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To: Box-By-The-Riviera™ who wrote (169)2/14/2007 7:47:44 PM
From: SouthFloridaGuyRead Replies (1) | Respond to of 1718
 
Not really. I don't know how to value gold and I don't make claims that I do.

I have some ideas as to why gold is rising, which I have stated.

Given the monetary conditions, I would expect further rises in gold, but nothing astronomical unless the Fed or another major Central bank were expected to cut - perhaps due to the housing deflation - in the face of above normal inflation expectations.