Gold Moving Higher In Asia In Early Trading - Page 2

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Author	Replies: 17 / Views: 1,879	Page: of 2

hockingzig Pillar of the Community United States 1450 Posts	Posted 07/27/2011 12:51 pm Just keep buying the dips! I heard two talking heads yesterday predict $2000 gold by years end,$5000 gold in 5 years. I don't know about the $5000 number but I can easily see $2000 by year's end. These are truly scary times. I have a tax deferred annuity sitting around making almost nothing,I can withdraw it,but the tax hit would be significant. If I converted it all to gold,and gold goes to $2000 by years end,I could probably sell 1 or 2 ounces to pay the taxes and still be way ahead! Report this Post to the Staff
Ed_B Pillar of the Community United States 4008 Posts	Posted 07/27/2011 7:30 pm Just remember this, Hock. Gold gained 600% from 2001 to 2011. If it did the same over the next 10 years, it would be at $9600. Not saying that it will but anything that has already happened once can surely happen again. Report this Post to the Staff
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