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gold has gone from 300 an ounce to 1200 an ounce in 10 years, Does that smell like a bubble or at least a an overvaluation to anyone else. Especially when you consider that gold always shoots up in times of uncertainty in the dollar, it is pretty clear that if.when the dollar and euro stabilize gold prices will plummet. I have even heard that many european economies are considering selling some of their gold reserves to ballance budgets, that would certainly cause a dip as well
When everyone says the price has nowhere to go but up............... get the hell out. Gold investment at these levels is for the fools. Gold itself has no intrinsic value.
gold has gone from 300 an ounce to 1200 an ounce in 10 years, Does that smell like a bubble or at least a an overvaluation to anyone else. Especially when you consider that gold always shoots up in times of uncertainty in the dollar, it is pretty clear that if.when the dollar and euro stabilize gold prices will plummet. I have even heard that many european economies are considering selling some of their gold reserves to ballance budgets, that would certainly cause a dip as well
durhamdf 9 months ago
$1120/oz? I wish I could pick me up some of that.
jjsjeffjjsjeff 1 year ago
@johnshantz
You have no idea with what's doing ya?
eatandtravel 1 year ago
This is not 1980. Get out of the dollar!
EMPIRE0FLIES 1 year ago
GLD makes it possible to short gold and that's why i hate it.
and well, we can't do nothing about gold mining stocks.
TheLiberalssuckdick 2 years ago
When everyone says the price has nowhere to go but up............... get the hell out. Gold investment at these levels is for the fools. Gold itself has no intrinsic value.
johnshantz 2 years ago
@planetcave if only you knew the truth about gold. it isn't over. the USD is doomed. go collect some new data.
tmac9938 2 years ago
I agree! Can you please keep this to yourself until I finally fill my gold short position. Thanks
Illuminated7 2 years ago
ho comprato 120000 euro in USD al prezzo 1.3910,arriverá il USD nuovamente a questto prezzo?
franco0039 2 years ago
check my prediction in video response.. and check date of prediction... comments welcome!
mustfarhan 2 years ago