4 Major Developments All Gold Investors Should WatchSubmitted by bad_karma on Thu, 09/17/2009 - 23:27
what I have been saying for a long time now is coming to pass... should very interesting in the next few months.
Gold has finally breached the $1,000 level and looks like it might hold the line on this latest attempt. I anticipate that this psychologically-important level will turn from resistance into support as gold makes new highs towards the end of 2009. If I am correct, right now is the last chance investors will have to purchase gold for under $1,000/ounce. A series of new and significant events have unfolded over the past few weeks that have influenced the precious metals markets and will likely continue to support gold's price advance. If you are a gold investor, it is important that you understand these events and the impact they are likely to have on your investments