Gold

[Russ]

Robert McEwen,Chairman of US Gold Corp announced Tuesday that he expected gold prices to rise to at least $2000 and possibly as high as $5000 by 2010.The current price of an ounce of gold is $669. (www.thebulliondesk.com)

[#2]

yes he would wouldnt he....the bulliondesk is a good site but it has an agenda...

[SimonPB]

only US$5k? Heck mon no ambition. I say US$10k at least, and soon - very soon.

[#4]

yes he would wouldnt he....the bulliondesk is a good site but it has an agenda...

[Captain_Kidd]

Question ? is holding GLD chares as good as holding physical gold..

[SimonPB]

yes, in fact generally better.

[Captain_Kidd]

Thanks Simon

[Russ]

Do you like mean this year?

[SimonPB]

russ, I mean like Monday. No point is beating aroudn the bush, time to move thsi baby.

[Russ]

It won't go to $10000 by Monday.Not this Monday,anyway.

[SimonPB]

hmmm, that certainly deflated by ego. Well anyways I don't own/buy gold so no worries.

[#12]

NO..it is not.GLD is just electronic gold,but If the Mine-strikes get worse in this country( and they're setting up,big-time),then GLD is better than holding Shares.(I'm watching this whole scenario,carefully.).##...Krugers are King ito INSURANCE.Real Gold.In your possession.

[SimonPB]

zarp, you are wrong. ABSA (who manage GLD) psychically have the gold in a vault somwhere. So it is no smoke and mirrors with some real benefits; security, spread, ease of transaction, cost of transaction, no comm. And anyways when the end of the world comes what use is gold? You can't eat it, can;t use it to defend yourself, etc. My bucket of water will be worth more then allt he gold in the world.

[#14]

Simon when we get that far the most popular currency is more likely to be buttplugs....bring on the apocalypse...

[#15]

Simon..heh.Ever heard of the old saying: "Possession is 9/10ths of the law." ?

[SimonPB]

chartist, exactly. That's why I collect water and red wine.

[SimonPB]

ya zarp, an I got the water will not want your gold. So the 9/10's in on my side.