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To: davikkm
This surge in buying suggests a potential return to a bullish gold market.

Seems to be more like the rational reaction to the lack of confidence in the fate of the dollar which continues its decline.

Great for people who can invest in gold, not so great for those who can't. However, the silver lining is, well silver. Because when gold rises, so do the other precious metals, but the time to buy is now. 🙂

2 posted on 12/08/2023 8:47:09 AM PST by Robert DeLong
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To: Robert DeLong
For those with IRAs, you can rollover a portion of it into what is called a Gold IRA. Within a Gold IRA, you can allocate your holdings in silver as well as gold.

Make sure it's a certified Gold IRA however so you don't get taken advantage of conmen. There are strict rules surrounding Gold IRAs and typically your gold and silver are stored at a depository.

A couple years back, I moved about 20% of my total retirement savings into a Gold IRA. Now I'm thinking I probably should have done it at a higher percentage. But my index funds have been doing well also.

4 posted on 12/08/2023 8:51:43 AM PST by SamAdams76 (6,508,933 Truth | 87,456,907 Twitter)
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