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  #1  
Old November 8th, 2011, 05:32 AM
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What is the future of Gold

A falling US Dollar,worldwide recession all this took Gold to the current peak of something $1600+ after touching a peak of $1900.

Will Gold be the currency of the future, along with yuan, yen and the rupee.

Or we wait for yet another bubble to bust.
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Old November 8th, 2011, 06:55 AM
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Re: What is the future of Gold

gold has reached immense highs. not sure of short term but long term it is supposed to never disappoint anyone. like if u want to invest for children, gold should be good anytime.
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Old November 8th, 2011, 09:22 AM
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Re: What is the future of Gold

I am thinking of buying land on mood... for my kids its probably gold, but 2 generations down mere bachho ke bachhe mujhe dua denge
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Old November 8th, 2011, 02:16 PM
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Re: What is the future of Gold

Gold prices will come down soon .
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Old November 8th, 2011, 02:23 PM
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Re: What is the future of Gold

On what basis are you saying that gold prices are going to come down soon.
As for now I feel the gold prices are up due to a weak US economy,european crisis.Do you see an improvement in both of these and even if there is an improvement what price level can we see gold in near future.
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Gold prices will come down soon .
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Old November 8th, 2011, 02:25 PM
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Re: What is the future of Gold

Another reason I see for the gold price rise is online trading earlier only banks/financial institutes could trade online, but now with gold included in forward markets people play on a daily basis and to take home quick money at the end of the day the prices are rigged.
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Old November 8th, 2011, 02:53 PM
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Re: What is the future of Gold

Quote:
Originally Posted by swami View Post
On what basis are you saying that gold prices are going to come down soon.
As for now I feel the gold prices are up due to a weak US economy,european crisis.Do you see an improvement in both of these and even if there is an improvement what price level can we see gold in near future.
Gold prices will stay up if US infuses more prinnted money in the economy , in short takes on more debt . If not gold prices is coming down .
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Old November 8th, 2011, 02:23 PM
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Re: What is the future of Gold

Quote:
Originally Posted by swami View Post
A falling US Dollar,worldwide recession all this took Gold to the current peak of something $1600+ after touching a peak of $1900.

Will Gold be the currency of the future, along with yuan, yen and the rupee.

Or we wait for yet another bubble to bust.
INR is trading @ ` 49.38 against the $ .. Currency of the future?
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Old November 8th, 2011, 02:33 PM
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Re: What is the future of Gold

Today the world is looking up at Asia for recovery and we have only China and India strong in Asia.
This evening I heard one forex trader talking about swiss banks and how China is willing to bail them out against gold as security
Iski maa ka...BC, public bhi bindaas fekti hai.
But yaar I started this thread before meeting him
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Originally Posted by 28virgo View Post
INR is trading @ ` 49.38 against the $ .. Currency of the future?
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Old April 16th, 2013, 09:40 AM
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Re: What is the future of Gold

Andheraa Ghanghor Andhera
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Old August 31st, 2014, 11:18 PM
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Re: What is the future of Gold

I like white gold.
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