Gold Price Forecast for 2010

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Gold Price Forecast for 2010
Publié par world-gold-business-marketing à l'adresse 17:08
Prices usually reach their peak following a massive hysteria. Some investors refer to this as a climax top. Investors everywhere are drawn with fascination to the rocketing price. Defying disbelief the price continues higher. When the last of the investors, including very unlikely individuals that have never invested in their life, have pushed the price up rapidly, nobody is left to buy. What happens next is a scary freefall.



2010 Prediction and Forecast of Gold Prices? - Swiss Banker Price Gold
s the price of gold sustainable at these levels? The vote is divided but many are questioning the validity of the forecasted hedging value of gold against the falling US dollar. At what point to investors realize they are merely holding overvalued albeit pretty metal in their vaults?
One estimate is that gold will trade with volatility above 1,000 dollars per ounce for the period of December 2009 thru 2010. The climax run-up could even see prices shoot to 1,500 dollars per ounce by the end of the year. If that is the case, many fear it will be short lived and will have a whipsaw in the other direction shortly thereafter. Other predicted estimates have the price falling to below 800 dollars per ounce following another short run-up near the end of 2010 or into 2011