Wednesday, October 28, 2009

Gold on Correction

Gold is showing some signs of a correction. If it goes below $1000 it might be time to buy. Gold Quote for 10/29/09

Also, take a look at this video. Euro Pacific Capital Peter Schiff explains why gold is going up and the proper way to look at inflation. Mr. Schiff's notes that inflation starts with the printing of cash and that is certainly underway. Also, watch the video, which was taped in September and note the talk of gold reaching and staying at $1000 something it has done; a major concern of those debating Mr. Schiff's position.

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