Post
Topic
Board Economics
Re: Gold: I smell a trap
by
ghyze
on 14/09/2011, 10:08:03 UTC
Sorry if this has been said before, I didn't read the entire thread.

@cypherdoc:
I think you're wrong, gold still is a good buy. I'm still buying metals. Here's just a few reasons why:
- Just over a month ago, GS said the price of gold is going to $2500 by the end of this year.
- Everywhere I look I see small companies popping up that buy your old jewelry. That means these people think gold is still an extremely good buy.
- The FED and the ECB are printing lots of money, meaning the euro and the dollar are going down in value.
The book "The Creature from Jekyll Island" explains a lot about the global money system. It's an excellent read, I suggest you pick up a copy...