Well2016 has been an amazing ride for gold investors. With the news of Mr Trump being elected the price of gold has dropped because he has increased the belief in the stock market which makes investors go for business and pull out of gold. This causes a gold buying opportunity.
Combine this with increased pressure on the EU with uncontrolled immigration and you have a recipe for a market correction.
China’s economy is slowing and considering that China is Australia’s largest export buyer logic dictates that they will be buying less of our Iron etc.
This will have an effect on our dollar making it worth less which will make the cost of gold go up. During the next crash out ability to sell exports will not save Australia like it did in 2008.
Now may a great time to stock up on precious metals.
Call us today to discuss your option on purchasing physical bullion.
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