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<p>[QUOTE="jimij, post: 130500, member: 5475"]Its enough to keep me from buying gold. Although it will probably go up I'm too afraid that a decline is on the horizon. I think the problems with Iran and what's going on in the middle east is a large part of it. This recent climb I think is from Putin's speech the other day about building up their military and increasing their population not to mention his obvious slam of the USA. A lot of uncertainty in the world right now. Plus with the dollar falling and the fact gold is at its highest in over a quarter century I think a lot of people are jumping on the gold bandwagon driving up the price. I fear as it climbs many people will be more reluctant to buy it at such high prices forcing a decline. Although a lot of forcasters are predicting gold to reach as high as $1,000.</p><p><br /></p><p>Amateur analysis so take it with a grain of salt.[/QUOTE]</p><p><br /></p>
[QUOTE="jimij, post: 130500, member: 5475"]Its enough to keep me from buying gold. Although it will probably go up I'm too afraid that a decline is on the horizon. I think the problems with Iran and what's going on in the middle east is a large part of it. This recent climb I think is from Putin's speech the other day about building up their military and increasing their population not to mention his obvious slam of the USA. A lot of uncertainty in the world right now. Plus with the dollar falling and the fact gold is at its highest in over a quarter century I think a lot of people are jumping on the gold bandwagon driving up the price. I fear as it climbs many people will be more reluctant to buy it at such high prices forcing a decline. Although a lot of forcasters are predicting gold to reach as high as $1,000. Amateur analysis so take it with a grain of salt.[/QUOTE]
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