The price of gold
We note that the volatility in the stock remain permanently exist, especially as we are in the midst of earnings season. However, fluctuations in the price of gold has subsided. In 99.9% of cases, the approach taken in the bottom - the top in investment. I personally do I ignore the macroeconomic picture most of the time, and I am ignoring the speakers on the TV, and also ignore the peaks and valleys of Preference, and focus on companies. I focus on their opportunities, and focus on value and growth, and then baited between sellers frightened, investors who are afraid at every decline in the market. And I Baltalq the large companies at low prices and watch the returns and are flowing. This is the reason that I have a favorite time of year is the month of August and September and October - months broad market disasters. Now, this is on the vast majority of the market. One of the few exceptions is the price of gold.
Case with gold completely flipped. Investment is from top to bottom, with the value tied in the overall economy. The addition to and ضعيتك when declines - as is the case now - and take advantage when boarding.
During the month of August, the price of gold pulled back from $ 1.900 an ounce. Today, hovering around $ 1.590. This nearly falling by about 16%, ie by 16% discount.
A lot of people think that the luster-filled days on new highs for gold are gone. And I have heard claims that the price of gold will reach $ 1,100, and even that will drop down to $ 700 ... But I ignore these extremists. I'll tell you something, we may see the price of gold drops to lower levels - this is possible;, but a lot of these Altdeghin forget that the price of gold is also seasonal, despite the fact that this seasonality is not clear, like other commodity prices lightest.
f the truth is, we are at the stage of seasonal downward into what I believe to be the largest upward wave. We are in the event of an interruption - keep the style, or rest, and we have seen this same stop since April to July of last year, when welding the price of gold around $ 1,500 and fell to the $ 1,400 level some times.
In fact, over the past five centuries, gold prices weakened from mid-February until the summer, and again in the month of October. And the biggest gains are in the period of November to the beginning of the month of February, the annual movement of the mouse from the Asian before buying high.
You will notice that the volatility in the stock continues permanently astray, especially as we are the center of earnings season, but the volatility in the price of gold has subsided. And gone are the days when it was moving the price by $ 150 per ounce. Now, the big movement is to be between 30 and $ 40. In most days movement might be much less.
The months of November and December of the strongest months for gold. But this year we had the U.S. presidential elections in November, and will continue in the macroeconomic picture being weak. We are still worried about Europe. Greece is a small problem compared to what is revealed in Spain, and Spain has negligible compared to the situation in Italy.
If the dominoes started falling, the end of the a large euro will experience fun moving from discussion during dinner to a very large probability.
I expect to pass six months before the occurrence of another big rise in the price of gold. And $ 2,000 for gold looks much more prominent than triple figures. Choose your area during the next six months, and expect the price of gold rise in the latter half of the year. Of course, at least, you must have a 5% investment in precious metals such as gold.
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