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<p>[QUOTE="fretboard, post: 686649, member: 19765"]Sure ppl buy gold in these times as a hedge but it's hardly a gamble. If someone just runs out and spends their rent money on gold then that may be a gamble. I sure don't see ppl buying gold that way. Oh another thing is this economy is the worst I've seen ever and I don't think I am alone.</p><p><br /></p><p>As far as gold waning as always, I wouldn't be too concerned about that at all. The opportunity in China for regular citizens to buy gold is what's pumped up the demand and price. Also the fact that just last week Obama was quoted as saying <b><font size="3">"U.S. still faces complex economic crisis"</font></b></p><p><br /></p><p>I think gold still has a ways to climb like maybe to $1200 by March 2010. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie8" alt=":D" unselectable="on" unselectable="on" /> Some ppl think it will reach that in Dec 09, we will see.</p><p><br /></p><p>Just click the pic[/QUOTE]</p><p><br /></p>
[QUOTE="fretboard, post: 686649, member: 19765"]Sure ppl buy gold in these times as a hedge but it's hardly a gamble. If someone just runs out and spends their rent money on gold then that may be a gamble. I sure don't see ppl buying gold that way. Oh another thing is this economy is the worst I've seen ever and I don't think I am alone. As far as gold waning as always, I wouldn't be too concerned about that at all. The opportunity in China for regular citizens to buy gold is what's pumped up the demand and price. Also the fact that just last week Obama was quoted as saying [B][SIZE=3]"U.S. still faces complex economic crisis"[/SIZE][/B] I think gold still has a ways to climb like maybe to $1200 by March 2010. :D Some ppl think it will reach that in Dec 09, we will see. Just click the pic[/QUOTE]
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