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Wednesday, February 03, 2016

Gold Prices: This 1 Thing Could Send Gold Prices to $5,000

http://www.profitconfidential.com/gold/gold-prices-this-1-thing-could-send-gold-prices-to-5000/

Think long-term and global when looking at gold prices. The yellow precious metal could be worth much more than it is today. In fact, $5,000-an-ounce gold doesn’t seem like an irrational idea in 10 years.
To see where gold prices will go in the long-term, investors should pay extra attention to one thing: money printing on the global level. As it stands, if you look closely, it seems as if there’s a flood of fiat money hitting the global economy.
You see, there’s still big debate about how to price gold. It doesn’t pay any dividend or any interest like other investment

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