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To: blam
If you believe the system will somehow muddle through then owning a small amount of over priced gold might fit into you plans.

If on the other hand you really do think that the SHTF will occur soon then stay away from the stuff. In that case gold wont be valued in overinflated dollars or Euro’s or yen..but in how much wheat or rice you could find someone to trade it for in a 3rd world economy..

8 posted on 02/10/2013 11:35:06 AM PST by montanajoe
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To: montanajoe

Gold is occasionally under priced, but never overpriced.

Gold is the anchor point with reality.

To put it another way, while the “price” may drift, the buying power of gold is almost a constant.

There will always be a wealthy and powerful element that will look to acquiring whatever gold is available.


10 posted on 02/10/2013 11:49:35 AM PST by editor-surveyor (Freepers: Not as smart as I'd hoped they'd be)
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To: montanajoe

Actually, the $’s and €’s are now and always have been measured in gold.


16 posted on 02/10/2013 11:57:36 AM PST by bert ((K.E. N.P. N.C. +12 .....The fairest Deduction to be reduced is the Standard Deduction)
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