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**DianaDrk** · 08-16-2012, 04:36 PM

Gold has something of a ceiling, since once it hits a certain price the meltdown market takes off to increase the supply of it. I was really pushing a friend to buy it three years ago, but it seems to top out around $1800-$2000. I expect it to hit around $1900-$2100 after the US elections regardless of who wins, but I wouldn't hold on to it for long.

If metals/minerals are your thing, then you may want to look into the Coltan industry(possibly sourced from Coumbia), which is a pinch-point for cell phones and other tech. Copper demand is also expected to exceed current supply as India and China create new markets as they modernize.

One of my friends recently bought $50K worth of Neodymium magnets. It's doing quite well for him.

08-16-2012, 04:36 PM	#2
DianaDrk Join Date Oct 2005 Posts 359 Senior Member	Gold has something of a ceiling, since once it hits a certain price the meltdown market takes off to increase the supply of it. I was really pushing a friend to buy it three years ago, but it seems to top out around $1800-$2000. I expect it to hit around $1900-$2100 after the US elections regardless of who wins, but I wouldn't hold on to it for long. If metals/minerals are your thing, then you may want to look into the Coltan industry(possibly sourced from Coumbia), which is a pinch-point for cell phones and other tech. Copper demand is also expected to exceed current supply as India and China create new markets as they modernize. One of my friends recently bought $50K worth of Neodymium magnets. It's doing quite well for him.
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