jfoster99

Gold Poised to Move Higher

I agree, It has already been 5,000 years the people have valued this useless gold junk. In just another 5,000 years people will use it for paper weights. But, until then I will store my wealth in Gold.


On Dec 28 10:09 AM otbricki wrote:

>.
>
> Sooner or later people are going to realize that value of gold is
> psychological only, and our past obsession with this metal will be
> regarded as a historical curiosity.

Gold Prices: Little Correlation with Its Utility

Matthew,

You missed the point completly regarding the Beach Front Property. Such an oversight make me question the rest of you logic.

Beach Front Property sells for 10x the value of the same property across the street. Not to mention building on the beach has 10x the risk of loss due to weather.

SPDR Gold Shares ETF Hits Record High Inventory

I for one will Admit I do not understand why the SPDR fund would be at an all time high inventory wise when Gold is not.

I have been reading Articles, blogs and forums (Kitco has a great newbie friendly forum) 1-2 hours per day for the past month. I suspect it may take a few more month before I will understand the significant of such event without help.

In the mean time if anyone would care to lend a hand I am all ears. I don't need it spoon feed. A link to a website or article I could read to quickly get up to speed on the specifics involved here would be greatly appreciated.

In return, once I am knowlegable enough I will share what I know the help the next generation of new investors...