Tuesday, January 8, 2013

We have a long way to go in this gold bull market.

What will gold do this year? This is the title of the latest predictions from Casey Research. It is well worth taking time to read.

Here's a good word byte: "I think that's the wrong question. Since gold is the best and longest-lasting way to store wealth ever adopted in history, and not technically an investment, the more accurate query is: will gold continue to protect my purchasing power?"

Gold in New Zealand dollars: $1969.16 per oz
Previous all-time high: $2311.02 per oz (15 Nov, 2011)

Silver in New Zealand dollars: $36.06 per oz
Previous all-time high: $59.19 per oz (30 Apr, 2011)
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