So you are telling me to buy gold now... coz it is gonna double next year ... but what is GLD etf....????
Is it ever going to come below the $800 level...just this time last year it was low (compared to what it is now) ...Why is the price of gold constantly on the rise... how long before it stops rising....
yes, now is the best time.
its highly unlikly to go to $800 from here, its just inevitable that gold will pass $1000 this year, there is no doubt about that.
GLD is an ETF, you buy it instead of buying gold bullion and they have gold stored for you from what you buy a share. im not sure how you can buy it from pakistan, try signing up with some international brokers, many have offices in UAE and you will be able to operate from pakistan, try IB, interactive brokers, email them first to make sure.
gold goes up when the dollar goes down, as its the only currency back by gold and all other currencies are backed by the dollar, and every kid knows dollar is gona crash soon due to excessive money printing in the last year and hyperinflation coming. dollar will crash sometime in october-december from where gold will fly up.