People are buying gold because they think it will continue to go up. It is buy which is fueled by speculation rather than fear. Gun purchases are out of fear. Gold has performed well for US dollar holders but has been a disaster for Japanese yen holders
I asked my accounting teacher who knows a lot about gold, and I asked him "Is the bubble going to pop?". He said there is no bubble to begin with, and he is right. People can't afford to buy gold, and the ones with extra money choose to invest in silver (poor man's gold). Overseas investors are the ones buying most of our gold.
no body is buying gold?? WTF are you talking about? ever herd of wedding rings? alot of people are getting married now even homosexuals are marrying two words wedding rings. almost everyone reading this knows someone buying gold by this measure. PS and BTW gold will not fall until interest rates go up. Money goes where money grows. FACT!
I didnt see your post before mine, you are spot on. I tell friends I am buying gold and they dont understand. They are afraid. Hey what can you do but load up. Ill buy their share haha.
another fool, thats gonna lose loads of money for her customers. they'll have another fool in a few weeks probly as well.anything to get people to sell there gold. bears should be called fools or suckers. where's peter schiff, or bob chapman or anyone other than this fool
im a jeweler i have 30,000 grams of gold 1500 im cashing out if there is war in the middle east il wait till 2000 :)
datvsbling 2 years ago
Comment removed
datvsbling 2 years ago
People are buying gold because they think it will continue to go up. It is buy which is fueled by speculation rather than fear. Gun purchases are out of fear. Gold has performed well for US dollar holders but has been a disaster for Japanese yen holders
planetcave 2 years ago
I asked my accounting teacher who knows a lot about gold, and I asked him "Is the bubble going to pop?". He said there is no bubble to begin with, and he is right. People can't afford to buy gold, and the ones with extra money choose to invest in silver (poor man's gold). Overseas investors are the ones buying most of our gold.
zardcat1111 2 years ago
no body is buying gold?? WTF are you talking about? ever herd of wedding rings? alot of people are getting married now even homosexuals are marrying two words wedding rings. almost everyone reading this knows someone buying gold by this measure. PS and BTW gold will not fall until interest rates go up. Money goes where money grows. FACT!
cabtrom 2 years ago
This lady is nuts, all the people runing to the table? I bet not even 5 percent of the US population is buying gold. Highly unlikely.
SamuraiCommando 2 years ago
Fundamentals? Dollar collapse Hyperinflation Money printing ect.... These are fundamentals you stupid be otch.
DaleElder11 2 years ago
hold on to your AU, dont let them scaremonger
Ganbareg 2 years ago
she said everyones running to Gold?, I know not 1 person (besides me) that buys/owns gold, maybe 1 in 200 avererage joes, at the most
chromedreamz 2 years ago
I didnt see your post before mine, you are spot on. I tell friends I am buying gold and they dont understand. They are afraid. Hey what can you do but load up. Ill buy their share haha.
SamuraiCommando 2 years ago
Maybe not physically, but stocks.
zardcat1111 2 years ago
I'm buying now and near term
1beinki 2 years ago
another fool, thats gonna lose loads of money for her customers. they'll have another fool in a few weeks probly as well.anything to get people to sell there gold. bears should be called fools or suckers. where's peter schiff, or bob chapman or anyone other than this fool
681observer 2 years ago