Hope you are righy about the fall in prices for Gold. It sure has risen beyond imagination and continues to rise...

I don't see me that way. Thats a big one. But I am trying to make my presence in the business and trying to be an entreprenuer, Investor and Money mentor to share and help others from the lesson I learned..

Thanks for the comment by the way..

Excellent.You seem to be an Economy Wizard.The article is  very informativeThanks for the efforts.

Hey Vijai,
Just checked your blogger page. I left a message there. I had missed the link first time I read here.
Will get back to you about your previous questions later.
take care.
RS

Ehsaas,

Thanks for the comment. I glad even for non savy finacial person, i was able to deliver some meaning ful blog..

VIJAI

KSN,

Thats very good comment. I didn't mention that its going to come down in 6 months. Its going to take down. US is theoritically in reccesion and economy has slow down as you mentioned dollar weakinening is one of the main reason which also pushes oil price. As you said, $$$ is no more a safe parking lot but all the middle east parked everything in dollars and they can't switch immediately to EURO or antying. So they won't let this go down deep. 

Gold will come back up to an affordable range when all the chaos is over and the demand is less with more supply. Is all works with supply and demand, greed and fear right.. 

I never thought you are financial expert too.. 

Good one!!

VIJAI

I agree with you that gold prices are in stratosphere now.
Prices will come down but most definitely not to the 800 level.
Reasons ....
-- $ as a stable currency. Like it or not $ is not a stable currency. Given the recent depreciation it is no longer a stable parking spot .
-- oil prices peaking. Oil prices are reaching new peaks. This will have to taper off. Consumers world over will revolt. So a cresting asset is no longer a investable asset.
-- Last serious dip in gold prices was when a couple of European central banks The british most significantly , sold of vast quantities of reserves. Now the trend is reversed. The past couple of weeks the central banks have been major buyers including RBI .
-- instable financial markets.

But demand supply will stablize prices Gold will come down to maybe the 950-1050 range

Hey ranju,

Thanks for taking time to add a comment. I know you are somewhat familiar with money and business stuff. I can see from the mention of CNBC in the comment. You are right about foreclosed homes. It is a good investment all around US. There are more supply of homes and less demand but I would suggest people to weight in the options and take decision accordingly. Its not an easy transaction of handling properties compared to GOLD. Not everybody can do it. So they have to think about their expertise level and risk taking mentality to step and test the waters. I been there and doing it and  I know the in and outs to talk about it.. 

But its definetly a very nice area to step in and make an investment which can reap reward when the market goes up.. Good mention..

Please do check the other blog site and add the comments, it will surely improve my webiste rank.. Thanks..

VIJAI

Thanks MU!! It will eventually if you see the graph and it has come down but time will only tell when.. Yep, I am very much in to Business and Money things.. Thanks for checking and adding comments. I would really appreciate adding comments in the other website that would help to get my website rank up..

Thanks
VIJAI

Hi Sampath,

Welcome to my blog!! As you can understand from the blog, GOLD affect globally in this global economy. It is going to push the gold prices in India as well and also pushing the oil prices which will eventually make the government cruch to raise the petrol and diesel pricess.. Its all a chain and linked tightly.. You will see the same effect but in a different way in India..

VIJAI