Gold will shine in coming months thanks to QE3, strategists say, with Deutsche Bank predicting...

This news story has 9 comments:

Register or Login to rate comments »

youngman442002 Comments (4982)
 
spike in interest rates...can´t happen..won´t happen...because then the USA will be broke...and the ratings will go to CCC-......and its all over....and if you are just chasing returns at that time..you are an idiot
18 Sep 2012, 03:42 PM Reply Like

Hobski Comments (31)
 
News to BofA. A spike in real interest rates will annihilate most, if not all, asset classes. Especially given the current negative level of real interest rates.
18 Sep 2012, 03:48 PM Reply Like

Director one Comments (50)
 
Gold may spike alright but it wiil be when the US makes it illegal to own. That spike will be straight down.
18 Sep 2012, 04:46 PM Reply Like

alan.greenscam Comments (354)
 
lol, ya ya, sure sure, I'll tell ya, if gold starts heading to $2000.00 or above, you won't have to worry anymore because there won't be any world economy...... the whole world is on fiat money, not on gold....
you devalue the dollar anymore, think world collapse, gold will be worth the same as lead....... you best think about that lol !!
18 Sep 2012, 04:54 PM Reply Like

todd.kaime Comments (93)
 
I thought gold was supposed to be a hedge against that. Now I can just make bullets out of my gold coins?
18 Sep 2012, 11:59 PM Reply Like

MyHusbandsWife Comments (23)
 
Forget the Hurt Locker, we're in the ZIRP locker! It won't end well, no matter what.
18 Sep 2012, 11:56 PM Reply Like

Dividending Comments (37)
 
Gold should rise in an typical oscillating trend up and interest rates should not..... for the time being. Play the bounce but keep your hand on a chair for when the music stops, it will stop!
19 Sep 2012, 12:48 AM Reply Like

User 353732 Comments (3926)
 
Gold has been resetting its exchange rate versus the fiat dollar for 2 generations now. As the dollar keeps losing purchasing power all foundational resources and real monies, including gold, seem to move "up" because of the illusion of relative motion. The move is never smooth or continuous.
Of course gold is merely preserving its purchasing power .

It is the Dollar, Euro, Pound and Yen that are in fact moving down. They will keep doing so until they are extinct.

All fiat currencies are transient and over its life a polity will issue multiple fiat currencies , even if the name does not change( fiat pesos are replaced by fiat new pesos).
We are all Argentines now.
19 Sep 2012, 05:26 AM Reply Like

Richway Comments (22)
 
The latest Tulip Mania Bubble is about to burst.....
19 Sep 2012, 12:11 PM Reply Like