Christina Goldman asked:


The recent correction of 25% in the price of gold for investors has many ounces of ingot wonder if the bull market in gold is over. I 'm the going to provide a historical po'della banality of gold that I hope that the riassicurerà think that the basis for the possession of the rod gold as an investment of safe-harbor, is still valid. In March of this year, the price of gold ounces to hit a high point in the history of $ 1.030.80. On August 15, gold hit a nine-month low of $ 773.That is a correction of 25%! In just one month - from July 15 to August 19 - gold has only 20%. Fell Now, that's just real scary! I know there are many investors rod of gold out there that are probably wondering if the bull market for gold is over. At this point, you 're probably fed up and are seriously thinking to get what you hard goods. I want to take a deep breath. Just. And reading of conservation. It may comfort to know that the last great gold bull market of 1970 's also was interrupted by similar corrections.1. In November of 1978, gold has had a 20% correction.2. In 1979, gold has lost 13% in four days! 3. Gold has had a terrible correction in 1975, 50% drop from $ 200 per oz to $ 100 in 1976.At that timing, all said that the bull market for gold was over. As investors are well aware of gold, the price of gold has continued its ascent over the coming years, not arrestantesi until they hit $ 850 in 1980.Okay, I know what you are thinking. That was then. This is now. Ah, but in the current bull market, gold has had corrections like what we are experiencing now.1. In the summer of 2006, gold fell 21% .2. But by the end of 2007, gold was 45%. The point I raised 'the m. trying to make is that the corrections, painful as they are, are normal in bull markets. Now that we 'the VE day look hard at statistics, we must determine whether the foundations for the rod of gold buying is still intact. Let 's go back to March when the gold had climbed more than $ 1,000 each ounce. You were pretty exciting, huh? Now, ask: what was causing the price of gold to rise? 1. Inflation was on rise2. The dollar had problems3 long term. Banks were failing4. Providers of mortgage were lining insolvency5. Prices of housing were falling6. The economy was on board recession7. The oil has addressed a long-term supply shortageOkay, now wonder any of the 7 elements listed above variable? Think about this. If the bull market for gold was over, we would have: 1. Inflation2 low. Banks3 healthy. Prices4 stable housing. A new, major oil discovery5. Creation6 rising labor. A falling unemployment rate7. Government8 a tax charge. A strong U.S. dollars had a balanced budget and a tightening Defic don 't see the event any of the above anytime soon. Fate? In conclusion, I would say it is safe to assume that the bedrock reason for the possession of the rod gold as an investment of safe-harbor, is still valid. Further try to say that gold - at $ 800 per oz - is the buying opportunity of a lifetime!

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