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Monday, May 16, 2011

Highest ever gold price

Inflation, public debt and increasing economic uncertainty. Meanwhile, a new record price of gold fluctuates around $ 1,500 an ounce.

New record for gold, that a few days continues to hover around the $ 1,500 an ounce.

To encourage the increased demand has helped the time of great uncertainty that all the major economies of the world are going through, inflation in China, to new tensions in Europe about the money for the states that do not meet the Maastricht rules.

The last bastion to stop the rush collapsed a few days ago, U.S. rating agency Standard and Poor's announced the downgrade of the outlook U.S. public debt from stable to negative. So one of the financial products more attractive to investors, U.S. government bonds, has suddenly become less attractive, this benefit, in fact, the demand for gold.

It's important to remember that gold has increased over the whole of 2010 by 32 percentage points.

The same positive trend can be seen for the silver, during the 2010 grew by over 50%.

Link: sell scrap gold.

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