He predicted the collapse years before it happened, and he speaks with reason and logic. His prediction that gold may hit 2,000 dollars an ounce is a truly remarkable statement. Investing money must wait as the economy continues to spiral downward, because investing right now may be equivalent to deep losses. Although the times may seem tempting with shares dwindling in single digits, they are low for a reason. The market has fallen, but the problem lies in it still being in free fall. Many establishments and corporations shall fail. Just as the housing market collapsed along with the credit crises so shall the US dollar. Hold your money and wait for the bottom because it is still very far away from the lowest point. Gold may be the best investment in these times.

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