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Do you think that with the current economy in the shape it is, that the price of gold will keep going up?

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Anonymous

Asked by Anonymous at 10:31 PM on Feb. 15, 2009 in Politics & Current Events

Answers (8)
  • sure... it makes sense...
    JuLiAnSmOmMy317

    Answer by JuLiAnSmOmMy317 at 11:02 PM on Feb. 15, 2009

  • I hope so beings my husband mine it......I would think GOLD would never drop out like copper. Everything uses gold.
    racingmomma

    Answer by racingmomma at 11:10 PM on Feb. 15, 2009

  • I'm more of a platinum girl myself (LOL), but, since our "greenbacks" are becoming more worthless with each passing day, I think precious metals will become much more valuable as time goes on! :o)
    LoriKeet

    Answer by LoriKeet at 7:13 AM on Feb. 16, 2009

  • Actually Lori, our dollar is currently rising due to the worldwide economic slump:

    http://www.bloomberg.com/?b=0&Intro=intro3 (scroll down on the right)

    Fiveofakind2

    Answer by Fiveofakind2 at 9:51 AM on Feb. 16, 2009

  • Not once Obama signs the stimulus bill...tomorrow, right?!
    LoriKeet

    Answer by LoriKeet at 9:58 AM on Feb. 16, 2009

  • I am going to go with: I have no idea.
    Fiveofakind2

    Answer by Fiveofakind2 at 10:03 AM on Feb. 16, 2009

  • Price of gold may be rising, but what they are paying for it isn't. I was offered $24 for my gold band that I paid $79 for in 1995 at walmart. That's a large depreciation for gold that is supposedly worth more.
    motherofhope98

    Answer by motherofhope98 at 2:37 PM on Feb. 16, 2009

  • motherof hope, walmart inflates thier prices over 100% way over, and they pay by weight.

    The gold you had was probably not worth that much when y ou bought it.
    Anonymous

    Answer by Anonymous at 1:09 PM on May. 30, 2010

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