gold price trend

Reasons for Gold Price to Increase



Reasons for Gold Price to Increase  A1 to guide investment in gold Wallenwein Alex said, suddenly the mainstream press reports on the reasons for the price of gold will increase, although the report did not mention any of the mainstream press more than 2 years for these reasons gold analyists.
 Alex said that the price of gold is increasing reason stated:
 1. Under a new supply of gold mining.
 2. Brown removed his on IMF gold sales proposal, and U.S. opposition.
 3. "Washington Agreement", to support the central bank gold sales of over-general of the gold.
 4. To buy any gold, the European Central Bank concocted the Asian countries a real possibility.
 5. U.S. trade deficit endless story.
 6. Gold is a "de facto currency", it will not be the world's economic recession caused by the lack of demand.
 7. Gold is an inflation fighter, they can see near the stagflation.
 8. This is a natural hedge against the U.S. dollar.
 9. Trading mainly in the 420 and 435 dollars, between $ year, thus setting a new minimum price, which is considered a "strong buy signal."