\25 Press Releases\
October 05, 2011 - MIAMI, FL - Many investors are wondering if gold is too expensive, even at today's relatively lower price. In fact, strange as it may seem to say this, gold - at just over $1600 an ounce - is actually cheap. In the longer term it is anticipated that gold prices will go far higher, especially if governments keep 'curing' their debt ills by printing more money.
The situation in Europe is not healthy, by any standards, but with so many nations having a stake in keeping the euro afloat it seems they are happy about, or at least accepting of, the idea of pouring more and more money into the system to avoid any one country sinking into bankruptcy. As fiat currencies are increased, gold will increase in value also; on the other hand if, or when, the European system implodes and the euro collapse...
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