Tough times ahead, and if you feel the pinch like I do, you may even be considering whether to sell your gold right now. This thought crosses my head each time, I listen to those “expert” economists predicting to what’s going to happen to the price of gold in 2009. Yes, you’ve guessed it – they say that the price of gold will fell significantly during the next 12 months, and any rise is highly unlikely before the middle of 2010.
But, I never believed those Harvard – educated smart guys, who pretend they know the economy as their own backyard. If one was to believe their earlier predictions, we’d be riding the share prices boom…
As you know, the reality is quite opposite, and price of the gold stocks isn’t doing any better than the main NASDAQ index. That’s why, I won’t cash out my qold holdings… yet.
