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Les Grossman · 11-03-2009, 05:24 PM

I spent around 20k on gold back when it was in the $600 range, and fully expect to to see $1500 and possibly even $2000 within 12 - 24 months. Silver has made a killing for me as well.

Buying gold NOW is still not a bad idea, as it is going to rise. You may see a temporary drop here and there but overall, it's going up.

Having said that, the United States may see a TEMPORARY recover and then completely fall on it's face, unless the Fed raises rates, and now. They also are not fixing the root of the banking crisis, and throwing money at it will not fix the problem. Can you believe a 3rd bailout is being discussed, even though the 2nd one has not been fully distributed yet? This is complete insanity, and will eventually bring a total collapse of the US system. I believe that is what needs to happen. Let the failures fail and rebuild with winners. There is no other way.

11-03-2009, 05:24 PM
Les Grossman So Fucking Banned Join Date: Sep 2009 Location: On your last nerve Posts: 1,012	I spent around 20k on gold back when it was in the $600 range, and fully expect to to see $1500 and possibly even $2000 within 12 - 24 months. Silver has made a killing for me as well. Buying gold NOW is still not a bad idea, as it is going to rise. You may see a temporary drop here and there but overall, it's going up. Having said that, the United States may see a TEMPORARY recover and then completely fall on it's face, unless the Fed raises rates, and now. They also are not fixing the root of the banking crisis, and throwing money at it will not fix the problem. Can you believe a 3rd bailout is being discussed, even though the 2nd one has not been fully distributed yet? This is complete insanity, and will eventually bring a total collapse of the US system. I believe that is what needs to happen. Let the failures fail and rebuild with winners. There is no other way.