Scrap Gold Blog


Tuesday, 30 June 2009

Could the gold price be on the move?

Gold to surpass $1,000 per ounce...

In recent days, several significant sources have indicated that now may be the last opportunity to purchase gold before the price begins to surge again.

Many believe that the ongoing fiscal output by the global economy, particularly in the US, will lead to a period of increased inflation. Trends traditionally indicate that as inflation rises, so does the price of gold.