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DeepTech

Gold hit $760.00 today....................

I

Ivan

New member
..............it is heading for $1000.00 !!! Keep all you've got ...don't sell any now, a terrorist attack or an attack on Iran will push it to between, $1500.00 to $2000.00. Boy have things changed ,5 yrs ago when I wanted to buy an U.S. dollar it cost me $1.60 Canadian. Today Americans have to pay $1.02 US for a Canadian dollar and it looks like it will soon be $1.05 US for a Canuck buck??? Who cares; paper money is a fraud......save your silver and gold. ( Real Money)
 
Yup dollars are down in relation to other currencies so it makes sense that it takes more of them to buy gold today. Between inflation and the US dollar hitting all time lows gold really isn't gaining that much. Again, it just takes more dollars to buy it. Is it a good long term investment? Maybe yes, more likely no.

Tom
 
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