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Re: Raingawd post# 42209

Monday, 08/22/2011 11:05:56 AM

Monday, August 22, 2011 11:05:56 AM

Post# of 101798
Just reporting what the guy said. I have no idea what happens. If I did I'd be rich. I suspect if we ever get serious about really balancing the budget and have massive reductions in spending and cut the baseline to 18% of GDP then gold will evetually tank. If on the other hand we continue in the current mode then who know where it goes on the upside. I just know in my 56 years the only thing that brings gold back down is sanity and that people believe that there are better alternative investments.

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