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Gold Panic - time to buy or time to sell?

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Uploaded by on Dec 24, 2011

http://www.financemoneybusiness.com
With the price of gold steadily dropping since its peak in September, we're seeing pessimism and panic in the market. Try not to be swayed by short-term events and realise that in the long run the price of gold will rise. This is because money printing is the most likely solution the leaders will choose to solve the European banking crisis and there's a good chance we'll see QE3 in the US during 2012. The more money they print, the less valuable the currency becomes which is positive for gold.

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Uploader Comments (MoneyTalksFinance)

  • the same - silver will go up too - no need to panic

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  • bought a kilo silver Kookaburra 2012 and1oz gold kangaroo2012

    from your island today

    adding to my colletcion

    love stacking and removing the fiat out of the system

  • Today, they are even more of a bargain.

    Happy New Year to you and your in England.

  • happy holidays and all best wishes for 2012!!!

  • Delightful as ever Barbara!! Love it how your hair bounces around when you get excited! :)

  • What a cutie!

  • I have a family member who sold her gold a little while ago. In two years time she will be regretting it. In five years time she will be kicking herself. In ten years time the rest of her family will be kicking her.

  • @TheSilverlover999 There has been a slow down in China's solar mfg due to governments in Europe no longer subsidizing upgrades for consumers.

  • QE3 is already baked in.

    Rumors are central banks are selling gold to buy cash. Everything seems to be a front for whats really going on.

  • Merry Christmas Barbara to you and your family!!! All the best in the new year 2012!!!! Stay safe and keep smilin!!!!

  • Barb it's been a LONGGGG TIME!! So glad you're back!!

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