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re: Gold: It's basically f'd

Posted on 2/25/11 at 10:45 am to
Posted by John Merlyn
Member since Oct 2009
2203 posts
Posted on 2/25/11 at 10:45 am to
I recently travelled to Toronto and my cabby was asking me if I thought Gold was a good investment.



I'll get short at the appropriate time.
Posted by Tim
Texas
Member since Jan 2005
7061 posts
Posted on 2/25/11 at 10:48 am to
as the dollar continues to devalue, gold and silver will go up in price...is there a ceiling? who knows, i think we are far from it...$1500 an ounce gold will seem like a bargain in the future, much like $50 an ounce silver will...you can flame and say it will never happen, however, the dollar will crash, and a lot sooner than a decade from now
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