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Originally Posted by woj
Buying gold/silver/etc is pure speculation... There is really no good reason why gold/silver should significanly go up in price for the next 5/10 years... with companies there IS a good reason why price would go up, they innovate, come up with new products, etc, so each year their profits increase and the share prices goes up...
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Well, gold prices now-a-days are generally tied with peoples confidence in the dollar. Gold going up significantly is generally a flight from inflation. Granted you could look at it from a market demend (ie. short term gold prices have been thrown a bit off by a fairly large increase in chinese demand) standpoint but then that really is just speculation like you said.
