[quote=arraya][quote=jpinpb]Partypup – gold at 5k?! Are you serious?[/quote]

That would be more from the dollar losing value than anything. The whole world is threatening to start new currencies and it may be a good idea to pay attention and think of what would happen if the dollar lost reserve currency status. Because that is where this party looks like it is headed.

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That’s exactly where this party is headed, and you are right that this is precisely why gold is critical to any portfolio now.

“Chinese Propose Replacing Dollar as Reserve Currency”

http://www.reuters.com/article/wtUSInvestingNews/idUSLJ93633020090319

And it’s not just the Chinese who are itching to dump the dollar. Now the U.N. has even gotten into the act:

“U.N. panel says world should ditch dollar”

http://us.mobile.reuters.com/mobile/m/AnyArticle/p.rdt?URL=http://www.reuters.com/article/newsOne/idUSTRE52H2CY20090318

Unfortunately, most Americans are completely oblivious to these developments. They will literally be blind-sided by the sudden and steep devaluation of the dollar, as they were blind-sided by this crisis.

Get gold and silver – and get ’em soon.