For those of you who are thinking of selling your gold......................

[Ivan]

....................don't!!!!!!!!!! Gold will be at $2000.00 oz by 2015. If you think we have hard times now.......you ain't seen nothing yet. Wait until all this "funny money" bailout cash, comes back home to roost and people realize that paper money is just a government's worthless promissory note. Keep your silver and gold!! Obama promised the American people there would be "change" .......and he's true to that promise. Pretty soon the only money Americans will have is the "change" in their pockets!!! Why do you think everyone want's to buy your gold....are they in a hurry to buy it from you before it goes ...down in price????? Don't sell your silver of gold.....keep all of it. This ain't the time to sell.

 

[antibeous]

I was barking the same thing at my TV last night during one of those " these enormous prices on gold wont last forever" everything is free and there is no risk to you gold buying scams that come on TV late at night.

Im with ya

 

[trkdrvr36]

An economist said last week on the AM radio(george noory's show) that in five years the economy will be goin gangbusters ,but everything will cost twice as much. So keep on buying gold and silver we're gonna need it. JMO

 

[utahshovelhead]

I say sell your gold and buy rental property. Everybody needs a place to live but not many folks are building more apartments right now. Here is the problem with gold. It NEVER gets used up. it just keeps being dug up and when you cant use it in that form any more it gets salvaged and turned into something else. Unlike gasoline or other products that are in a sense eaten away and gone forever gold tends to last forever and when the fever is over there will be lots of new gold mines and lots of coins sitting in peoples safes...but you cant eat it all you can do is sell it. As long as China keeps growing the gold price may go up but when the gold in storage comes on the market then just like the 80s the price will dramatically falter.
Why rental property...Rents will increase as less investors are able to meet requirements to build more apartments...the demand for rentals grows with every new generation of graduates...your payment will stay the same and even if inflation hits the rents will also change with inflation. The value of these properties will increase as less of them are built and less people will sell them and less people will qualify for them.

I am open to any reply on this...