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Wednesday, January 4, 2012

Gold above $1600 as Central Banks continue to buy more Gold

After a disappointing QE4 last year , Gold is starting 2012 with a strong upward trend as capital continue to look for safe heavens , the geopolitical uncertainties creating in the straight of Hormuz are going to help gold trade higher , not to mention to continued Eurozone debt problems and uncertainties about the future of the Euro , the fundamentals for gold are stronger than ever Gold is the ultimate safe heaven for the wise capital , and I think we are headed for a very nice rally in this 2012 year ...tighten up your belts we are about to take off .....

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