Gold – An Ongoing Bull Market

Aug. 26, 2010

Over the last 10 years, gold has remained in a strong bull market. Gold prices continue to rise against a weaker stock market and commodities.

Gold may now act-not only as a long-term hedge against a weakening dollar-but as a hedge against all risky assets,” states Jack Adamo in his article for Forbes. Gold is now rising even in the face of a stronger dollar. […] We should continue to exploit [gold] to the fullest.”

Adamo believes gold and the dollar are both havens for investors who are risk-averse. However, he states gold is the stronger of the two since it serves as a haven for those who are also wary of the risk of owning dollars, given the government’s monetary and fiscal policies.”

Read full article here.

(*Why You Need To Own Gold Now”, Forbes, Aug. 23, 2010)