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To: blam

Because they are gold bugs. They see every scenario as a reason to buy gold. And they make crap up to entice others to buy gold.


4 posted on 12/30/2014 11:38:36 AM PST by DannyTN
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To: DannyTN
I don't consider myself a gold bug, but:

Gold has intrinsic value, paper currency does not.

Gold cannot be inflated to worthlessness, paper currency can be.

Gold cannot be declared worthless or "reverse split" by government fiat, paper currency can be.

Gold maintains its purchasing power over centuries, paper currency always goes to zero purchasing power.

Gold is real money, paper currency is currency and there is a difference.

I don't look at physical gold or silver as an investment. Holding physical gold and silver is an insurance policy.

8 posted on 12/30/2014 11:50:36 AM PST by Former Proud Canadian (Gold and Silver are Real Money, Accept No Substitutes)
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To: DannyTN

“And they make crap up to entice others to buy gold.”

The same people who panicked and liquidated their 401K’s at the market bottom during the financial crisis.


9 posted on 12/30/2014 11:52:30 AM PST by HereInTheHeartland (Pants up; don't loot)
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