Invest NOW: Predictions of Gold Price Surge in the Near Future
Gold...
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It has its ups-and-downs just as anything in the current fiat and cryptocurrency market, but there is promise it will remain steady and even rise to a higher price in the near future. An analyst from Capital Economics was reported in the Wall Street Journal stating:
As long as the uncertainty remains over a potential trade war, the Iranian nuclear deal and tensions in the Middle East and between the U.S. and Russia, the price of gold is likely to remain well supported.
Even though gold has been fairly steady overall and has seen a bit of a drop over the past few weeks, it is more important to understand and look towards the future with current events in sight. Recently, articles and people have stated that gold could soon see a surge in price, including premiums. The main factors that drive gold prices are supply and demand, directly by gold miners and investors. Gold mining is an exhaustive endeavor. Not only have resources been exhausted, but so have budgets. Due to exploration budgets hitting lows in recent years, the price of gold has remained somewhat steady. As Business Insider put it, "when gold prices are high, major mining companies scramble for new discoveries. Eventually when they start mining those deposits, though, the supply of gold increases, pushing prices down. As the price falls, the miners' profit margins fall, which causes investors to lose interest and the miners to reduce production. This causes supply to fall, prices to increase, and the cycle starts all over again."
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There, however, are a couple of other indirect factors here: war and oil. From the tabloids and other media sources, war will not cease any time soon as war drums beat louder and more advances are made. So, with war as a constant, we can count on the statement above to be true that at least gold will remain supported. Nevertheless, oil is also a huge factor, and with the tensions in the Middle East and talks of moving away from the Petrodollar, we could see oil prices skyrocket in the near future as well. From the graph below, you can see the correlation between oil and the price of gold.
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Back on the subject of gold mining, here is where oil and gold mining work hand-in-hand. Gold mining may be a cyclical process and it may bring influence to the price of gold in the near future, but Business Insider reported that currently:
We've been seeing for more than a year that interest rates have been rising.
Yesterday afternoon the yield on the 10-year US Treasury note surpassed 3% for the first time since 2014.
And oil prices have been rising steadily as well.
Financial markets don't like this combination- it means that inflation is coming. Big time. And stocks plummeted worldwide as a result.
Now, that immediate reaction was probably a bit too panicky.
But the deep concern that inflation is coming (or has already arrived) is completely valid.
Inflation is a HUGE problem. And the traditional hedge in times of inflation is GOLD.
But remember- new gold discoveries have collapsed in the past 15 years.
The article went on to state that when the demand for gold starts rising again since miners cannot just go explore a new site as well as other factors, the supply will not meet the demand and therefore the price of gold will soar! Business Insider made a very important and bold claim:
All it would take is for the economy to tank, a natural disaster to hit, or the political system to go into turmoil and you could lose everything—your money, your assets, and possibly even your freedom.
Due to our current global policies and standards, the global economy is a ticking time bomb. Whether the global economy takes the dive and crashes itself or a huge world war decimates most of the planet and then causes the global economy to tank, it doesn't matter because it will happen, we just don't know when.
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The talk of gold rising is favorable if your investments and assets are backed by such a highly valuable commodity. Sadly, the global fiat currency has not been truly backed by gold for some time now. Also, most cryptocurrencies are not backed by anything! All of this can seem like a huge dilemma if you do not invest properly while there is still time. That is why GODcoin is the smartest investment, even if an EMP attack or other world-wide catastrophes occur. GODcoin will not only be backed by GOLD and SILVER, it will be the new currency for when the old fiat currency falls. The reason GODcoin stands above the rest is that it will be established as the official currency in the New Kingdom. This New Kingdom will be ruled by Lord RayEl, who is the returned Christ and Messiah. Find all the proof and evidence here. He claimed all the gold and silver to be His, as stated in the Haggai 2:8.
Since GODcoin will be backed by gold and silver and the prices, for now, will be rising, it will only make your investment all the better. Even the article said that not only gold would rise, but "silver could rise even more." Clearly, there is a lot of instability with the world's current situation. Not only does GODcoin gives the illuminated path towards the future, but as gold and silver increase, so will the investments being made at this time. GODcoin's amazing ICO offer of investments being met with a 40% token bonus has been extended until the end of May 2018! Invest now, and as the price of gold will inevitably increase, so will your profit!
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There certainly are a lot of factors that effect the price of gold.
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Fiat crash and desperate demand will drive this.
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There will be a lot of interesting!
Time to invest now!
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The wise will invest.