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Message:: [QUOTE="Tinpot, post: 1783321, member: 35836"]No one knows for sure what is going to happen so I'm not saying I'm right for sure, but I'm pretty confident.  Yes gold has been going up for over a decade but it has only had reasonable gains on a yearly basis, typically when a bubble is nearly ready to pop you will see huge gains, 50 or a 100% or more for a year would be a much clearer signal for a bubble rather than a consistent 10-20%.  I believe the U.S. economy is actually in recession, the reason I believe that but the government numbers don't state it is because of increases in population and inflation. At best though in reality we are going nowhere, neither up or down.  If interest rates rise how is the U.S. debt going to be sustainable? It's already at nearly 17 trillion, if interest rates rose significantly that number would spiral out of control and pretty soon all the income the U.S. govt has wouldn't even cover the interest payments on the debt.  Gold is a good indicator of just how weak the dollar is. It's not an exact measure but it certainly gives you an idea. 100 years ago Gold was $20 an ounce, now its $1400. Has gold really gone up 7,000% ? Well in dollar terms it has, but in actual purchasing power its probably quite similar to what it was in 1913.  That gives you a very good idea of just how much affect inflation has over a long period of time.[/QUOTE]