Goldman Sachs are gold bulls. They predict the price of gold may go to $1,350 an ounce within the next year. They also believe that interest rates will not be raised until 2012. Given how easy it is for private investors to buy physical gold it seems wise to act on Goldman Sachs’ prediction.

It’s common sense to put a portion of your savings into gold at the moment. Especially if Goldman Sachs’ prediction of no interest rate increases until 2012 comes true. This is a fabulous opportunity for you to protect the purchasing power of your savings. The relationship between low interest rates and money supply have serious implications down the line. Even if you are not as bullish as some of the more optimistic gold bulls out there, you should take Goldman Sachs’ prediction seriously. Remember, you can easily buy gold online and save a lot of money on commissions.