A $2,000 gold price is very likely in a few years, according to Agnico CEO. When it comes to investments, and trades, it is always a great and profitable business, to go into trading hard assets.
One of the most popular, as well as most traded hard asset is gold. Gold is a great go to, when it comes to trading because of its long standing as a go to currency, that has surpassed the centuries. The currency standard of gold, has been some thing that people have relied on, as opposed to the many fiat currencies available around the world.
The reason for this, is that many feel that gold has an inherent value as a currency. As a result of this mindset, people frequently trade gold, because it is something which will always have some sort of value. It is important to remember that this is an arena that must be taken with much caution, but is a great way in which people have, and continue to make a lot of money.
Along with being the go to currency, gold crosses over national borders, and therefore will always be in demand. Along with this, gold is used to make many different sorts of goods, and will always be a go to, in terms of precious metals. If a person and or company, has the means, in which to trade gold, they should definitely take the opportunity. The reason for this, is that gold will always be desired, and in many ways will be limited, thus driving up the value of the gold prices.