The extremely rich in this country and throught the world are buying gold right now.
The dollar is falling apart and there is talk of not accepting it as payment for oil.
The very rich are now shorting the dollar.
You would be wise to follow what the very rich are doing.It is a good indicator of what will follow.
Gold has always been valuable throughout the history of man and will still be valuable despite the wishes of the federal reserve and the world bankers.
Productivity at the rates they are at, shut down inflation in a hurry. And you said gold to $800 (wanna bet). Yes I do.
I say Gold ain't there in 6 months or a better yet, I'll give you a few extra months to get there and say by the election next year. Gold won't be anywhere near $800.
And if you actually believe that the dollar isn't the world currency or that Countries or businesses won't be accepting it as payment....gezz, you've lost it in some paranoid world of "what's to come"....
Though we do agree on gold being a valuable assest. I will agree with you there, but one has to not inflate its worth.