GOLD 0.51% $1,391.7 gold futures

gold $2,000 next year, page-13

  1. 804 Posts.
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    Nadlers Kitco newsletter is worth a read (I'm not sure he is the enemy so much as a more domesticated and less tempermental gold bull if there is such an animal)
    He reports that a poll of gold industry workers see gold about where it is now or maybe down a bit in USD for 2009
    Thats OK - you are still a big winner holding gold in a mint or under the bed or in the ground unless you want to bet on cash, bonds, the sharemarket, or other paper assets.
    IMO -everything else could deflate a lot more.
    And then there is the risk of a financial implosion if not next year then coming to a reserve bank near you soon.
    And then who knows when inflation is going to take off (if ever)
    So buy gold and gold mining shares and just be patient!
 
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