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Gold Coins, Are They Going To Continue To Grow In Value?

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Pillar of the Community
IBGolden's Avatar
Canada
598 Posts
 Posted 01/19/2009  9:40 pm  Show Profile   Bookmark this reply Add IBGolden to your friends list Get a Link to this Reply

Quote:
Honestly, how high do you want to see gold prices going up to? 1000 dollars? 2000 dollars?


Yes
Valued Member
novillero's Avatar
United States
290 Posts
 Posted 01/20/2009  10:07 am  Show Profile   Bookmark this reply Add novillero to your friends list Get a Link to this Reply
I am not big on these Mad Max SHTF scenarios. But if you believe that this may happen, you may want to stock up on dry goods and hard alcohol.

As to guns, you don't need a lot of guns. You only need one, and that one you need to know how to use - well.

As to gold, I wish gold would go down so I could afford some. I just started last year with silver and coin collecting. I own 2 pieces of real estate (well, the bank owns some, but they are being paid down at an accellerated rate). I have some money in cds, and too much in 401ks and IRAs. So I guess, I am diversified.
Valued Member
United States
67 Posts
 Posted 01/21/2009  8:30 pm  Show Profile   Bookmark this reply Add daveg131 to your friends list Get a Link to this Reply
The value of gold doesn't change. How many dollars it takes to buy an ounce changes. Look at gold as a preservation of your wealth, protection from inflation, not something that's going to make you rich.
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