Market Caution

I keep my eye on gold like people keep an eye on a hot chick....

gold is capping out..I think its going to drop so I am unloading some items now before it drops out.



Going to be holding on for a good ride..lets see what happens!

Originally Posted by easyrecycle

I keep my eye on gold like people keep an eye on a hot chick....

gold is capping out..I think its going to drop so I am unloading some items now before it drops out.

Going to be holding on for a good ride..lets see what happens!

Debt is going up, which means the Fed will likely monetize more of it (i.e. buying back the country's IOUs with newly printed dollars). The influx of new currency will devalue the dollar causing a sharp increase in inflation. And we all know what happens to gold during high inflation....

Gold-to-hit-2000-before-year-end.html