2 Factors that Could Send Gold Prices Higher

By Admin Posted June 20, 2015

2 Factors that Could Send Gold Prices Higher

Over the last few years, gold prices have been in the doldrums. With stock markets soaring to all-time highs, who wants to buy something that has no return? Well, things are about to change. Or should I say; are already changing in front of our eyes. For the following two reasons, gold prices are about to soar.

Reason #1: China

The recent crash in China’s stock market has helped many investors realize the risk in stock investing. From June 12th to July 8th, the Shanghai Composite Index plunged a staggering 32.1%. In recent weeks, more than 1,000 stocks dropped by more than the 10% limit posed by regulators. company formation At the peak of the crash, more than half of all publicly-listed companies in China filed for trading suspension to save themselves from further tumbles. As a result, many investors pulled their money out of the stock market and securities investment funds. Where would all that money go? Gold. Read the rest of this article on Profit Confidental magazine.

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