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To: Diana in Wisconsin

Yes, but what about now? I was a gold bug but have now been soured on it. The only reason I am holding what I have is that they are so under water.


70 posted on 01/06/2015 8:21:08 AM PST by Sam Gamgee (May God have mercy upon my enemies, because I won't. - Patton)
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To: Sam Gamgee

I bought my stash 14 years ago; it’s done nothing but go up. It’s a small part of my portfolio, but has given me the best return. Timing was everything.


72 posted on 01/06/2015 8:42:43 AM PST by Diana in Wisconsin (I don't have 'Hobbies.' I'm developing a robust Post-Apocalyptic skill set...)
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To: Sam Gamgee; Diana in Wisconsin

>> “ I was a gold bug but have now been soured on it. The only reason I am holding what I have is that they are so under water.” <<

.
Don’t be a weather vane!

When China’s move against the dollar is launched in full force, you’ll get a nose bleed trying to get up to where PMs will be. (in dollars only)

.


73 posted on 01/06/2015 10:14:53 AM PST by editor-surveyor (Freepers: Not as smart as I'd hoped they'd be)
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To: Sam Gamgee; Diana in Wisconsin

Just one more clue:

When it all breaks, gold will rise way faster than silver or platinum.

Why?

Because in a steep deflation, the banks will have to buy all the gold they can get their paws on to keep their capitalization from evaporating.

.


76 posted on 01/06/2015 4:59:54 PM PST by editor-surveyor (Freepers: Not as smart as I'd hoped they'd be)
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