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Gold

By: Decomposed in ROUND | Recommend this post (0)
Fri, 01 Jun 12 10:47 PM | 33 view(s)
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Gold is now up about $75 from where it was this morning. Wow...

I'm glad I was optimistic about gold when I responded to meme yesterday!

It seems that when there is trouble in Europe or the U.S., frightened investors first seek the other economy's currency. When THAT region has trouble too, gold becomes the investment of choice.

There's going to be a lot more of this over the next 24 months. I'm now short-term optimistic about gold for the first time since last fall. I think a new high (which means $1,950) is likely in a matter of weeks.
 


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Gold is $1,581/oz today. When it hits $2,000, it will be up 26.5%. Let's see how long that takes. - De 3/11/2013 - ANSWER: 7 Years, 5 Months


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