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Registered
Join Date: Jun 2000
Location: bottom left corner of the world
Posts: 22,915
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Gold prices.
What are your thoughts regarding gold prices?
A few people, who think of themselves as being in the know, feel it could go up another 50% in three years time. I don't see why because it is not really needed, it's just a way to safe guard against the government printing money and collapses of economies. I kind of see it as the currency of the "world wide bank" and doesn't pay interest, but I accept this is a simplistic view.
The beauty of gold is it doesn't dissapear when you get it wrong - quite unlike the stock market.
I know it's creeping up at the moment, but what rate for the next three to five years in your opinion?
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