Gold - A "Bridge Over Troubled Water"
Gold - A "Bridge Over Troubled Water"
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In September 2010 I published an article titled "Silver Investing-Is It Too Late at $20." My conclusion was, no. A mere month later, I published another article with a similar title and the same conclusion when the price of silver closed above $24 an ounce. In late January of 2011, when the price of silver had pulled back about 11%, I wrote that this was a great buying opportunity. Other silver analysts were warning of an imminent severe pull back.
Those who see the world with a "the glass is half empty" philosophy have this to say: The price of fuel will never go down again. It is predicted that it will reach a dizzying $12/gallon by 2009. There is no space to back down because the copyright currency Intro oil companies themselves are being cornered. Oil is running out and there is nothing that they can do.
In order to use wind power you need to install a windmill in your home or on your property. Granted this is easier to do if you live in rural areas than in urban ones, but you need to start to take action sooner rather than later and so become independent of the rising Bitcoin Price Prediction 2025 of electricity.
We have more and better news than ever and it's all so convincing - but all you have is a story which reflects the crowd psychology and as the crowd always loses, it's not a smart way to trade.
It is perhaps inevitable that this type of digital, peer to peer, currency would rise, but it is the flaws in the current systems that are giving it a boost. As people lose faith in the government and banks, they are going to be looking for something that will provide more options. They will see the advantages Ethereum Price Prediction 2025 of skipping the middleman of credit cards. International transactions will start to happen skipping the middlemen of banks and wire services. As national currencies destabilize, they will start to see an electronic, non-national, currency as a good reserve currency to hedge against inflation, runs, etc.
When you are setting off to Atlanta, you will want to carry plenty of supplies for taking photographs. If you are behind the times and still use film, consider moving up to a digital camera. Nothing is more disappointing to me than when I get back from a trip and discover that some of the pictures didn't turn out. With a digital camera, I can see what I am taking as I go along. The only things I Ethereum (ETH) Price need are batteries and memory space. Now that you can get a great digital camera for under $200, your excuses are dwindling away. Thousands of tourist locations have stores that will transfer your pictures from your memory card to a CD, allowing for you to snap even more pics to torture friends and family with when you get home.
The rise of China and India as economic powers will increase the demand for silver and also the price. As these countries continue to develop, their middle and upper classes will want more toys. They will want cars, TV's, smart phones and proper medical care. All these things have silver in them. With billions of people living in both nations, it is easy to see how silver can dramatically increase four or five times in price.
SO, gold's code is XAU. That's right; gold has its own currency code, just like the Euro, dollar and yen. Gold coins may not be used in transactions in your town (yet), but some of the framework is in place...After all it is "Gold Money".