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Old 09-30-2009, 01:36 PM   #6
Garcia Bronco
Hokie since 1993
 

Join Date: Apr 2001
Location: Denver, CO
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Quote:
Originally Posted by loborugger View Post
I was thinking the same thing, Garcia.

Gold fluctuates with the dollar. Ie, the dollar goes down, gold goes up.

I read that 90+ percent of investors expect the dollar to go down... usually when everyone lines up on side of the issue, it goes the other way.

Now, I dont think Gold is done for good. I think its just overpriced for right now. With the govt cranking out fiat currency by the tons, I think the long term for gold is good.
I think Gold will go back down.
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