President Obama is giving his big “Now I’m focusing on jobs speech” on Thursday (I believe this is the 83rd time he’s declared that to be his new focus since he was inaugurated).
If I had some spare money I was looking to invest, I’d buy gold heavily right now… and sell it on Friday.
As of Monday, the price of gold was about $1900 an ounce. Anyone wanna forecast on what it will be after Obama gives his big speech? I normally avoid predictions and whatnot, but this is just fun. I’ll guess $2200 by the close of business on Friday.
Regardless, I feel pretty safe predicting it will go up.