02.06.2016 - 15 Reasons Why Gold Prices Could Hit $5,000 an Ounce
Gold prices over the past several weeks have taken a hit. They are down roughly seven percent from their highs made in early May. Should this be a sign of worry? No; more upside could be ahead. In fact, there are 15 reasons why gold prices are undervalued and big gains could be ahead. Central banks around the world continue to buy the precious metal despite gold prices being well below the highs made in 2011. Know this: they are not buying it for speculative purposes. They are buying to hedge their reserves and they will need more...............................................Full Article: Source
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