FAQ: Is the price of gold going to lower when the our economy gets better?
I have invested money in gold however its been fluctuating and can?t decide whether to sell it or not. This past week it has reached above $ 1000, is it going to go up anymore? I?m just waiting for a good time to sell to make some profit. Opinion? Please and thanks.
goldsenze.com Answer:
What are you going to do with the money once you sell your gold? Do you have a use for it? I can not help but think that the dollar is just about the most worthless piece of paper in existence. The government is broke. Congress has run amuck. If it were not for the obliging Chinese willing to buy the worthless bonds, where would the country be? What do you think might happen if they decided that enough is enough? At the moment they trade their worthless products for our worthless bonds. So far so good, but maybe one of these days the Chinese might find another sucker for their crap. When that happens you will most likely wish you still owned your gold.
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