In response to:

Gold Has Longest Streak of Annual Gains Since 1920

Frank130 Wrote: Jan 01, 2013 1:58 PM
The USA cannot repay its debt and US Dollars & US Treasury debt obligations will one day crash when enough people wake up to that fact. And people will eventually wake up if Washington continues to spend beyond its means & continues to create money out of thin air. Since I don't see Washington changing policies any time soon, the only "safe haven" will prove to be things of intrinsic value. I don't see stability ahead & the Federal Reserve cannot keep interest rates artificially at zero forever... yet they must stay at zero or we default on our debt.
MoreFreedom Wrote: Jan 02, 2013 12:23 PM
Nearly everything has intrinic value. If people want it, it has value.
Curtis108 Wrote: Jan 01, 2013 4:03 PM
Where is anything with "intrinsic" value?

Bloomberg reports Gold Extends Longest Streak Since 1920 on Central-Bank Stimulus.

Gold rose, capping the longest annual gain since at least 1920, on renewed concern that central banks from Europe to China will take steps to spur economic growth and as U.S. leaders near a budget deal.

Gold futures for February delivery gained 1.2 percent to settle at $1,675.80 at 1:41 p.m. on the Comex in New York, while prices for immediate delivery jumped as much as...