Au/Gold keeps dropping

[Cannonball996]

I have not traded gold in a while, and I am not sure buying any commodities with US dollars would be a good position right now. you would probably fair better if you bought with eros

[Zeke]

Originally Posted by Cannonball996

I have not traded gold in a while, and I am not sure buying any commodities with US dollars would be a good position right now. you would probably fair better if you bought with eros

I think I'd rather fare better. The hell with being fair.

[imcarthur]

But aren't the USD money printing presses glowing red hot by now?

Ian

[on2wheels52]

Originally Posted by Zeke

I think I'd rather fare better. The hell with being fair.

It was probably from sent from one of those new cell phone things. They won't be around long.
Jim

[recycled sixtie]

Originally Posted by imcarthur

But aren't the USD money printing presses glowing red hot by now?

Ian

Yes the Fed is printing like crazy. I think that it is all relative. The US econ. is doing better than many countries especially some European countries. Whenever I buy gold mutual funds, they have gone down. I never use to lose buying gold bars. As Warren Buffett would say, if I dont understand it , I don't get involved. I think gold has almost come to that point. Not as bad as Facebook though. Proceed with caution, invest. advisors say expect volatility. Diversify and cash is king(when was it never king?). It is has become a crazier world!