Gold may rise because of its ``growing role as an alternative asset,'' said William O'Neill, a partner at commodity researcher Logic Advisors LLC in Upper Saddle River, New Jersey. ``The commodity demand cycle has a long way to go,'' said O'Neill, who forecast gold will reach $650 within weeks.
q]Metals aren't really going up - the purchase power of our salaries and savings are going down. >>
I assume you think your flat money is where it's at.......PM's have just started it's a long race, come back in let's say 2009/2010 and you guy will be saying the same thing with Gold over a grand and the dollar worth nothing but you have more because no one wants them anymore.
Now lets see I've averaged since 1999 with $260 gold and it hasn't gone up. Boy do I wish I had stuck that money in my saving account or maybe I put it in the stock market just to lose half and am now about where I was in 2000. Nothing buy and hold forever and it's all when you came into the maket I came out of the stock maket some to get into PM's.
Comments
A nickel probably costs more than 5c to make now!
Inflation
Silver +.42 cent
Gold $8.90
<< <i>Copper is doing even better! >>
I have been collecting all kinds of copper for the past year. I think this going to be the metal to watch.
Freak
...
I assume you think your flat money is where it's at.......PM's have just started it's a long race, come back in let's say 2009/2010 and you guy will be saying the same thing with Gold over a grand and the dollar worth nothing but you have more because no one wants them anymore.
Now lets see I've averaged since 1999 with $260 gold and it hasn't gone up. Boy do I wish I had stuck that money in my saving account or maybe I put it in the stock market just to lose half and am now about where I was in 2000. Nothing buy and hold forever and it's all when you came into the maket I came out of the stock maket some to get into PM's.
Coin's for sale/trade.
Tom Pilitowski
US Rare Coin Investments
800-624-1870
You mean there's no confidence in that printing press at this time or confidence that this government will be able to pay that debt?
What a surprise
Coin's for sale/trade.
Tom Pilitowski
US Rare Coin Investments
800-624-1870
roadrunner