Gold on the Verge of a Major Breakout

Gold has been at the center of investor attention since soaring to historical highs in the latter half of 2011. Since then, however, the metal has taken a tumble, leading many to speculate when it would hit its bottom and when it was time to buy back in. Everyone from Jim Rogers to Peter Schiff had their predictions of where gold was headed and just how low it would go, but the fundamentals for the metal seem to be suggesting it is on the cusp of a healthy breakout [for more gold news and analysis subscribe to our free newsletter ]. See the full story here → Related Posts: Aussie Rate Cut Puts Further Pressure On Gold (GLD) Where Does Gold Come From? Jim Rogers: Why Gold Broke Its Bull Run GLD Flirting With Key Support Ahead Of FOMC Minutes Schiff: History Suggests Gold Will Skyrocket Again