Message:

<p>[QUOTE=&quot;fools_gold, post: 944734, member: 20669&quot;]Although I agree with your assessment regarding the printing of money, and I too have been saying the same thing for quite some time, quite frankly, at this point, all this printing hasn&#039;t done all that much to the price of gold.</p><p><br /></p><p>Not being an economist myself, I&#039;m not entirely understanding the whole picture nor will I ever will, but all the shouting about debasing the USD (although could very well be true) just has not seem to affect gold the way I thought it would.</p><p><br /></p><p>And what I mean by that is, there are times when gold dips. We saw it the last 2 weeks. It hit around $1260&#039;ish and dropped below $1200. You would think that gold would never drop this way with the amount of printing the Federal Reserve is doing.</p><p><br /></p><p>Think of it this way, everyone screams dollar debasement, and let&#039;s say hypothetically gold drops to $1,000 and silver to $14. I&#039;d have to really reconsider the entire argument and the fundamentals of well, everything!![/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