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Gold - Is $1900.00 the New Normal?
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<p>[QUOTE="terky, post: 8389294, member: 114225"]I believe gold will trend up slowly over at least within the next 12 months, there will be fits and dips but the trend will be upward. I also think $2300/oz by November is plausible (but my opinion like everyone else is pretty useless). If inflation maintains at 8% then you know your $100 bill will buy you $92 in goods a year from now. Ask yourselves this question > which choice is more likely to at least hold its value, and has the potential to yield you up to 30% in gains? Cash money is guaranteed to lose buying power, not maybe but positively. Gold on the other hand seems to be the choice.[/QUOTE]</p><p><br /></p>
[QUOTE="terky, post: 8389294, member: 114225"]I believe gold will trend up slowly over at least within the next 12 months, there will be fits and dips but the trend will be upward. I also think $2300/oz by November is plausible (but my opinion like everyone else is pretty useless). If inflation maintains at 8% then you know your $100 bill will buy you $92 in goods a year from now. Ask yourselves this question > which choice is more likely to at least hold its value, and has the potential to yield you up to 30% in gains? Cash money is guaranteed to lose buying power, not maybe but positively. Gold on the other hand seems to be the choice.[/QUOTE]
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