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Korelin Economics Report: Falling Gold & Silver Prices - 3/14/2012 : what people need to understand is that what is traded as gold is in fact only paper gold with no actual physical gold to back it , no gold is bought or sold by those speculators who are driving the prices of gold up and down , it is just derivative and paper assets with nothing behind them , this is surreal but this is the way it is now gold is being treated as a speculative asset while in fact gold should be viewed as money not as a commodity to speculate upon
Jim Rogers : "It (Gold ) will end in a bubble when this is over. The way bull markets work is they go up and up and then by the end they turn into a bubble and that will happen to gold.
…That could be five years, 18 years or six years."
Source: CNBC
Gold Finishes Up 2.93% for the Week, Silver Up 29% Since 1/1/2012 folks keep on staking gold and silver they are still very cheap because The Great Depression will look like a small blip compared to the economic collapse the United States is about to suffer, according to several experts. But Congress refuses to listen and do what's necessary to stave off disaster. Worse, Congress has been warned year after year since at least 1992, and perhaps before that.The federal budget is structurally unbalanced. This will do increasing damage to the economy and is unsustainable in the long term. Regardless of the approach chosen, prompt and meaningful action is essential. The longer it is delayed, the more painful it will be.