By Moe Zulfiqar
Busness 2 Community
I have faith that gold prices are just about to go higher. While the current negativity towards gold continues to increase, it goes against the most basic of economic principles — supply and demand.
Since gold prices have begun their recent slump, some in the mainstream media have even said that the bull market in the metal that began in 2002 is over. They are saying gold bullion has no space in their portfolio and that it isn’t really a store of wealth anymore.
But the fundamental reasons for a rise in the value of gold bullion are actually increasing. The demand is going up and supply appears to be slowing — the very recipe for a price increase.