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To: koan who wrote (20858)8/22/2011 2:14:27 PM
From: calgarylady  Read Replies (1) | Respond to of 23086
 
And actually over the weekend someone I was listening too said if gold goes up with the devaluation of the USD then it should be a lot higher. The dollar has been devalued faster than gold has climbed.. There is so much hidden in derivatives and other things that most of the market can't see. I wished I could remember who said it but I listen to too much.. :) It made sense though.

As long as printing and spending are going on in the US the dollar has to continue to devalue. How is gold in a bubble when still so few hold any?