What will happen to the price of gold now that the Wall Street bailout has been rejected?

What will happen to the price of gold in the long term, over the next six months or so?

Public Comments

  1. I wouldn't bet my future on gold. Over time it is a lousy investment and if you get in right now you have a very very long way to fall. There will be a bill that is passed. Probably better than what they tried to shovel. With Pelosi and Madame Man playing games and twice getting caught, it isn't likely that they will try it again.
  2. my crowns and fillings will be worth more than my house probably ?
  3. its going down at the moment- this directly after the news that the bailout plan has been rejected ???
  4. save some money, wait till your in a depression or watev\,,,, tehn buy your gold at the cheapest possible price......then eventually, it will be worth sooooooo much more as teh economies secure rapid growth soon after teh recessino
  5. Gold is currently being purchased defensively. That is, it is not in a REAL demand. So, unless there is a collapse of the the market, you can presume its in its highs right now. I for one, would bet that 6 months from now it will be nearly the same value or lower than it is now.
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