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To: DebtAndDelusion

Jeeesh! Then what's the solution? Go out and purchase some gold at $522 per? Gold is Gold is Gold and will only be worth something when it all falls apart. Only, in order to keep that gold (if you bought some) would have to be with gunsteel and some lead.....


78 posted on 12/09/2005 1:40:54 PM PST by Gaffer
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To: Gaffer
Jeeesh! Then what's the solution? Go out and purchase some gold at $522 per?

I wouldn't. Gold is in a bull market but corrections will occur as in any bull market. If it drops back to say 475 or so, I'd be looking at buying then.

The main thing about gold is it is not a "buy-and-hold" proposition. Gold spikes and then falls. It is a short to intermediate trade, and you should have a target in mind for when you want to take the money and run.

108 posted on 12/09/2005 7:39:56 PM PST by hinckley buzzard
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