Quote:
Originally Posted by maxxtro
When CNBC says gold will hit $5 000 you know it`s gonna crash for sure
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Well, the
value of gold hasn't really gone up over the last 50 years. It's the value of the goods (the USD, EUR,...) you are expressing the
price of gold in that is going down. So, while speculation can be blamed for the small fluctuations in price, there is no intrinsic danger to the value of gold going down (crashing). If this whole thing should teach us one thing it is that the USD is crashing.