If the Eurozone stabilizes then the Dollar will fall and gold almost always moves the opposite to the Dollar. Eurozone stability in the long term is almost certain - although it will take time to heal. Several economists have predicted $ 2 000 an ounce sometime in 2012. Having said that, I personally would not buy gold as an investment - short term volatility is too low to make it a good speculative investment.
If the Eurozone stabilizes then the Dollar will fall and gold almost always moves the opposite to the Dollar. Eurozone stability in the long term is almost certain - although it will take time to heal. Several economists have predicted $ 2 000 an ounce sometime in 2012. Having said that, I personally would not buy gold as an investment - short term volatility is too low to make it a good speculative investment.