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Liveingreenbay

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Liveingreenbay

Re: Penny59 post# 20298

Tuesday, 02/02/2010 11:52:43 AM

Tuesday, February 02, 2010 11:52:43 AM

Post# of 233377
Very true...I'm seeing all kinds of predictions on the future price of gold...Ranging from 1,600/oz to as high as 5,000/oz depending on the future value of the dollar. Proposed 2011 budget is 3.8 trillion dollars (unsustainable). This will push the national debt to 15.6 trillion by Oct 1, 2011. That could push the debt to a toxic 90 percent of the GDP...Some predict a financial meltdown if this occurs...Sad but true. Well atleast gold will be up.
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