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<p>[QUOTE=&quot;eddiespin, post: 24850525, member: 4920&quot;]I think it&#039;ll go higher, but that&#039;s due to the hype. These are talking points driving this commodity up. Fear of inflation, it&#039;s a &quot;hedge.&quot; Fear of economic collapse. Then what do we do, but buy buy buy? Fear. It sells. But the reality is, gold, like any commodity, has value only when people <i>want </i>it. And when I fear economic unrest, I&#039;m investing in such things as bottled water, before I&#039;m investing in any precious metals. I want my 5 gallons of gasoline, before I want your gold bar.</p><p><br /></p><p>The bottom line, the currency goes haywire, economy implodes, there goes the show. I don&#039;t want my cash in precious metals or gems, I want it in utilitarian things we want and need. I know, I know, swap it for the inflated cash nobody wants. If that&#039;s the plan, I&#039;m in mutual funds, which is killing gold, and always has.</p><p><br /></p><p>So to me, it&#039;s a poor investment. Having said that, I&#039;ll take a shot, it tops off next year at around $2200, I&#039;m thinking.[/QUOTE]</p><p><br /></p>

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