There’s a reason why the world’s most powerful banks and investors are purchasing gold.
New York, NY (PRWEB) November 21, 2012
Are you ready for a gold price of $2,000 per ounce in 2013? The latest projections from Deutsche Bank and Gold Price are bullish, forecasting at least $2,000 per ounce next year based on the weakening dollar, the approaching fiscal cliff and the latest quantitative easing measures. In the past decade, gold prices have shot up over 600%, a clear sign that investors are flocking to gold in order to protect their wealth and profit amidst one of the most turbulent economic times in history.
Arthur McGuire, Vice President of Gold Price says “Our analysts have projected $2,000 per ounce in 2013, but I personally project a bit more than that, maybe closer to $2,300 per ounce. The reason is because even investors who swore they would never buy gold are purchasing massive amounts of bars and coins right now. George Soros is one of them. If the current trend of gold buying continues, we could see the gold price break its all time record high price of $1,920 per ounce and surpass $2,000 per ounce in 2013.”
McGuire adds “The long-term trend for gold is to increase in value. In the past century, gold has increased over 7000% while many paper currencies, banks, stocks and real estate lost value. There’s a reason why the world’s most powerful banks and investors are purchasing gold.”
Gold Price (GP) is a leading precious metals website since 1992. They offer investors a free award-winning gold starter’s kit by visiting http://www.GoldPrice.net or calling 1-800-767-1423.