If you review the gold price history you'll find that, other than the spike in 1979-1980, it has remained fairly steady until 2006.
Gold Price History
In the chart below you can see the London PM Fix from 1975 to present...
As you view the chart you can be thinking one of two things.
For the investor who missed the gain in value over the past few years you might want to cry! There was a huge opportunity for wealth creation from 2007 to present.
The next question is how much higher can it go?
If you take a look at the
reasons to buy gold,
it may shed some light on why gold will be breaking more record highs in the not so distant future.
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