Why Russians "are not reeling" from the gold?

In the past year the world community, saying only that of gold deposits. Some people were buying gold as a way to hedge, while others hoped for a profit. As a result, after the financial crisis "eternal values" became a kind of lifeline. What here to speak, if the richest people on earth bought tons of gold. Even George Soros, in late 2009, increased its position in one of the gold assets in a few times. He then, however, called the precious metal "absolute bubble." His words were confirmed by economists to warn that the resulting bubble may soon burst. But is it worth listening to all the experts out there, when the result is obvious, investors felt. Price ounces whole in 2010 has grown by leaps and bounds. Early in the year it was $ 1100, and the fall has jumped so that almost every week, beat the record. In early October, the media vociferously declared an ounce of gold reached a record $ 1346, but less than a week, as she rose to $ 1,381.5, and November 9 - up to $ 1,410.10 an ounce. More is coming, say analysts and promise in their forecasts $ 1500 or even $ 2000 per ounce. How can we explain such enormous popularity of gold? Why in the past, investors once again drew attention to the asset and not lose? Depositors are considering gold as an insurance account for market participants, the crisis has taught people to be careful. Recession will happen when the first signs of economic recovery, predicts the managing partner of UFG Wealth Management. The high price of gold is associated with the inclusion of Asia, Latin America and the Middle East into the global economy, and express their point of view of some economists. In fact, the gold price is growing continuously, do not agree with them more over the last decade it has risen more than 4 times. However, the Russians are such arguments do not persuade. To find out how our compatriots are the gold deposits, Bank.ru even conducted a poll. As it turned out, the majority of respondents (63%) or completely indifferent to this kind of contribution, or refer to it negatively. Thus, 41% believe if rumors of a "gold boom" was just overblown. According to the other 23%, gold is a bad investment, because brings low income. Another 24% admitted in the near future they plan to invest in gold. And only 11% of Russians have bought gold from the bank. Bankers, on the contrary, rest assured more favorable contribution to date is not found. "It's hard to disagree with people who think gold is unattractive contribution" - says the poll results deputy head of the Treasury "ROSAVTOBANKa Roman Salnikov. "The reason is simple - he explains - in January this year to date gold prices rose by more than 22%. And because rates on deposits in gold is almost completely corresponds to the percentage change in gold prices, it becomes apparent that the usual contributions can not currently compete with this precious metals. " With gland agrees and deputy president "Investtradebank Svetlana Kroshkin. In her opinion, the high long-term growth of income from investments in these types of metals is obvious. So, gold since early 2004 has risen in price by nearly 1000 rub. per gram, which shows a price increase in 3,5 times. In addition, it is also a limited resource, she notes, gold mining companies predict an almost complete depletion of this resource in the coming decades. "Our bank has been the prevailing trend of growth: investors in precious metals becomes more and more, because this type of investment is not subject to VAT. In this case, it not only allows you to save money from inflation, but also demonstrates the high percentage of return "- says Svetlana Kroshkin. Gold is traditionally viewed as less risky assets than, for example, currency or securities, "- said the situation on the market, Head of exports of precious metals Nomos' Vladimir Volodya. Besides, he adds, is a kind of backup within "other investment instruments. According to Volodya, for the past six months the volume of investments in instruments linked to gold (MLA, bars) in their bank increased by 45%. What will happen tomorrow? Future as a gold deposit is very optimistic, according to market participants. Increase in gold prices will continue, and this is attributed to several factors, I am sure Roman Salnikov. First, the global economy, including Russia, "fever" and until an alternative tool for "perezhidaniya storm" is not visible. Another reason - limited gold: its production is declining, while demand for it remains stable. Gold justifies its status as "safe harbor" agrees Vladimir Volodya. In addition, in his opinion, in the long term it will remain an interesting tool for investment, and the next six months the price will reach up to $ 1500 per ounce. Treasury chief investment officer of OAO AB Finance Bank "Andrei Davydov also believe gold will add significantly to costs. The sharp rise in prices of precious metals have recently worn a few speculative in nature, so in the coming months is not ruled out a correction. However, in the long run for a year and more investments in this asset can bring significant profit forecasts Davydov.