Quote:
Originally Posted by woj
Of course it's a bubble, the only reason it's so high now is because of the poor economy in the world... economy will eventually recover and gold will plummet...  |
Thats not actually true........ the US and other countries could print another trillion dollars tommorrow, and it could help the global economy boom but the massive increase in money printing means over supply of dollars which is in turn debasement of the currency and therefore bullish for gold.