A stronger dollar will also make the price of gold go down in the short term. A more sophisticated investor or trader might swap dollars for a weaker currency and buy gold with that currency when the dollar is getting stronger.
I think that gold price will decrease, however, I believe there will be a major stock market crash in 2016 and after that the price of gold & silver will skyrocket again.
I find this comment very interesting. I heard it somewhere too.. but such stock market crash predication was made at all factors considered as normal.. the falling oil prices was not considered at the time the prediction was made so I wonder if this stock-market-crash prediction for 2016 remains valid...
It will definitely disappoint some people... Maybe I'm sitting on the fence somewhat, but if anyone's definite about this story they should be pumping all their money into the trade, one side of it or the other. Personally, I don't really have great expectations for gold one way or the other, which is really what gold is meant to be all about - whether that viewpoint makes sense is another matter....
I don´t think gold will move much in 2015 and 2016. Gold is an anti-inflation play, and with the price of oil where it is, there is very little chance inflation will be a problem for at least the next 18 months. The Fed also has a lot of room to move to prevent inflation at the earliest signs. I think you would have to see oil at $100 before you even start thinking about gold.
The tangible asset play is clearly where future value will end up. With China’s endless need for coal, iron ore and oil the future of all these markets is the bright spot in the financially based international macroeconomics. Hear the cow bells? LOL. Leading the charge is gold. History shows us that monetary policy usually follows a very predictable pattern.
This is the trillion dollar question. Brazil, Russia, India and China want to upset the US dollar as the reserve currency of the world. Whether or not they will be able to do this depends. China is investing heavily in development banks to try and weaken US development banks. Also China and India are now negotiating contracts to buy oil in their own currencies instead of the US dollar. Each of these things is slowly pecking away at the US dollar. As for 2015, a lot will depend on the US economy and how their deficit is with China and other countries.
I believe the price will have to fall because it has gotten so high over the years. This goes with most of the predictions of that time too! I have taken all my investments out of gold recently because of this. Good look though!
The reason why gold prices are rising so consistently is that governments are hoarding and stockpiling all they can get. Gold and silver used to follow similar trends but the last few years gold has been on the steady rise all the while silver has fluctuated up and down. If you wanted to use gold as an investment opportunity, I think you might have missed the train by a few years because the only people selling gold like that are cut-throat profiteers. I doubt you'd be able to make a significant profit at the price gold trades at right now, and there is still a chance gold could bottom out soon. It's being used in the tech industry as a material for electronics, but soon enough somebody's going to develop a different process or find a new material that will decrease the need for gold which is so incredibly expensive right now.
