Quote:
Originally Posted by scratt
Heh. Well I don't quite subscribe to the conspiracy theory side of it, but the Gold advice wouldn't have been bad advice to give a year or so ago.. Right now it may well be close to it's peak. It's certainly not going to sky rocket. But in times of uncertainty it's a pretty safe bet.  |
But if you adjust for inflation gold would need to be over $2000/ounce to be at a real all time high. When I was born gold was at $35/ounce and was illegal to own.
Most western currencies are in the same boat, weighed down by crippling debt that is only getting worse.