Will Gold Price Rise 2010
13 / Feb
How does the Rand / dollar exchange rate affects the price of gold?
I am very new to investing, but I would like to start and was looking to buy Krugerrands. At the time when the gold price is soaring and may increase or decrease … I was wondering if this has anything to do with the rand and the dollar as gold is purchased in dollars. And from the 2010 football World Cup held in South Africa next year, I guess the rand will become stronger. (Did I right?) Should I invest now or should I rather wait until the rand is stronger?
I suggest waiting until he is stronger Rand
DAVID ROSENBURG: “GOLD WILL RISE TO $3000 AN OUNCE” 5-27-2010
I have a web site where I research stocks under five dollars. I remember the price of silver peaked in I think 1980 at 50 dollars an ounce. silver is still well below its high of thirty years ago while gold is now four hundred dollars above its high of 1000 dollars an ounce in 1980 compared to gold silver still looks pretty cheap here.