Roberm73

Four Reasons Why Gold's a Slam Dunk Investment

In the short run gold will decrease as demand for jewerly, cars (used in catalyic converters), computers, and other non-necessary items is decressed. Long term we may never see gold at $80 again. Long term it should move higher for the reasons outlined, risk of geopolictial events continues to increase (One reason is protectionism, cause less trade equals more conflicts, you dont bomb your trading partners unless you have a override reason like religion). Terrorism is not going to shrink till we deal with the poverty and mid east issues, Inflation is clearly above where it needs to be and Bernake does not care about it.
Risk of a major issues in the finacial markets could drive people to safe heavens of physical gold.
So before you call each other names consider the long run before you place bets on either side. And anyone with one investment (Stocks or gold is looking to be burned by the black swan)