Forex Market 101 : Gold Prices Headed Towards $2,100 Per Ounce By 2012 - History has proven time and time again that when economies weaken, gold prices skyrocket as a direct result of safe-haven demandince the turn of the millennium, the United States economy has weakened so much that several investors and business analysts feel it is a dead fish in the waterost dollar-backed investments like stocks, bonds and cash accounts have suffered major losses due to a contracting economy that is only Getting worse by the dayn the year 2000, the gold spot price was sitting around $240 per ounce, and now in the year 2011 it is past $1,700 per ounce and climbinghe latest gold market projections are forecasting that the precious metal could easily reach $2,100 per ounce in 2012, and here's why:US debt is soaring The United States has the highest debt in the world, owing more than $14 trillion dollarsn August 2, 2011, the United States Government raised the debt ceiling, allowing it to continue borrowing with no mercyt doesn't take an economical genius t ... [Read More - Forex Market 101]
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