The Price of Gold Per Ounce is Exploding - Why You Should Buy Silver and Gold Bullion Coins Now

The price of gold per ounce is exploding!
Gold has gone up forty-six dollars in the last merge of days alone. Gold is now up eleven percent year-to-date. Gold has also broken above the indispensable 0 level.

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I'm going to clarify the thinking behind the new explosive move in gold. I'm also going to clarify why I feel that the price of gold per ounce is going to rise even higher in the arrival weeks and months.

10k Gold Price Per Gram

Let's go back to a merge of weeks ago -
Federal sustain Chairman Ben Bernanke, along with several other Fed governors began talking tough about inflation. The financial markets wrongly got the impression that the Fed would begin to raise interest rates, maybe as soon as August. The dollar began to rise in response and gold sold off.

The Price of Gold Per Ounce is Exploding - Why You Should Buy Silver and Gold Bullion Coins Now

However, it soon became clear, after the most new Federal sustain Open shop Committee meeting that all the talk about the importance of a strong dollar and the concern about rising inflation was just that - Talk! In actuality, the Fed is more concerned about the state of the economy than they are about recovery the dollar. As soon as it became clear that the Fed wasn't likely to raise interest rates any time soon, gold began exploding to the upside!

If you think last week's operation in the gold shop was exciting, just wait. Over the long-term, the price of gold per ounce is going to move even Higher.

You see, the Fed is in a bit of a predicament -
If they raise interest rates, the weakened financial ideas could collapse. If they don't raise rates, the dollar will continue to weaken.

Sadly, the Fed's inability to raise rates will cause everyone to lose. The dollar will continue to fall and the economy will suffer because of higher inflation.

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