{"id":348,"date":"2010-08-17T11:44:06","date_gmt":"2010-08-17T18:44:06","guid":{"rendered":"http:\/\/goldcoinsrare.com\/?p=348"},"modified":"2010-08-17T11:44:06","modified_gmt":"2010-08-17T18:44:06","slug":"positive-gold-trend-in-autumn","status":"publish","type":"post","link":"https:\/\/www.itmtrading.com\/blog\/positive-gold-trend-in-autumn\/","title":{"rendered":"Positive Gold Trend in Autumn"},"content":{"rendered":"

The price of gold<\/a> has been on the rise for roughly 10 years now.\u00c2\u00a0 This trend has brought a lot of investment demand into the market.\u00c2\u00a0 Before this bull market started the demand mainly came from jewelry buyers.\u00c2\u00a0 Not so anymore.\u00c2\u00a0 Even foreign central bankers are net buyers of gold which is a major shift, since for years they have been net sellers.\u00c2\u00a0 But what does all this mean to you and me?\u00c2\u00a0 We need to look at the trends and ask ourselves if now is a good time to buy gold coins<\/a>.<\/p>\n

The following charts show what has gone in the price of gold for the last nine years.\u00c2\u00a0 I got these charts from arabianmoney.net.<\/p>\n

\"\"<\/a><\/p>\n

It is obvious that gold has closed higher every year since the bull market<\/a> began.\u00c2\u00a0 It is also clear that there have been ups and downs all along the way (sign of a healthy market).\u00c2\u00a0 But what is most intriguing is that in eight out of the last nine years gold has risen in the last 4-5 months of the year and many analysts are expecting it to do the same this year.\u00c2\u00a0 2008 was the only year that this did not occur.\u00c2\u00a0 This was due in part to liquidations in gold to cover losses in equities and in part to a rallying dollar due to investors seeking a safe haven from falling equities.\u00c2\u00a0 Could this happen again in 2010.<\/p>\n

It could if we see equities correct negatively in a major way, which would initially have a negative impact on gold, but ultimately losses in equities eventually seem to make gold rise.\u00c2\u00a0 So I expect any correction in gold to be temporary.<\/p>\n

It would seem to me that there is a pretty convincing case (based on these charts) for gold to rise in the fourth quarter of this year.\u00c2\u00a0 Gold is currently at a nominal high but nowhere near a real high (based upon inflation from 1980 to present), which analysts estimate to be around $2,300 per ounce.\u00c2\u00a0 Not to mention we have not seen a blow of top that usually occurs during the third phase of a bull market.<\/p>\n

According to these charts gold\u00e2\u20ac\u2122s rise in the last few months of the year (excluding 2008) have averaged 13.17%.\u00c2\u00a0 That is a very nice gain for those that have capitalized on it.\u00c2\u00a0 I think everyone should own gold as financial insurance, but that doesn\u00e2\u20ac\u2122t mean that you can\u00e2\u20ac\u2122t capitalize on growth too.<\/p>\n","protected":false},"excerpt":{"rendered":"

The price of gold has been on the rise for roughly 10 years now.\u00c2\u00a0 This trend has brought a lot of […]<\/p>\n","protected":false},"author":6,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1207],"tags":[1421,72,86],"class_list":["post-348","post","type-post","status-publish","format-standard","hentry","category-blog","tag-gold-prices","tag-gold-trends","tag-invest-in-gold"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/posts\/348","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/comments?post=348"}],"version-history":[{"count":0,"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/posts\/348\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/media?parent=348"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/categories?post=348"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/tags?post=348"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}