Gold Bubble Will Not Burst in 2013, Reports Gold Price

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Gold’s record-breaking 12-year bubble has increased the metal’s value over 550% since 2001. As speculation arises about a possible gold bubble burst in 2013, gold financial website, Gold Price projects that the gold bubble will not burst in 2013, as higher safe-haven demand from investors and central banks will likely strengthen the gold price.

Gold Price

Gold Price

In the past 12 years, the gold price increased over 550% because markets weakened and currencies devalued. Is the economy any better now?

Since 2001, the gold price has climbed over 500% as investors and central banks flocked to the precious metal for profit and wealth preservation amidst an unstable global economy. Over the past weeks, speculation has arisen about a possible gold bubble burst in 2013. As a result, gold financial website, Gold Price projects that the gold bubble will not burst in 2013, forecasting another 5% increase in the price of gold before the end of the year.

Arthur McGuire, Vice President of Gold Price says “Gold is an asset that historically thrives in the face of economic instability. In the past 12 years, the gold price increased over 550% because markets weakened and currencies devalued. Is the economy any better now? Not likely, especially after the massive stimulus packages that are a ticking time-bomb for our spending power. Because of this, investors and central banks will continue flocking to gold. Our expert gold analysts project that the gold bubble will not burst in 2013, instead we are forecasting another 5% increase in the price of gold this year.”

Gold Price (GoldPrice.net) is a leading precious metals advisor since 1992 with headquarters in New York, California, Texas, Utah, New Mexico and Puerto Rico. Gold Price is also a direct gold and silver dealer, specializing in purchasing, selling and trading physical gold and silver such as modern bullion bars/coins and certified rare coins. They offer investors a free award-winning gold starter’s kit by visiting http://www.GoldPrice.net or calling 1-800-767-1423.

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Arthur McGuire
Gold Price
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