Message:

<p>[QUOTE=&quot;Cloudsweeper99, post: 703750, member: 3011&quot;]I would say it is safe, but nobody can guarantee it.&nbsp; Inflation, perhaps fairly significant inflation, is still in front of us and isn&#039;t being discounted at all by the market [witness the ultra low interest rates].&nbsp; 1980 was a very special case.&nbsp; At the beginning of December, 1979 gold was about $435 and before January, 1980 was over it hit $800 briefly.&nbsp; In this particular gold rise we&#039;ve seen slow and steady increases.&nbsp; If you see gold double in a month, that will probably mark the end of the bull market.&nbsp; If you wait for $900 gold, you might get it and you might never get it.&nbsp; How high do you think it will go?&nbsp; If you think it will go to $1,100 you shouldn&#039;t be buying it anyway.&nbsp; If you think it will go to $3,000, then it won&#039;t matter much whether you pay $900 or $1000.&nbsp; Gold is a very volitile asset class.&nbsp; If you are afraid of &quot;taking a beating&quot; in the short run, and if you buy at $1,000 and can&#039;t sleep at night if it goes to $800, then you shouldn&#039;t buy it in the first place.[/QUOTE]</p><p><br /></p>

Your name or email address:

Do you already have an account?

• No, create an account now.
• Yes, my password is:
• Forgot your password?

Stay logged in