Tuesday 28 July 2015

Gold price analysis

Time to buy gold ? I don't think so. In  best case market is indecisive. Look at the historical price of gold from 1970. This is close price in the end of year.


1970 - 38.9 $
1974 - 183.77 $ (period of 4 years and 472,4 percent profit)
1976 -  133.77$ (period of 2 years and 27,21 percent loss)
1980 - 594.90 $ (period of  4 years and 444,72 percent profit)
1981 - 400.00 $ (period of one year and 32,76 percent loss)
1982 - 447.00 $ (period of one year and 11,75 percent profit)
1984 - 308.00 $  (period of 2 years and 31.10 percent loss)
1987 - 486.50 $  (period of 3 years and 57,95 percent profit)
1992 - 333.00 $  (period of 5 years and 31,55 percent loss)
1993 - 391,75 $  (period of one year and 17,64 percent profit)
1994 - 383,25 $  (period of one year and 2,17 percent loss)
1995 - 387.00 $  (period of one year and 0,98 percent profit)
1997 - 287,05$  (period of 2 years and 25.83 percent loss)
1999 - 290,25 $ (period of 2 years and 1,11 percent loss)
2000 - 272,65 $ (period of one year and 6,06 percent loss)
2012 - 1664,00 $ (period of 12 years and 610,31 percent profit)
2014 -1199,25 $ (period of 2 years and 27,93 percent loss)


From 1970 to 2014 (period of 45 years and 3082,90 percent profit or more than 30 times), but FED  announced that they will raise FED interest rate, and more and more investitors will be change their investment portfolio towards dollars.

It's time to wait a couple years for better buy price.


This blog is intended for education and learning and presents some of the techniques of trading and investing, and not for providing advice for trading and investing.
If you are not experienced in trading (at least a few years), do not invest your money.




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