Allah

Moody's, S&P Dole Out Global Downgrades - Time to Go Gold?

Hey Dean, Don't forget the immortal words of WC Fields, 'never smarten up a sucker"

What Is Going On With Gold?

If all the the gold in the world disappeared overnight there would be no adverse affect to anybody. It is just a psychological device as is any currency. To say it is undefeated over 5000 years is meaningless and inaccurate, It will always pop up in times of fear and then in times of normalcy take it's rightful place as a worthless but pretty adornment on females

What Is Going On With Gold?

OK the US fiat currency is backed by an injured economy. Gold on the other hand is backed by a bunch of paranoid crackpots. I might buy some if it looks like it's breaking out but there is no fundamental reason to own this essentially worthless commodity.

Bernanke's Great Lie: The Gold Standard and the Great Depression

Those of you thinking 'this time it's different' with gold prices, just remember that they said the same of internet stocks, real estate and oil. Gold must return to it's historical price trend line.

Enlightening the Gold Bugs

It doesn't matter if there is inflation or deflation, gold has no intrinsic value - it is an anachronism. Gold will make 'unthinkable lows within the decade'

Bernanke's Great Lie: The Gold Standard and the Great Depression

That's a dumb argument - a long term investment in the dollar would be buying treasury bills not holding a 20 dollar bill. Investing $20 in t bills for 108 years would yield enough to buy a suit as well. The gold piece might buy a suit now but that's only because gold is in one of its infrequent price spikes, wait a few years for gold to revert to it's regression line and you'll have shop in Walmart to buy anything with the gold piece.

> I couldn't help thinking about the "20-20 test". You know, the one
> where in 1900 one could take a 20 dollar bill and purchased a fine
> suit and, with a 20 dollar gold piece, do likewise. Fast forward
> to today. Take a 20 dollar bill and see if you can find a decent
> pair of socks for the price, whereas a 20 dollar gold piece STILL
> buys you a fine suit!
>
> Now, where should one put their money? In PHYSICAL Gold and silver,
> period!

Peter Schiff: Outlook for the Gold Market

Sorry Pete, Let it go. Gold is done. You can take all the theories you want but psychology drives markets more than anything and you can't make the herd go where they don't want to no matter how good you think it is for them. Don't diminish you're great recent accomplishments by being such a rigid ideologue.

Dow Will Equal Gold in 2009

I'd like to see gold rise for a few weeks before I dip my toe. If it's really going to be that cataclysmic then waiting for the trend to prove itself should be no problem. But I have my doubts, just based on the price action I wouldn't be surpised to see it follow other commodities in making a severe plunge downward. On a separate note, I actually like all this money printing(as long as we don't carry it too far) in that it dilutes foreign control over our economy and makes China and OPEC countries share our pain. And we should just give the Big 3 the money instead of lend it - but make sure the executives and unions don't pilfer it all.

Coming Inflation To Boost Stocks, Gold

I agree with you on inflation being in force over the next few years and rising values for hard assets. However it will be difficult to predict specifically which assets will be in high demand and you really sacrifice your credibility when you make specific price predictions 3-4 years out.

Eight ETFs to Preserve Your Wealth

you wish patel