The first time it happened was in 1980s during the
great inflation, gold price per ounce got to a high standard rate of $850. Today Gold did $3200 per ounce, which means that investment analyst may have foreseen hyperinflation, and is advising investors to run back to gold.
Moreover, experts presume that if people embraced gold, it’s expected to hit $7500 per ounce. What do you think about investing in Gold?
Yes and gold has always been the choice of many people because so far the capitalization is also quite large and I see a lot of potential that may result in such a significant price jump so far. Some people I meet now are so proud to say that gold is the best and I am not trying to say anything because the long journey of gold makes most people understand the process better.
I do not hold a lot of gold, maybe individually I do not get such great benefits even though a small part of my wife's investment is also in gold. This is a good step for gold holders because in conditions like now they get maximum benefits from the investment process they are going through.