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<p>[QUOTE="BNB Analytics, post: 754062, member: 20117"]One word: Fear.</p><p><br /></p><p>We the people are worried as hell.</p><p><br /></p><p>We're learning the painful truth that the dollar is weak (has been) and sadly, won't be getting better.</p><p><br /></p><p>US Govt. Spends spends spends and takes debt debt and more debt from China and other countries.</p><p><br /></p><p>As we saw the bullish rise in '07 begin in Gold, we the people realized that gold may be our safest bet. People are hoarding gold at this current time because they know something's seriously wrong with the dollar and they lost confidence in it a long while back. I believe now it's just a matter of time..</p><p><br /></p><p>I hope you find this argument sound as to why gold is at the price it's at and will continue higher the more people realize the downfall of the U.S dollar compared to other world currencies.</p><p><br /></p><p>Sad realization, buy gold.[/QUOTE]</p><p><br /></p>
[QUOTE="BNB Analytics, post: 754062, member: 20117"]One word: Fear. We the people are worried as hell. We're learning the painful truth that the dollar is weak (has been) and sadly, won't be getting better. US Govt. Spends spends spends and takes debt debt and more debt from China and other countries. As we saw the bullish rise in '07 begin in Gold, we the people realized that gold may be our safest bet. People are hoarding gold at this current time because they know something's seriously wrong with the dollar and they lost confidence in it a long while back. I believe now it's just a matter of time.. I hope you find this argument sound as to why gold is at the price it's at and will continue higher the more people realize the downfall of the U.S dollar compared to other world currencies. Sad realization, buy gold.[/QUOTE]
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