Some people are wondering about whether purchasing gold as an investment or for valuable coin collections is a good idea, after the interesting year that the commodity has had. According to a recent blog post by Wall Street Journal writer Mark Gongloff, analysts and experts are expecting gold to return to its usual safe haven behavior.
In the post titled, “Gold Should Get Back to Behaving Like a Safe Haven Any Day Now: Analysts,” Gongloff explains that many investors sold off their gold earlier in the year to cover margin calls, which was also widely done in 2008, three years before gold reached impressive highs in price. The price sometimes adjusts because of liquidation of assets by investors, but gold almost always goes back up, according to experts in gold and investments. Three days after this blog was posted, gold prices rose again, putting gold back in a shining position for investors who want a safety net during the uncertainty across the globe about the economy.