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Gold at $1680.00

Discussion in 'Off Topic Threads' started by PerazziBigBore, Aug 4, 2011.

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  1. PerazziBigBore

    PerazziBigBore TS Member

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    Any predictions..???
     
  2. Catpower

    Catpower Molon Labe TS Supporters

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    I always though that the people advertizing that gold will go to $2-3000 per oz were just spouting off to sell their wares, but now I think they might be right
     
  3. RickN

    RickN Well-Known Member

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    Mike, if we had all bought when you first told us, we would have made at least 50% profit by now. : (
     
  4. sliverbulletexpress

    sliverbulletexpress TS Member

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    I'm all ears Mike. Glad you are doing ok.
     
  5. davetrack

    davetrack TS Member

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    The US Dollar index is 74 and gold is at $1670..

    What will gold be when the dollar drops to 37???

    And this is realistic!!

    Dave
     
  6. grunt

    grunt TS Supporters TS Supporters

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    Dave if that does happen you will see gold over 2 grand an ounce.
     
  7. 635 G

    635 G Well-Known Member

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    Ok-lets say you 've got a Krugerand, & a year or two down the road & our $ is = to monopoly money . You may need a Krugerand, to buy a dozen eggs.

    Phil Berkowitz
     
  8. shannon391

    shannon391 Active Member

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    A dozen might look real good about then.
     
  9. tgs1420

    tgs1420 TS Member

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    Buy more ammo !
     
  10. 221

    221 Banned User Banned TS Supporters

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    If I were a speculator......the higher gold went, the more I'd be worrying. Speculators destroy economies and nations....even them selves.

    Rejoicing over the price of gold is foolish, as it is a signal of our economic health.......if your income has not kept up with gold, the jokes on you as gold has not really increased in value.......no, your currency has dropped, and thats the real issue.

    Theres way too many people an guns on earth for gold to ever be used as currency again. Nope, it's who controls the water and food, with an army to protect it, that wins the speculation game.
     
  11. stokinpls

    stokinpls Well-Known Member

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    I guess jewelry will then all be platinum?
     
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