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Forecasts for the price of gold at the end of 2013 range from a high of around $2,200 an ounce to. Gold futures closed at around $1,676 an ounce in 2012, about 7% higher than the $1,565 or so the ...
Yet the price of gold in 2013 plunged by more than 25%, losing $475 per ounce and remaining just barely. Coming into 2013, investors in gold had enjoyed 12 straight years of gains, giving them ...
Dillon Gage Metals is calling for higher gold prices in 2013. Not just a little higher, but $2,000 per ounce. With gold around $1,670 per ounce, that translates to about 20% expected price ...
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Armstrong progressed from investments in gold coins to following commodity prices for precious metals. [2] In 1973, he began publishing commodities market predictions as a hobby. As his coin and stamp business declined, Armstrong spent more time on his commodities ventures, launching a paid newsletter in 1983. [3]
The basis of Dent's investment thesis, spending wave theory, [1] is that consumer spending related to the generational formation of families has a profound effect on the market value of investments such as financial securities, real estate, and gold. Dent's spending wave theory posits that young adults spend little within the greater economy ...
In 1970, South Africa produced 995 tonnes or 32 million ounces of gold, two-thirds of the world's production of 47.5 million ounces. [2] Production figures are for primary mine production. In the US, for example, for the year 2011, secondary sources (new and old scrap) exceeded primary production. [3]
During the first part of January investors usually get inundated with predictions from market mavens, 2013 is turning out to be no different. Nuveen's Bob Doll has issued his ten predictions for 2013.
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