Investors around the world are feeling the pain of sharp stock market selloffs that began last week and continued into Tuesday, while gold prices remain in positive territory for the year.
The Dow Jones tumbled again on Friday, closing down 2.5% in a week that saw the historic index slump over 1000 points.
Gold prices rose to 17-month highs last week, boosted by a report of slow economic growth and a flagging U.S. dollar.
The recent bitcoin plunge has been a painful lesson in market bubbles. In fact, a predictable flight to safety seems to have begun.
Gold prices hit a four-month high last week, gaining support as the U.S. dollar went down. In fact, the greenback hit three-year lows on Monday.
2018 has arrived, closing out a year where gold enjoyed its best performance since 2010!
“We expect silver prices to average $17.25 an ounce in 2018, with the biggest gains seen by the fourth quarter. We are optimistic about silver because of higher industrial demand and falling supplies.”
“Silver prices are likely to move up in 2018 due to rising industrial demand. Since global growth is looking to remain extremely positive, we believe silver consumption to go up this year.”
“The bullish price scenario for silver keeps growing over time and within the next of couple of years, silver prices will climb.”
“We are seeing evidence of silver industrial demand picking up with strong global growth. Therefore, strong global growth should lead silver to higher prices, as it has in the next expansion phase.”
Investment bank analysts have been lining up to talk about bitcoin.
American Hartford Gold (AHG) the leading Gold & Silver Specialists that helps individuals and families diversify and protect their wealth with precious metals. Through our website, publications and expert Product Specialists, American Hartford Gold offers a wealth of precious metals market perspective that empowers both new and experienced investors.
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Los Angeles
11755 Wilshire Blvd. 11th Floor
Los Angeles, CA 90025
Phone: 800-462-0071
Email: info@hgoldgroup.com
Woodland Hills
21550 Oxnard Street Suite 705
Woodland Hills, CA 91367
The statements made on this website are opinions and past performance is no indication of future performance or returns. Precious metals, like all investments, carry risk. Gold, silver and platinum coins and bars may appreciate, depreciate or stay the same depending on a variety of factors. American Hartford Gold. cannot guarantee, and makes no representation that any metals purchased will appreciate at all or appreciate sufficiently to make customers a profit. The decision to purchase or sell precious metals, and which precious metals to purchase or sell are the customer’s decision alone, and purchases and sales should be made subject to the customer’s own research, prudence and judgement. American Hartford Gold. does not provide investment, legal, retirement planning, or tax advice. Individuals should consult with their investment, legal or tax professionals for such services.
