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Final call

tes..you are right ..currency exchange a factor,,but what else protection, other then tangiible asset???gold will increase when all go down..that is good enought.

This is confident crise..more trouble down 2009 then all will rush to oil and gold..ppl will lose confident in paper asset.,

 

"my target for gold over the next 2 to 3 years....$2600 "

What would US$ be worth then in S$? Currency exchange risk to consider - 

 but never mind - can pass on  gold bars to kids..

 

cheongwee      ( Date: 24-Oct-2008 22:22) Posted: Market present us a chance to buy gold big time..DYODD gold is down with all asset becos of fund redemption and sold stock to cover losses..all settle in $ thus $ rally... Alway remember the $ got no fundamental to rally...with all bailout and debt and further fed cutting of rate debasing the $.. Thus me, next year will be a golden year for silver and gold..put some here no regret. Just feel like sharing.. What if i am wrong...you ask?? good..you still got your gold.. no like stock(ferrochina ) can never go to zero..but can got to the moon...my target for gold over the next 2 to 3 years....$2600 good luck...DYODD

 

Market present us a chance to buy gold big time..DYODD

gold is down with all asset becos of fund redemption and sold stock to cover losses..all settle in $ thus $ rally...

Alway remember the $ got no fundamental to rally...with all bailout and debt and further fed cutting of rate debasing the $..

Thus me, next year will be a golden year for silver and gold..put some here no regret.

Just feel like sharing..

What if i am wrong...you ask?? good..you still got your gold.. no like stock(ferrochina ) can never go to zero..but can got to the moon...my target for gold over the next 2 to 3 years....$2600

good luck...DYODD