold is a commodity that hedge againts inflation.

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