Quote:
Originally Posted by Ethersync
You can not look at gold as a normal commodity. There is nothing fake about it. When fiat currencies begin to lose trust people often put their money in gold. People have done so for thousands of years and will continue to do so.
I would not be surprised to see gold hit around $5,000 an ounce, the DOW hit around 5,000 AND the /DX to be over 100.
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Yep and in other Countries it had no value at all...they gave it away. If you can't trade gold, if nobody will give you money or gold for your notes because everyone is trying to trade them in - it has no value.
People are buying stocks, not gold...