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<p>[QUOTE=&quot;Michael K, post: 4385555, member: 78298&quot;]The all time high was 9 years ago $1,917.90.</p><p>So it will have to pass a number of resistance points before it goes to $2000.</p><p>When and if it passes $2000 it will be more because of inflation than any</p><p>consumer or manufacturing demand. We don&#039;t really need gold for anything.</p><p>Since matter can neither be created nor destroyed, old gold can continue to be melted down to make &quot;new&quot; gold. Jewelry, coins, scrap.</p><p>Besides, they are still mining like crazy and digging up more and more gold. The price &quot;should&quot; go down. (If there wasn&#039;t inflation).[/QUOTE]</p><p><br /></p>

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