Thread: News Time To Buy Gold?
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Old 02-11-2016, 11:29 AM  
VikingMan
Exploiting human weakness
 
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Join Date: Jan 2008
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A rush to gold could be very temporary or it could be the time when things are beginning to shift. I would say it is about time. Gold will eventually rise to bizarre levels so even if you are buying now it will be cheap. However you might have to hold it for a while (years) to see those bizarre levels. If gold is ever used to back or partially back any big currencies then it could get in the bizarre range easily.

We are getting closer to the big shift to be fully realized by the average potato head. Ten years from now we won't be able to just go out and make tons of money off of throngs of spoiled mono-lingual fat lazy dumbed down sports score checking consumers who are enabled by tons of easy and cheap credit. Those days are over...almost. So regardless if you are rich or poor you should be mentally and physically preparing for a different type of economy. Going out and buying a new home right now is about the dumbest thing you could do aside from "investing" in some vapid tech stock.
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