Gold – Will Go Down Before Going Back Up and Setting New Highs in 2012
We are strong supporters of the Gold story. However, like all assets it never goes up in a simple straight line. We predict that Gold will end 2012 much higher than where it currently is.
However, in 2012 it will likely go lower, perhaps much lower than where it is now, by as much as 20%-30% . However, timing this move will be near on impossible so, don’t think that if you’re buying Gold now you’re missing out. You’re not, as you should always be looking at Gold as a medium to long term hold. Trying to time interday moves makes for a difficult investment strategy.
About AES Adviser
AES Adviser, as part of the AES International Group, advises UK residents and UK expatriate clients worldwide on all financial planning matters including wealth management, estate & IHT planning, private & offshore banking, savings and investment, insurance, multi-generational wealth transfer and generating income, from wealth accumulated, to support retirement.
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