Now is the time to invest in gold

Without consideration, it is obvious that gold market is depressed – severely. During the time of gold bull market, there were sayings that gold will hit and go over $2000/oz – which never happened. Prices loom around $1000/oz now and given the volatility of commodities and historic gold prices, people can see that gold price will eventually rise again.

Many gold producers are therefore significantly undervalued – world’s major gold players included. So if a strategic long-term investor is looking for some gains, the bear gold market now is the time to buy gold or invest in gold producers.

CNN came up with an interesting article regarding this – and a opinion of why gold prices are tumbling: http://edition.cnn.com/2013/04/16/business/opinion-gold-price-investment

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