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SPDR Gold Shares Message Board

  • ldk139 ldk139 Dec 1, 2009 9:51 PM Flag

    Gold to $2,600, Yahoo financial article says

    Please read the article on Yahoo finance. AND MAKE YOUR OWN JUDGEMENT .
    I believe gold is a safe heaven especially in times of currency uncertainty and financial crisis. What currency do you trust ? I trust US currency. But its value is going down. Some people trust Japanese Yen. But I do not trust Yen, because it is said Japan has more debt the USA. So In times like this, it is good to have some gold as a kind of reserve currency. I guess that is the reason everybody buying gold. Gold price has along way to go up, up and up, Simply because too much debt everywhere in the world.

    This is personal opinion, which you must not rely on. You must consult own adviser before buy or sell.

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