Question: Is this the right time to invest in gold? ?
www.goldsenze.com Answer:
I have held positions in gold for the past few months and have recently dropped my positions. Given the recent activity by the feds and congress, gold will eventually perform well, however the risk of deflation still remains and with no signs of inflation in the near term future, Gold is going nowhere. I believe gold can be purchased at lower prices in the near future therefore I am waiting to initiate a new position. I project that gold?s price will fluctuate in this 800-900 per ounce range for the next two quarters or so and given that assessment, I believe there are much better investments to be made in the short run, until I see a positive trend developing in gold?s future, I will not reenter my positions. Check out my source, all the reading you can find on gold.
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