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flota

09/30/05 10:36 PM

#11830 RE: FinancialAdvisor #11823

"physical $GOLD will NEVER lose its value" like any metal Gold will go through a bull period and eventually will face a crash like any other other investment instrument. In jewelery form, demand will decrease as less people will be able to afford jewelery when is that going to happend who knows but it will eventually will have to take affect. As increase in gold price brings increase in dental costs, electronics and you can go on and on.

So if you bought on the spike in 1980s you would not lose money right FA..LMAO..so depends how long of a period you looking at gold is still in a bear market. it would need to break the 1980 top to be truly in bull mode (all is relevent on the period studied)

FA remember if dollar was tight to Gold as back up asset it would never trade. it would be sitting in some vault useless.



http://www.gold.org/value/stats/statistics/gold_demand/index.html

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FinancialAdvisor

10/11/05 3:25 AM

#12183 RE: FinancialAdvisor #11823

***Gold futures at record high in open interest... have we already seen the TOP or is it around the corner???