Gold Prices
Below are the gold prices according to the World Gold Index (XGLD). Notice how the numbers have skyrocketed over the last year! Gold is the basis of the world economy. It was the starting point when nations didn’t have their reputations and credit to determine how much their money was worth. There was a time when every US dollar was backed by its weight in gold, held in a national reserve. Gold prices have been going up over the last year and continue to do so. People are realizing that a commodity like gold is a safer bet than just having cash in the bank. As you can see below, the price of gold suggests that it is time to invest.