With confidence decreasing in the dollar and decreasing hope of recovery in the west

European Union have $15 trillion debt and with USA holding $15 trillion debt too

And with Americans revolting against the FED and not ready to take on any more debt and the same happening in EUROZONE.

We could very well be going back to the GOLD standard.If that happens GOLD prices and precious commocity prices will rise big time in the next few years throughout the globe.

The west will have hyperinflation and this will affect the east too.Paper money and bank savings will become almost useless

So who is preparing for it,anybody already buying GOLD and other commodity?

gold and silver are bubbles that are going to burst sooner than you think.

/thread.

gold and silver used to be bubble under dollar standard.they won't be buble's when dollar standard collpases

get a lesson on US FED and interests on debt

And where do you get your lessons, glen beck?

The world is a bubble on the dollar.

The dollar collapses and you better hope that gold tastes good.

This is not a way to gain respect. But... if you're talking this way, then I tell you: go and take some ecconomy classes.

Gold will remain high for a while, but once things move in positive direction, the price always drops in a spectacular fashion.

i didn't mean it that way

but if you look at prof00's comment,he sounded very sure that this gold rise was also a bubble like previous ones and he kinda taunted me

no the internet

the world buble was dollar but now now is near collapse cause the debt is too high and the US government will soon not even be able to pay interest and china has started changing its economy.

unemployement is record high and people are revolting around the globe.

anyways i apologise if i sounded rude and dictating.