Oil could easily crash to $100/barrel or less. If this happens, gold should do nothing.
Gold is a good, safe long term investment. Short term investing requires a great deal of speculation. Personally, I prefer poker to speculating in gold.
Having said that, Gold is a good bet.
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manipulated like everything else. It will go up after we are forced to sell low then those who control will let it rise. Just my 2 cents.
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Please remember that the guys that write for gold and silver selling websites are salesmen. I've been in the gold/silver markets for nearly 30 years and they are dead wrong the vast majority of the time. They say it's ALWAYS time to buy.
maybe your right and they are wrong, however, it doesnt seem like the Fed is willing to play its role in correcting the gold price anytime soon:
Fed's Wall Street Lending May Keep It From Raising Interest Rate This Year
Just don't give the salesmen much weight - they're trying to make commissions and sell their newsletters. Buy it because it's right for you and your family and be prepared to own it long-term as a portion of a portfolio.
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