Gold Breakout Above $1000 an Ounce Coming Soon?

Posted on | June 14, 2009 | No Comments

This weekly chart of gold shows the support and resisitence levels for gold.  With inflation coming, gold is an extremely interesting investment that has the potential to produce huge returns.  Being a firm believer in the gold bull market, I have been invested in gold since 2005 and can say that I will remain invested until the parabolic rise we are likely to see in a few years.  After the subprime mortgage crisis, investing in real estate is no longer profitable for many.  Investing in the stock market has caused many shareholders to lose almost half of their portfolios.  The one investment that has sustained gains through it all is the investment in gold and other commodities.  For more information on strong inflation investments click the hyperlink.

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