Sunday, January 3, 2010

Your last chance to buy at $1,000

Happy New Year! May the New Year be one where sanity prevails; greed and economic recession take a back seat; and one where you receive as much respect as you give. May it bring you prosperity, happiness and peace of mind.

Some of you might remember my earlier posts regarding gold. This story appeared in yesterday's Gulf News.

"The first few months of 2010 could very well be your last chance to buy gold at a decent price around $1,000 (Dh3,672) an ounce, as there will be increases in the longer term.

Demand for bullion will continue to be robust this year with central banks, especially those with heavy exposure to the US dollar, expected to buy more gold than they sell, industry experts said." Read more ...