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<p>[QUOTE=&quot;Prestoninanus, post: 719046, member: 20205&quot;]Gold has been rising steadily for the past 10 years or so. There&#039;s no reason for this not to continue given the eventual, inevitable demise of the dollar as the world&#039;s reserve currency and the idiotic Federal Reserve policy of Quantative Easing. Its true that Gold has been high before in 1980 before crashing back down to earth, but that was because Reagan came in, slashed taxes and encouraged growth instead of merely increasing the money supply. Can you honestly say the same thing happening with Obama and his policy of solving the problem by keeping the money printing presses rolling night and day?</p><p>&nbsp;I think we&#039;ve only seen the begining of the rapid inflation that is going to eat into the value of any cash savings one might have. By all means hedge your bets by buying bonds and having some cash savings, but everyone would be wise to own at least some gold right now..[/QUOTE]</p><p><br /></p>

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