View Single Post
Old 08-14-2011, 05:16 PM   #110
tranzformer
Delights in pure handling
 
tranzformer's Avatar
 
Join Date: Apr 2011
Drives: Zoom Zoom
Location: KS
Posts: 4,854
Thanks: 0
Thanked 15 Times in 14 Posts
Mentioned: 1 Post(s)
Tagged: 0 Thread(s)
Quote:
Originally Posted by 82mm 4g63 View Post
Its at an al time high now, so why would somene buy now?

With the expectation that gold will continue to go higher as world wide economies (US, Italy, Greece, Italy, Spain, Portugal, France...etc.) continue to shit on themselves. People feel a sense of "security" in gold and as more people get into buying gold the prices will continue to climb. Ultimately there is no financial security as it can be wiped out overnight anyways.
tranzformer is offline   Reply With Quote