Gold prices topped the key $1,000 mark for the first time in nearly a year, as global financial and economic worries boosted the safe-haven appeal of the precious metal.
This is something gold bugs have been waiting for a long time, and it now looks as though we are set to make a new all time high very soon.
With the Dow now below key support levels, it looks like the run to gold as a safe haven will continue. However, gold stocks should be considerably higher, give current prices. For example, AEM was north of $80/share last time gold was $1000 but is currently trading at around $55. Is this a great buying opportunity?
Whether you choose gold, the ETF or gold stock, make sure you have a stake in the yellow metal!
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