2 November, 2024

Why Now Is A Great Time To Buy Gold

Why Now Is A Great Time To Buy Gold

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Why Now Is A Great Time To Buy Gold

 

According to Henry to (2015) on Forbes Article, Why Now Is A Great Time To Buy Gold, he said that after the gold prices being bearish during year 2013 and 2014, he became mildly bullish on the precious metal in February of this year.

Why Now Is A Great Time To Buy Gold
Why Now Is A Great Time To Buy Gold

“With gold at $1,200 an ounce, I wrote an article discussing three reasons why I believed gold prices would bottom in 2015, and thus why I believe gold was an attractive long-term investment.

With gold’s recent decline to below $1,100 an ounce, I believe today is one of the best times to own gold. My three reasons for buying gold that I discussed in February have remained valid. I now want to reiterate and refresh my three reasons for owning gold at today’s prices.

After being bearish on gold prices during 2013 and 2014, I became mildly bullish on the precious metal in February of this year. With gold at $1,200 an ounce, I wrote an article discussing three reasons why I believed gold prices would bottom in 2015, and thus why I believe gold was an attractive long-term investment.

With gold’s recent decline to below $1,100 an ounce, I believe today is one of the best times to own gold. My three reasons for buying gold that I discussed in February have remained valid. I now want to reiterate and refresh my three reasons for owning gold at today’s prices. ” – Henry to, Forbes 14 Aug 2015.

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