“Gold has a lot further to go,” says MarketWatch analysis

Is the Gold correction over yet?

MarketWatch analysis suggests that “Gold has a lot further to go,” as Mark Hulbert explains to Laura Mandaro in this video in which he compares gold’s bull market with the tech boom and bust of the late ‘90s. “If gold were today as high relative to 10 years ago as the Nasdaq had risen in the 1990s, it would be trading for more than $3,200 an ounce – almost double where it is right now.” Furthermore, he doesn’t see the same “stubborn bullishness” in the gold arena as occurred in the tech boom. Rather, gold timers are skittish. “It’s actually just the opposite the kind of sentiment situation that existed at the top of the Internet bubble.”

Read more about the 2011 gold correction and an update on gold as an investment in 2011.

» Contact Cornerstone Asset Metals today to learn more about buying gold as an investment.

Past performance is not an indication of future potential values.