Why Gold (and Precious Metals) Prices are About to Climb FaststeemCreated with Sketch.

in life •  7 years ago 

 Here is why gold and all precious metals prices (platinum, silver, palladium) are about to spike to higher levels. 

 Between the global demand trends, with Central Banks (like in China and  Russia) buying up gold by the ton, and the softening of the U. S.  dollar, we expect bullion to cost significantly more in 2017, and even  going into 2018.

Gold is a hedge against global chaos, stock  market meltdowns, and other risky situations.  Meanwhile, precious  metals are also a way to preserve wealth over time.  Since 1930, the  American dollar has lost nearly 98% of it's purchasing power.

With  so much irresponsible money generation worldwide, hard assets like  physical gold will only increase in demand.  We use several of the gold  and silver mining penny stock picks we have made for subscribers of  PeterLeeds.com and Peter Leeds Penny Stocks to explain trading in  sympathy, and the divergence in gold prices between various currencies. 

source: Peter Leeds Penny Stocks 

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nice post

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