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Old April 19th, 2009, 09:42 AM   #13
3-foot
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Quote:
Originally Posted by clint357 View Post
People want your gold right now because people are willing to part with it for next to nothing due to the poor economy. I see the dollar going back up more in value than gold. Gold is pretty high right now, and the dollar is low right now. You want to buy gold when the dollar is worth a lot and gold is low. Buy gold now=future fail.

http://www.goldprice.org/gold-price-...ear_gold_price
http://www.marketoracle.co.uk/Article5911.html
Unless you think that inflation will cause the dollar to continue to get weaker.

Inflation tends to happen when the fed buys their own debt by printing money.
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