Gold investors across the globe are finding a renewed sense of excitement towards the yellow metal. And for good reason.
The price of gold has made a massive comeback!
If you’ve been watching the space at all, you know that the gold price has been on a downward spiral since 2011.
Now, thanks to an ever-growing demand from central banks, and a nosediving US dollar, the price of gold has reached a 6-year high, skyrocketing to over $1,500 USD per ounce.
And this is only the beginning.
WALL STREET AND MAIN STREET ARE BOTH BULLISH ON GOLD
Even billionaire Ray Dalio, founder of the world’s largest hedge fund, is bullish on gold.
Naturally, investors are bursting at the seams with excitement because the best way to make money from the price increase of gold is by investing in gold.
The current gold price is enough to garner investor interest and this is just the beginning.
Let’s take a look at some of the factors that will continue to boost the gold price.
1. The US dollar is weak; the Fed is cutting interest rates 2. Negative interest rates are overwhelming the world 3. The China-US trade war is slowing down business 4. there is political volatility all around the world; 5. US monetary policy is less aggressive, 6. Brexit is creating a ton of uncertainty and concern 7. Central banks are net buyers of gold in the last few years
As you can see—there are LOTS of reasons to see a higher gold price. Uncertain times like these have always pointed investors towards gold, as it offers a safe haven with reduced risk.
We are certain that under these circumstances, more and more investors will turn to gold to protect and grow their wealth.
And what better way to get in on this bull market than investing in gold?
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