Tuesday, March 9, 2010

Gold Prices Falling

Ok, I know it has been like 4 months since my last post, come on give me a break its hard being a MBA student. But, none the less i have something to set straight. My last post in December was about the sky rocketing gold prices, well now that is not the case. With the US dollar finally gaining strength and a Chinese official expressed its countries buying of gold will become limited. This means the price of gold will and is falling, to where?? Who knows some reading predicts a 35% decrease by end 2010 but other think this is very pessimistic .