Thread: Gold
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skinnerd skinnerd is offline
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Location: Hayden, ID
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Gold is one of those things over the long run will always go up I think.

Unlike diamonds which deBeers artificially dribbles on to the market, there is not a whole lot of gold left to mine.
It is still an incredibly popular thing to purchase in Asia.
Last time I looked, they have the dominant population mass on this planet.

I've been buying & selling it for the past 15 years when it was down in the $200's.
Now that gold tonight crossed $1023....I will continue to do the same.
I have been retired since I was 51, partly due to the great performance of gold over the long haul.

Sure it's had it's ups and downs....just like some markets we all know about.

I really don't see things improving very quickly in the US no matter what the politicians and media say.
One day the all mighty US dollar will no longer be the currency of choice around the world....believe it or not.
When that happens, the dollar will crash and gold will go to heights likely unimaginable by most.

That's what I think.
But of course, it is only my opinion.

Have a great day.
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