Gold hits its highest level since February, +1.4% to $1,731 as QE expectations for next week...

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mickmars Comments (1083)
 
Silly barbarous relic.
7 Sep 2012, 10:02 AM Reply Like

jbassbia Comments (306)
 
and CITI Forecasts $2500 - article link http://bit.ly/MWC1hH
7 Sep 2012, 10:26 AM Reply Like

Whitehawk Comments (2765)
 
Also forecasts stock indexes -20% and EUR/USD ~ 1.1 (C forex analyst). This is a crazy set of predictions.
7 Sep 2012, 04:24 PM Reply Like

htmortimer Comments (61)
 
A silly barbarous relic for some, but in times of excessive credit creation, inflation and deflation it does a pretty good job of protecting the purchasing power of one's assets. It may have gone unnoticed to some, but the purchasing power of dollar assets has declined by over 30%. Check out the performance of gold during the same period. You will see that the number is over 500%.
7 Sep 2012, 11:12 AM Reply Like

friscominermischief Comments (76)
 
In ancient times the Romans held the gold,
not the Barbarian race.
Now the elites cry only Barbarians hold gold,
Run kid!
Fetch me my mace.
8 Sep 2012, 02:35 AM Reply Like

ComputerBlue Comments (216)
 
Everyone is slugging it out to determine who has the worst currency. I'll take gold for a little while..maybe someday I'll have more confidence in the world's decision makers.
7 Sep 2012, 01:02 PM Reply Like

WMARKW Comments (8359)
 
Good luck on the "someday" hope.
7 Sep 2012, 05:16 PM Reply Like

ComputerBlue Comments (216)
 
I hear ya. These things arent sustainable.
7 Sep 2012, 06:51 PM Reply Like