All that glitters is not gold, but lately the yellow metal has fallen on hard times. Will gold fall to $500? Perhaps, but the general long term trend is up and up. The gov can print green pieces of paper, but it cannot print gold. The supply, small as it is, is in greater demand as rich Arabs start to diversify out of dollars.
I predict that it will go over 2,000 as world situation gets worse. Get ready to go from a deflationary depression to hyperinflation.
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