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Gold has had an incredible run … but what’s next? A couple of weeks ago I was asked my opinion in TV interviews about the queues of investors lining up and down the street outside gold bullion stores. I explained that, for me, it was a sign that gold was at its peak and investors… Read more »
The price of gold continued to surge this week at $US 4,300 an ounce, then fell 7 per cent on overseas markets on Wednesday morning. In a recent newsletter, I explained that the price of gold tends to rise during times of political and economic uncertainty, as investors turn to it as a safe store… Read more »
Over the last couple of months, I’ve been talking about the rise in the value of gold. This week the value of the precious metal topped $US 4,000 an ounce and in Aussie dollar terms, it broke through AU$6,000 an ounce. The below chart tracks the return on gold (the orange line) compared to the… Read more »
