If a thirteen year bear market is to be believed (and markets don’t lie) gold coin prices have been subject to a thirteen year upward trend, and as the dollar continues to devalue there is still a long way to go before the market tops out. Some commentators and pundits expect the price of gold to go way beyond the five thousand dollars (5,000) an ounce barrier, although few will give a time scale. Suffice it to say that given the dire straits the economy is in and the fact the debt of the US is unlikely to be paid off, it has to be inflated a way.
And as everything inflates, so too does the price of gold and as your gold holding price inflates your buying power remains the same pro rata. Sound complicated? It’s not if you get the right advice.
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