Comments on: The Five Reasons Gold Will Hit $5,000

By: Minoamike

Minoamike — Mon, 26 Mar 2012 14:26:53 +0000

Sorry guys, but I'm selling all my gold and holding my silver coins. I'm going to enjoy the money now while I can. New election coming you know.

By: brian

brian — Wed, 14 Mar 2012 19:33:53 +0000

OK OK I will buy some gold hide it in the ground . Its a wonderfull world !

By: EdJanowsky

EdJanowsky — Thu, 01 Mar 2012 17:21:43 +0000

Today is March 1, 2012. Gold right now is $1718 and silver is $35.06 so Tom you were a little off on your $800 gold for eight years prediction!

By: Yan vanDooren

Yan vanDooren — Sat, 21 Jan 2012 16:58:49 +0000

Today saturday 21January2012 a lot of these comments seem silly or wise. Nobody can predict the future accurately but smart girls and guys can observe trends. Gold is certainly more valuable than paper fiat money backed only by fuzzy promises made by weak and corrupt politicians.
I bet on a further increase of gold from 1600$ per ounce this week to more than 2000$ this year 2012. More will be a bonus and less will be a slight disappointment.

By: making plenty of money

making plenty of money — Fri, 14 Oct 2011 12:13:18 +0000

hahaha WRONG

By: jase

jase — Tue, 23 Aug 2011 00:59:30 +0000

haha really?

By: Charlie

Charlie — Mon, 18 Apr 2011 04:02:45 +0000

Wealth of knowledge, thanks for the good read!

By: fred

fred — Sat, 19 Mar 2011 15:30:35 +0000

I have looked at the past….and no not 20 years back but more then that ,roam, France, Germany, and yes early America. history repeats it's self that is true. in all these places gold/silver were money, they were devalued by way of adding more copper to the coin or printing more fait currencies causing the buying power to drop, and as a side effect, inflation what has always happened. with every situation is this…..every one realizes the fait currencies is simply a counterfeit produced by a failing government, being that.. currencies or diluted gold/silver coins are based on gold it's self .even so to day (fractional reserve banking)the us fed still backs the dollar with gold but it's a minuscule amount and is gets diluted every time the government prints more cash, some one signs a loan, some one uses a credit card ex….. even if the us was all taxed 100% and every body had a job, the debt can never be paid back. china and other countries holding treasuries and dollars from America have already shown distrust thus far and china has actually ordered the people of the countries to buy gold/silver up and more then 50% are going back to the gold/silver currencies and they are getting rid of the worthless dollar . all in all in the end every civilization has failed on fait currencies and those who hold the gold/silver are rich…5,000 lol that’s a reasonable number indeed and sounds good, but if we crash the dollar and the world goes in to a depression…well I don’t measure any investment in dollar because it lies, so this is what i think will happen to the (value) of gold……like in Germany when they printed 1 to many marks and they imploded,1 oz of gold could buy an entire city block, those who have dollar fixed debts will be able to pay them off in a heart beat like nothing. and for your gold being taken??? its more like a buy back and who better to sell your investment off to when it bobbles then the government. So i don’t think 5,000 counterfeit dollars is out there to think will be a new value and i also think one day silver will be the same value as gold because it actually is….all i have to say to any one here thinking about investing. remember this… if you save 100 dollars in ten years it will only be able to buy 50 dollars worth of stuff due to inflation under normal circumstances (not hyper inflation) but if you take just your savings(100) and buy gold or silver (the actual coin or bar in hand) your value will still be able to buy 100 dollars worth of stuff and leave you with another 250 to play around with. 5,000 like in Germany wont even be able to buy you a loaf of bread if we hyper inflate and gold always stays up with inflation soo all your dollar fixed loans and such will evaporate when you sell some of your gold of silver to pay them off. Keep an eye on silver though because it is under a false value right now because of it being sold on paper and it shows 2 times more silver then is really out there and just wait until other governments buy up silver so go out and get a few 100 silver oz eagles and maybe 5 or six gold eagles and hold on for the ride..

By: Robert Van Etten

Robert Van Etten — Mon, 07 Mar 2011 18:26:47 +0000

R.C.V. here. My question is this. What happens when our economy causes us to sell off our sae haven of gold and silver? What will this do to the price of precious metals? I'm only thinking out loud but that is why we aquired them for when times get tuff. Thanks R.C.V.

By: tom

tom — Sat, 22 Jan 2011 04:14:10 +0000

Gold will decline back to $800.00 per ounce by june of 2011, and sit at this price for 8 years.