In 2013 Gold is expected to reach the new all time of 2000$ per ounce. Gold rose at an average of 60% a year for the last ten years. If you invested in Gold with compounding
you could have made more than 10000% during those ten years and more
millionaire were made in these last ten years because of this market rise. Gold then hit the roof and went back to 1450$, fortunes were lost overnight.
Now the market is recovering and should hit new all time highs before the end of 2013.
Despite what Gold experts say, the demand for Gold is now at a new all time high as people are losing money with the stock market and look for other ways to invest money for their retirement and Gold offers just the best "interest rates" possible and people with as little as 1$ can invest in Gold now.
This market will never stop growing.
For 2013, Gold will continue to be the safe heaven for investments
as China continue to demand for more and more Gold and Gold mines are
less and less. The amount of new Gold produced every day cannot meet the demand from China and India no matter how hard they try. The most expensive Gold gets, the more people will want to buy it as
a mean of storing value and to show social status as Gold is a sign of
riches and wealth.
