Getting Into GOld

Gold is a metal that invites a liking which cannot be restricted.
It is an investment , and a prestigious asset.
In 1900 the price was $21.1!935 saw a mild rise, it was quoted as $35.
It was 37 in 1945.
Between 1945 to 1974, it was range bound ,oscillating between $35 and $40.
Then the hike was overwhelming.
In 1975 ,it was $151.
It jumped to $641 in 1980.
1985 saw a decrease to$354.
Again there was shift, the price was $424,in 1990.
Then there was slight repercussion, it was $385 in 1996
The year 2000 saw a drastic fall to $200.
There was leap in 2005, it was $420.
2009 witnesses an historic rise.
Gold is now $1151/ounce.


Is it still a safe investment?
Gold may extend to $1180.
The price escalation has suffocated the buying capacity.
There is an apprehension to the price enhancement.
Lot of predictions are rife,about the gold price
Lot of hesitations are prevelant, about the gold swing.
The surge is invitable, as the dollar is losing out.
The decrease in price is anticipated later next year, as there are ups and downs in the market standard.
An unreasonable upward trend is sure to bring in an unimaginable downward cast.
So , be wary of investing in Gold for a distinct period.