GOLD 0.51% $1,391.7 gold futures

Gold has value because of US debt , US debt is still there, it...

  1. 104 Posts.
    Gold has value because of US debt , US debt is still there, it not going no where in future, so Gold is not going down much, as i undertstand one force want it 1000 and other 2000. I think , it would not go to 1000 nor 2000, in near future it would settle around 1500 and both parties would happy. Gold has only one fundamental it is US debt. It has nothing to do with economic growth, as US Start Reducing DEbt and has plan to reduce it, i would not buy any gold stock even with high margin, untill my sentiment Gold is buy
 
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