Re: Gold over $1,000
in response to
by
posted on
Sep 09, 2009 05:35PM
Silver and gold are certainly not over valued. Based on inflation adjusted prices, they are quite undervalued. My hope is that silver and gold continue the climb.
Barrick in the last 2 days decided to work on removing their hedges on gold. For a company to make that bold of a move they must know something you and I don't. Perhaps gold is on the verge of hitting higher numbers? Or at the very least, gold might maintain its current price range for the next 6-12 months.