How come gold has hardly moved in six months? Plus silver has been mostly flat for year. If demand is so strong..why have the prices stagnated?
10 year gold prices
10 year silver prices
I'd say that the risk of having a communist in our White House has already been fully factored into gold and silver prices. There was, as you say, no major increase in the past two years (in fact a slight drop), but the rise under Pelosi and the first couple years of Obama was dramatic. A significant fraction of my investments are now in durable forms appropriate to the economy that Obama is creating.
Of equal and perhaps greater importance is the stabilization of the southern European economies and the €
The demand for gold is said to be greater in Asia then the west where jewelry sales are actually reverse flow. Jewelers are hanging on by buying rather than selling gold.