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Originally Posted by JFK
I buy and sell all the time  |
There were good reasons to have gold before but higher interest rates, and therefore a yield on cash, were one big reason not to have gold. flipside is that the possibility of negative interest rates means gold is very attractive. Why would you keep your money in cash if you're going to lose money every year?
There are also crisis fears creeping into the financial stocks, so 2016 is going to be a big year for gold and you can expect it to keep rising well into the summer. This video explains it
As investors rush to gold, there's still time to buy - Yahoo Finance