GOLD 0.51% $1,391.7 gold futures

Sell for what? and put the money in government fiat currency? no...

  1. 749 Posts.
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    Sell for what? and put the money in government fiat currency? no thanks. You can do that. With negative interest rate on the horizon. The total amount of sick mortgage stress everywhere increasing. So you can hold your "government currency". Don't ask us to sell.

    For me it is time for accumulation not selling. I don't believe in "government money". heavily manipulated and printed over time it is going to be devalued.

    Any pull backs in gold is a buying opportunity.

    We needed to have this pullback it is healthy for the long term run up.

    The basics is plain and simple. Gold is a better currency than government money for me. Once the global markets crash gold will be the top currency. For now I will hold gold as my "currency".

    it is so obvious. what is money these days. Government printing (QE) and causing bubbles. Loans very high across the world. Cash value will be declining.

    Depreciating currencies guys. We have no room for movement. Devaluation is here. Money printing and interest rate reduction is on the horizon. It is wise to have gold for the hedge.
 
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