Quote:
Originally Posted by SiR_vfung
another newbie question but is gold going to ever 'split' in half?
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no! the price/unit is at $USD/t oz.
You can't say $$$/half oz.
The gold will keep rising in the very long term (10-50 years). Gold might be $10,000/oz in another 50 years or so... but at that time, a typical apartment might cost $3-5 million... it's inflation. $1 now isn't gonna worth $1 fifty years from now.
This apply to stock market as well. The overall picture for stock market is UP! US market might be heading downhill right now, but 3-5 years from now, 2008 is just a correction to the entire stock market.