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Re: gldtimer post# 2259

Wednesday, 01/06/2016 12:03:02 AM

Wednesday, January 06, 2016 12:03:02 AM

Post# of 4668
50k! Wow....,the gold bugs keep saying now is the time to buy. I really can't see gold dipping below a fine Italian suit per ounce. However I could be wrong. I just don't trust the dollar anymore. It may be the only game in town in terms of a viable currency and that's not a real vote of confidence in my opinion. At some point, as we all know, this deflationary spiral will have to reverse course. And then of course conditions will be favorable for gold.
But who knows what kind of social instability that will bring in to have those favorable conditions for gold.
In the meantime, I'll buy my suits at men's wearhouse.

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