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      June 21, 2018

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Reasons To Buy Gold Now

The price trend for gold in recent years has produced quite a roller-coaster of a ride, with values as high as $1,800 per ounce and more. Even at its lowest values in 2012, gold was still above $1,500 per ounce. Gold has been on a 12-year high which doesn't seem to be ending anytime soon.

Although the price of gold can fluctuate wildly from year to year, the recent trend has been a steady increase in value and record-breaking prices.

One of the biggest reasons to invest in gold right now is that, unlike other forms of currency or investment options, gold holds its value. It is not subject to inflation or uncertainty about the global economy. The only threat to the value of gold is a strong paper currency. While the U.S. Dollar has gained back some of its lost value over the last year, it still is too low to be a real threat to gold at this time.

In a recent report, the World Gold Council said it predicts the gold market will continue on its "bullish" trend. The report indicates that the annual total of 534.6t "represented the greatest level of demand (for gold) since 1964 as the net of central banks adding to their gold reserves was cast wider, reaching Brazil, Iraq and Venezuela". In a financial environment where countries are engaged in a staunch competition to devalue their respective currencies, central banks will continue to seek financial refuse in gold.

Investment firms also are driving the trend toward more gold investment, with bold predictions that the price of gold per ounce will only continue to climb. Big-name players such as Merrill Lynch and money manager Peter Schiff have called for prices to rise anywhere between $2,300 and $5,000 and more over the coming months and years.

Aside from the bold predictions about the future value of gold, there are other reasons why investors should consider placing their money in this precious metal.

One of the biggest reasons to invest now is because of the rules of supply and demand. Goldman Sachs estimated that the production cost for gold is around $750 per ounce. That is far less than its current worth, making it a prime investment at this time. However, as demand for a product grows, so does production of that product, creating a supply glut that eventually will bottom out the price of gold. It is best to buy gold and cash in now before this happens.

Another reason to invest now is the stock market. From 1999 to 2006, the price of gold soared. The time period when gold realized its biggest increase in value was from 2000 to 2003 when, coincidentally, the stock market was crashing. When the market crashes, and the value of traditional stocks and bonds bottoms out, investors look for a stable place to put their money.

Gold Galaxy S9 and S9 Plus go on sale June 24 at Best Buy and Samsung

If the Galaxy S9 and S9 Plus don't grab you in lilac purple (our current fave) or coral blue, Samsung is offering up a new shade for its flagship phones: Sunrise gold. Samsung says that this color will have a "satin gloss finish", a first for Samsung ...

Published:  Wed, 20 Jun 2018 06:00:00 GMT



Should You Be Tempted To Sell Barrick Gold Corporation (TSE:ABX) At Its Current PE Ratio

Barrick Gold Corporation (TSX:ABX) is trading with a trailing P/E of 16.2x, which is higher than the industry average of 11.2x. Although some investors may jump to the conclusion that you should avoid the stock or sell if you own it, understanding the ...

Published:  Wed, 20 Jun 2018 13:28:00 GMT



Gold Looks Bearish: Is That A Reason To Buy

A bearish time of the year for gold. Rate hikes could be bearish, and the dollar is weighing on gold. Gold in euros and yen is strong. Trade issues- Bullish or Bearish Just like in 2016 and 2017, gold came out of the gate at the start of 2018 and moved to ...

Published:  Wed, 20 Jun 2018 04:25:00 GMT



Galaxy S9 and S9+ available to buy in Sunrise Gold from June 24

It's around three and a half months since Samsung launched its Galaxy S9 and S9+ smartphones at MWC 2018, garnering a solid reception with our very own Jared Peters said in his review that it was "arguably the most complete package on the market."

Published:  Wed, 20 Jun 2018 09:30:00 GMT



Beautiful new 'Sunrise Gold' Galaxy S9 is exclusive to Best Buy and Samsung.com

Just in time for the heat of summer, Samsung has a fresh new color for the Galaxy S9 and S9+: Sunrise Gold. The new color is arriving exclusively at Best Buy and Samsung.com, for both the GS9 and S9+, on June 24. The new color isn't exclusive to any ...

Published:  Wed, 20 Jun 2018 06:09:00 GMT



Samsung Rolls Out Sunrise Gold Galaxy S9 To Showcase Your Inner C-3PO

It should be noted that if you have a hankering for gold, it will be an exclusive via Best Buy stores starting June 24 th. The electronics giant will sell carrier-backed versions of the Sunrise Gold Galaxy S9 and Galaxy S9+ for Verizon Wireless ...

Published:  Wed, 20 Jun 2018 10:31:00 GMT



Samsung Turns to Gold to Get You to Buy a Galaxy S9

If you've been holding out on buying a Galaxy S9 since that phone debuted in March, Samsung hopes the glitter of gold will be enough for you to finally commit to the new phone. The Sunrise Gold S9 brings the number of available colors to four. Previously ...

Published:  Wed, 20 Jun 2018 12:45:00 GMT



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