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August 2011 – Stanley King A.G. - The Gold Rush.
August 2011 – Stanley King A.G. - The Gold Rush.
Top researchers at The Stanley King Advice Group continue to monitor the continuing influx in the price of gold.
FOR IMMEDIATE RELEASE
(Free-Press-Release.com) January 17, 2012 --
Top researchers at The Stanley King Advice Group continue to monitor the continuing influx in the price of gold. Since October 2007, the price has risen from approx $740 to a recent price of $1,800 an ounce-an incredible increase.
The high prices are due to many variables; one major factor being fear among a people who feel that something you can see and touch is worth a lot more than a promise from a bank. The recent credit crisis has initiated such fears and as yet faith in the system is not fully restored especially with such a presently volatile stock market.
It is not fear alone steering the price of gold up a continuously steeper slope, prices have risen phenomenally since 2007 which has inspired many an investor to get in and out quickly, some are hanging on and many people are rushing out and selling all their old jewelry to make a quick buck.
Essentially gold is only valuable because as a people we all agree that it is, this concept stems from the usage of gold as currency making way for the monetary system which created the “I owe you” now more commonly known as ‘cash’. Gold is a reliable element in that all the gold ever mined is still in existence, it can be divided without losing any of its properties and is a rarity, but not too rare. Some opinions are that the gold bubble will inevitably burst but research is showing that until there is economic stability in Europe and the US people are content to invest in the Gold Rush.
Stanley King A.G. are a Luxembourg based advice group. For more information on their services please visit www.stanleykingag.com.
Where: London,United Kingdom
Industry: Business Services

Where: Berlin,Germany
Industry: Business Services

Where: San Francisco,United States
Industry: Business Services
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