Gold $900 Oz
Gold pushed upward to $899.10/oz today! I’m sure it’s heading much higher once everyone figures out that paper money isn’t back by anything but a bunch of politicians full of hot air…
IMO, gold is heading upwards. How high nobody knows but some gold prognosticators think it’s heading to $5000 an ounce. Perhaps this will happen when start calling this economic collapse the “Great Great Depression.”
I bought two Krugerrands this week at $858/oz so I’m a little ahead for this week. Now I’m not really looking at gold as an investment, but as a hedge to preserve wealth when the USD dies with a loud hissing sound. But it’s good to know that the gold I got for $800/oz last November is worth more than I paid for.