Found in 2 comments on Hacker News
rakkhi · 2010-09-25
· Original
thread
Do you have a good story on why you believe that gold will keep going up for while? I can think of one maybe the US currency will continue to decline and the world will change to a basket of currencies backed by gold...
Personally I am going long on a gold company just to benefit in the laging effect of high gold prices on the earnings of these companies... other than that I have no real story on why gold keeps going up and more importantly when/if it will peak and take a major fall
Is owning physical gold and silver because you think the US will colapse like the roman empire and you want some quick currency to escape?... aka Peter Shiff ? (http://amzn.to/bTVMIj)
Is from a guy that have been predicting this collapse since 2006.