What about the gold price forecasts for 2014. Approximately whether it was beneficial or even detrimental , make sure you finish this article . A gold analyst , Peter Krauth , said that gold is currently very unpopular , but anyone who warns you to release your gold today will lose capital it actually a huge pent-up capital . Why ? because he predicts gold prices will reach the level of $ 2,500 in 12 months ! that means more than double the price today ( $ 1,213 ) .
According to Peter Krauth what we see and what was shown today is an unstoppable chain reaction in the gold market . That is happening more due to market manipulation . Many banks in the world deviate much money to suppress the price of gold , according to him nearly as much as $ 1.2 trillion . He said there are several factors that (probably ) can cause a rise in gold will reach $ 2,500 in 12 months in the year 2014 :
# 1 . Mining is increasingly limited
He predicts many are not able to mine gold under $ 1250 so it is possible some of the known global gold producers face the possibility of having to shut down their operations now . That put a big damper on gold mining in 2013.
# 2 China 's Syndrome
Much has been made ??of the fact that China has increased its gold import them every year since 2000 .
In fact , spending a total of 920 tonnes of gold were imported in 2012 almost doubled in 2011 to 475 tons . In 2012 alone , China spent $ 2.9 billion for the acquisition of foreign gold mining . The bottom line is that the current historic low gold will occur causing a large shopping on China so that helped raise the future price of gold .
# 3 Indian " Yellow Fever "
Because gold dipped in mid-April , the Indian demand for both raw gold to produce jewelery , as well as the demand for gold jewelry itself, has been positively ballistic . In fact , just three days after April gold prices , India bought 16.5 tons of gold - was 528,000 ounces . This is twice as much demand for gold as a year ago .
In May alone , India 's gold imports topped 176 tons . That's almost double the average monthly rate . And according to the World Gold Council , gold imports for the second quarter of 2013 India could be 150 % higher , from year to year .
# 4 The Japanese Pension Paradox
Many people do not realize that the government and agencies in Japan to convert retirement pension only to the U.S. currency which ranges from more than $ 3.36 trillion . In fact, since April 4 , the yen has fallen against 16 global currencies traded against the most frequent . As a result, many retirees are not happy about this . And now it came to combat inflation , Japanese pension funds increasingly toward gold .
If any Japanese pension funds move to only 1 % allocation in gold to fight inflation yen over the next two years , that one factor alone would send the price of gold rose 29 % to $ 1,552 per ounce .
And if they are using a 3% gold allocation alone would lead to skyrocketing gold price to $ 2,258 per ounce !
Of the few reviews of Peter Krauth , do not let the potential for weaker gold price deter you . By buying gold now , and gradually regularly over the next few months , that's why I expect the gold price to all-time record price set in the years to come.
According to Peter Krauth what we see and what was shown today is an unstoppable chain reaction in the gold market . That is happening more due to market manipulation . Many banks in the world deviate much money to suppress the price of gold , according to him nearly as much as $ 1.2 trillion . He said there are several factors that (probably ) can cause a rise in gold will reach $ 2,500 in 12 months in the year 2014 :
# 1 . Mining is increasingly limited
He predicts many are not able to mine gold under $ 1250 so it is possible some of the known global gold producers face the possibility of having to shut down their operations now . That put a big damper on gold mining in 2013.
# 2 China 's Syndrome
Much has been made ??of the fact that China has increased its gold import them every year since 2000 .
In fact , spending a total of 920 tonnes of gold were imported in 2012 almost doubled in 2011 to 475 tons . In 2012 alone , China spent $ 2.9 billion for the acquisition of foreign gold mining . The bottom line is that the current historic low gold will occur causing a large shopping on China so that helped raise the future price of gold .
# 3 Indian " Yellow Fever "
Because gold dipped in mid-April , the Indian demand for both raw gold to produce jewelery , as well as the demand for gold jewelry itself, has been positively ballistic . In fact , just three days after April gold prices , India bought 16.5 tons of gold - was 528,000 ounces . This is twice as much demand for gold as a year ago .
In May alone , India 's gold imports topped 176 tons . That's almost double the average monthly rate . And according to the World Gold Council , gold imports for the second quarter of 2013 India could be 150 % higher , from year to year .
# 4 The Japanese Pension Paradox
Many people do not realize that the government and agencies in Japan to convert retirement pension only to the U.S. currency which ranges from more than $ 3.36 trillion . In fact, since April 4 , the yen has fallen against 16 global currencies traded against the most frequent . As a result, many retirees are not happy about this . And now it came to combat inflation , Japanese pension funds increasingly toward gold .
If any Japanese pension funds move to only 1 % allocation in gold to fight inflation yen over the next two years , that one factor alone would send the price of gold rose 29 % to $ 1,552 per ounce .
And if they are using a 3% gold allocation alone would lead to skyrocketing gold price to $ 2,258 per ounce !
Of the few reviews of Peter Krauth , do not let the potential for weaker gold price deter you . By buying gold now , and gradually regularly over the next few months , that's why I expect the gold price to all-time record price set in the years to come.
