Gold Falling webcomic

Falling Gold Prices

This editorial comic strip panel shows the price of gold bullion dropping like, well, like a ton of gold ingots.

The drawing was published in the binary options news of April 16, 2013 via OptionsClick and features black, white and golden colors. At the time, the price of gold had dropped 10% in a single day, and 13% over a two day trading period.

This was the steepest such single day drop for the price of the precious metal since 1983, a record that held for 30 years.

Gold binary options asset types

Gold and more popular binary options asset types

Gold is an asset which every single binary options trader should be watching - whether you want to trade in it or not. At this point, the value of gold has never been higher since a few years, and there’s a good reason.

Most people don’t realize how dependent we are as a society on gold. The good binary options trader will realize that this doesn’t just mean gold jewelry or even bullion, but as part of components in computers and telecommunications, as well as in research and development.

Gold is a huge asset in technology which cannot be overlooked. Every single computer and portable device usually uses a little bit of gold inside as part of their makeup and the binary options trader will be looking at technology companies to watch the intricate movements of the price of gold.

There aren’t many binary options traders who don’t pay attention to the price line of gold.

Why binary options trading gold assets for 2012 is a smart move

Up Up and AUway

Virtually everyone in the industry is making predictions that gold prices will rise in 2012. Obviously, no one can offer a prediction that is set in stone. But, trading gold is a very appealing asset for binary options trading - and with good reason. This solid prediction allows the savvy person who wants to trade gold binary options to look into pushing for High, One Touch and Range predictions with their binary options. While it's never possible to look into a crystal ball and to know what will be for the year ahead, it's certainly helpful to know that almost all economists and analysts are making this prediction for 2012. And this makes the choices of focusing on gold as the asset for trading binary options a very appealing one as people set out to look into their choices for the year ahead.

Popular commodities traded with binary options

Gold bars are an investment vehicle

The binary options trading process is one that has gained a great deal of popularity as of late - and for good reason. Many people enjoy that it is a very straight-forward way of investing. Everything is in front of the investor and there aren't any hidden secrets about what you can make if your prediction is correct or what will happen if you select one choice over another. When you make your decision about the asset, the time frame, the investment amount you want to make and the prediction about the asset, you'll know exactly how much you stand to gain or lose based on those decisions. And this puts the binary trading investor in the driver's seat, so to speak, and allows you to feel like you're in control of the process. Learn more about the process with binary options so that you can make educated decisions and enjoy this type of investment!

How much gold is there in the world?

When it comes to precious metals, they really are short on supply. Gold, which is not the most scarce of those metals is still defined in personal sizes even when discribing quantities of the world.

There are various estimates of how much gold there is in the world, but most estimates place it at an amount that could be stored in a single medium sized area. One estimate, which states that all the gold in the world would fill up two olympic sized swimming pools  and that article also states that all the platinum in the world would fill up a medium sized living room.

So think about that, the entire world, vs the size of a few pools or even a living room. It is a scarce metal and it never goes bad. Its an interesting investment, or is it an inflated commodity?