UP ^^^
Down or???

With Trump in

I hope it goes up to 3k and settles out for a few years. Give me time to dig up some more

Someone asked me what I thought Gold would do and I didn't know how to answer

The answer is...."it depends"

I guess down…

Is the price of gold going to increase,,,,,,?

Or

Is the buying power of the dollar going to decrease,,,,?


I’m going too say the buying power of the dollar is going to decrease

By how much???

Yet to be determined,,,,

Then Gold should go ...Up

Up

The price of gold stays pretty much the same. It's the dollar that goes up and down, with 36 Trillion of National debt I don't see how it could NOT continue to go up? Go to Yahoo Finance and look at the gold chart and see that since 2000 until now it's increased by (6) times, that's what inflation does. So the question is, do you think we'll see increased inflation.

As much as I would like to say that I think Trump can fix the economy, I rather doubt that anyone can really fix it unless they take similar actions like Atgentina did recently. Even then, our debt is so great.I think we will have to continue to borrow/print money to make the interest payments and take care of the annual budget. This will inevitably raise the price of gold, or you can look at it another way; It's better described as the value of the dollar decreasing. It's not so much that gold has gone up in value, but rather that the value of the dollar has declined.

Flat to Up. Its not going down without armageddon levels of federal spending reductions.

Got to start somewheres.

There’s a couple post about spending reduction and the value of the dollar going up, isn’t that what majority of politicians said they are going to do now?

My guess is the value of gold is going to rise for a little bit and fall within two years.

Plus or minus 20 percent. Metals aren't for the faint of heart.

It'll go down. Gold goes up when the world is in turmoil. The world won't be in turmoil once Trump is in. Wait for it to bottom out and then invest!

One thing that is holding the price of gold down, is that the vast majority of the gold traded ,daily is non existent electronically traded gold. If the trading was soely limited to physical gold, the price would be much higher.

I dont think i would bet on turmoil stopping.

As much as I would like to say that I think Trump can fix the economy, I rather doubt that anyone can really fix it unless they take similar actions like Atgentina did recently.

Argentina recognized Trumps assertive nature,..we will trade better between both countries.

In my opinion they only way they can fix the debt problem is to hold the line on spending and grow the economy at say 4 percent plus.