The Importance Of Gold In 2018 And Beyond - Sprott Money (12/02/2018)
February 12, 2018
If you've held physical gold for the past five years, you've
likely been frustrated by its lack of price appreciation. Of course, physical
gold always retains its value as sound money and wealth "insurance,"
but while prices of paper assets have flourished since 2013, the dollar price
of gold has languished. That, it seems, is about to change.
At long last, gold, silver and all commodities appear poised for
a price breakout in 2018 (and beyond) as the lower dollar, price inflation and
higher interest rates that so many expected in 2010-2011 finally come to pass.
In addition to those factors, several gold-specific positives have recently
appeared, and they demand your consideration:
gold demand is strong, with the only restraining component being western
investment demand. Since western investors are typically trend followers, you'dRead More
About Article Author
Established in February 2008, Sprott Money Ltd. is a leading precious metals wholesale, institutional and retail dealer selling gold, silver and platinum bars, coins and wafers online and over the phone. Sprott Money's storage program gives clients the ability to store their precious metals in multiple storage facilities located in Canada, the United States and internationally. Sprott Money Blog, which covers world events, geopolitics and of course precious metals.
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