Gold is now a bad investment.

[Garcia Bronco]

It's over bought and over priced and the bubble will burst.

Carry on.

[Bob]

It's over bought and over priced and the bubble will burst.

Carry on.

Where are we today anyway? I dont doubt we will pull back a few times, as it goes upward but the trend will be up until we get spending under control. Do we have spending under control? Nope.

[Rohirrim]

When I first read this I thought it said "Golf is now a bad investment."

[SPfloppy]

Golf is a bad investment? Yep that pretty much sums it up for my game. and yet I play anyway? Hmm an analogy of today's US

[loborugger]

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.

[SPfloppy]

The gold standard...on of these days someone in this nation within the Treasury dept will realize what it means

[Garcia Bronco]

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.

[watermock]

this is a false rally in stocks.

The market will test 6000 again.

[Garcia Bronco]

this is a false rally in stocks.

The market will test 6000 again.

A rally is something that happens over a short period of time which I woudl call a month. We've had over a quarter. It can go down at any time. But I think we are past the point of a "rally"

[watermock]

Alot of ARMs reset next month in commercial paper,AND resdential.

[loborugger]

I think Gold will go back down.

What do you think it will get down to?

And what do you base that on?

[Arkie]

I think the dow had a six month rally that topped at 9830.

[mhgaffney]

the gold bubble?

You must be an idiot.

[baja]

It's over bought and over priced and the bubble will burst.

Carry on.

Boy are you in for a surprise in the near future.

[Rohirrim]

Read about all the nations that are ready to dump the dollar and switch to gold. I'm guessing gold goes through the roof. Wish I had some money to buy some.