Is it gold at a higher level?

Gold: the ultimate heaven! Is it? For the Swiss Government, it is time to sell a bunch of gold: The Swiss National Bank said Thursday it will sell 276 US tons of gold reserves over the next two years.

Gold - No comments

PHLX index vs DJIA index

PHLX GOLD AND SILVER SECTOR INDEX vs DOW JONES INDUSTRIAL AVERAGE INDEX

5 days

10 years

If we look at tree we can't see the forest.

That's why i believe in gold recover if U.S. Economy Slip Into Recession.

Red day for Gold

One more red day for the markets. One more red day for Gold and Gold stocks!

If we look at the 5 years Gold chart we can say that gold could fall to $600 an once in short time.

Probably, it will be next week. On the long term we expected to see gold recover.

Gold Stocks: Opportunity to Buy

Sometimes people make decisions without thinking about them.
Today the gold falls sharply as everything else.

But with a difference, I believe that gold and gold stocks will run again soon.

You may ask, why?

I give you the same answer:

1. Weak dollar
Experts are saying that US dollar will lose further ground in the face of the reducing growth and interest rate differential.

2. Threat of terrorism attacks
Terrorism's experts are saying it’s just a matter of when, not if, the US will be struck again.

3. Iran conflict
There is a speculation that Bush Administration has chosen Iran as its next target.


If U.S. Economy Slip Into Recession by End of Year, what do you prefer: a weak dollar in your pocket or gold?

That's your decision!

Gold price at $700 an ounce soon

Iran says its program is purely peaceful.

The White House says the United States has no intention of going to war with Iran

That’s why gold is going up!

Now, Alan Greenspan Warns That U.S. Economy May Slip Into Recession by End of Year.

What’s coming next?

Is gold on the march again?

MSN Money Senior Markets Editor

Get the answer listening Jim Jubak from the MSN Money.

"The gold is a hedge against rising financial risk"