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  • The End of Gold, Part Two [View article]
    This author appears to believe that prices will fall forever. The US government certainly won't permit an unlimited fall in prices because it would not be able to service its debt. Watch what happens to gold when the Federal reserve starts buying long-term US debt in mass amounts. There is no more inflationary action that the Fed can take. When they do this, gold will skyrocket.
    Feb 02 18:56 pm |Rating: +1 -1 |Link to Comment
  • Why Oil and Gold Are Headed Much Higher [View article]
    Capital Pains,

    40 years ago, gold was $35 / oz. It is now $800 / oz (average of 8% / year gain). Perhaps you've been hearing about the gold price having boundless upward potential because it actually has boundless potential. In reality of coarse, it is just the dollar that has boundless debasement potential.
    Oct 19 23:41 pm |Rating: 0 0 |Link to Comment
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