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Reply #30: Actually, the gold bugs have been advising to buy for a long time [View All]

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Art_from_Ark Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Apr-06-06 10:45 PM
Response to Reply #7
30. Actually, the gold bugs have been advising to buy for a long time
Gold may be at a 25-year high, but it's still far below its all-time high. At the same time, there are two new big buyers in the gold game-- China and India-- and European central banks are not dumping gold the way they were before the introduction of the Euro.

That being said, as someone who has had an interest in gold since buying his first gold coin at the age of 9, I wonder how much higher the gold market can get. I was also wondering that back when gold was $450/oz.
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