Future Of Gold Prices
A lot of people have recently been flocking to commodities as a result of the recent draw downs of the equity markets, with the gold future becoming a well-liked commodity to invest in. So why in this time of economic turmoil is gold sky rocketing to historically high levels? A gold future is not only seen as a hedge against inflation, however it is also seen as a hedge against softening foreign currency values, in this recent case it really is the declining Euro. Europeans are investing in commodities like gold and silver since, very frankly, it looks as if the Euro will not have a value in a year’s time. READ MORE