Saturday, July 9, 2011

Is GOLD still a good INVESTMENT?

Short term it largley depends on how Bernanke handles the financial sitiuations in the next 6 months. The U.S. may default on it's debt. If he does nothing, we sink into a deep Economic Depression and gold will go down, however, Bernanke will do anything to prevent that so then a QE3 should be coming and that would be good for gold.

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