6 Reasons Gold Price Set To Double By Year's End

6 Major Reasons the Price of Gold Might Double

1. The Election campaigns between President Obama and Mitt Romney are running very close together according to several major media reports. 

2. The Mayan 2012 end of the world prophecy keeps further panic among prophecy believers alive until the 13th of December when either the world ceases to exist or the prophecy is deemed another hoax.

3. The value of the euro has declined with all the latest rounds of in decisions coming out of Europe trying to resolve their fiscal woes. 

4. The German government consistently does better than the rest of the EU community economically. Many of the EU nations view Germany who has the largest deposits of gold bullion in the EU nation as their caped crusader who could come out to save the rest of the struggling nations by helping to strengthen their personal fiscal problems.

5. The EU countries are increasingly becoming tapped both economically and financially. The more these countries beg for assistance the worse things become. As the level of this activity increases, gold again increases in value.

6. Perhaps the most significant reason is that the value of gold will increase during the year as it progresses along. It will be the media outlets that amplify its progress, along the way. There are going to be many cynical investors making major market moves out due to miserable financial performances within the markets.

Article Source: http://EzineArticles.com/7230529  6 Reasons  Gold Price Set To Double By Year's End 

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