Wednesday, May 26, 2010

Will tensions on the 38th Parallel cause gold to skyrocket?

As if precious metals needed anymore reasons to head upwards, now we have a possible outbreak of war between North and South Korea that is causing gold prices to spike.

Some forecasters have already been calling for gold to head into the $2000 - $5000 dollar range and now I am wondering if this conflict is the catalyst that will propel gold to the unbelievable heights that they have been predicting.

Regardless if this conflict escalates or subsides; with all the global economic problems the nations of the world are facing, gold and other precious metals are and will be a safe haven for the foreseeable future. Invest now while you still can.

-Blogging4Bullion

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