Think You’ve Missed The Gold Rush

Before this month, gold costs hit an all-time high, since the yellow metal increased greater than $1,240 an ounce. Yet gold bugs even now believe the cost can reach even higher highs, back to the almost $2,000 per ounce figure hit in 1980s, on an inflation-adjusted base. That may spell further profits for gold mining stocks just like Barrick Gold ,Newmont Mining plus AngloGold Ashanti .To determine where gold may be headed, we need to take a look back.

Gold In Your Bank Account

Your dollars in the bank earns you next to nothing. Meanwhile, the federal government has the authority to print all the money it desires to.

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