Future of Gold

The future of gold is something everyone is interested in. Will the trend continue and how far? And, just as importantly, will it maintain its value.

Gold has traditionally been a safe refuge or haven for people seeking to safeguard their assets. Even when gold has dropped in value it has always improved again later so sitting on your assets, so to speak, at that time is probably the best idea.

It looks quite likely that gold will continue it’s steady rise so now, as well as any other, is a good time to buy gold.

As Bob in Bob’s column said recently, “When you actually work with the numbers, what lies ahead is STAGGERING. How does one cover more than 10,000 tonnes of gold when mine supply is less than 2500 tonnes per year, and scrap supply is probably running around 800 tonnes per year, and the deficit is running at least 125 tonnes per month? YOU CANNOT … which is why the price of gold could do anything to the upside at any time.” Future Gold

The question then becomes. Which gold should I buy?

Gold comes in many forms. Bullion in the form of gold coins and bars, Exchange Traded Funds(ETF) and GoldMoney.com are just some of the forms of gold available. Each have their advantages and disadvantages, mostly concerned with tax considerations and the price one pays. It is a good idea to shop around and do some due diligence to find the medium suitable for you and your circumstances. This website contains a wealth of information on gold in all it’s popular forms so a good browse will net you some interesting and vital information.

It is evident however that the future of gold is going to be a vitally interesting one and it seems unlikely that the future of gold will be anything other than great.