Gold down to 678, has it crested???

[Bottomfeeder]

Wonder whats next for the yellow metal.

 

[Steve and Bia]

n/t

 

[Gulf Hunter]

Why do you say that Steve? I think maybe we're just in a little valley on the way back up. As long as gas is high, so goes the gold, but I guess we'll see.

 

[Steve and Bia]

It was those Treasury Bills !! Selling money for less than face value! Our government does some odd things!

When the Fed's Bernanke report comes out in June we'll se what happens. If Oil goes down and economic growth drops to 3% or below, and interests rates stay the same, then people will have less fear of inflation and precious metals will drop. That is what's expected but there are others who predict the opposite.

Yawwwn...

If gas was $10 a gallon would you buy it?

Companies can refuse to buy gold at these high rates. It looks good to us it doesn't mean we'll get the market value!

 

[MaineDigger]

Yes, I'd buy it....to fill my moped. My car would be reserved for blizzards.

 

[Goldringer]

Glad to see it drop. When gold goes up it just means the old US dollar is worth less. I have more dollars than gold.

 

[Ron Lord]

Hi ,you peaple are looking at this in a bad way.The Gold that you found in Jan.,Feb.,and March is now worth twice as much as it was then.As for me my 384 Grams. is now worth $5000.00

 

[Ron Lord]

n/t