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To: Fireone

I don’t know. It’s not clear anymore that anyone thinks gold is the hedge it once was.


27 posted on 10/06/2019 7:01:06 PM PDT by LS ("Castles made of sand, fall in the sea . . . eventually" (Hendrix))
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To: LS

True, until a major event happens, then all bets are off. They flock to gold in a matter of minutes.


35 posted on 10/06/2019 7:11:40 PM PDT by Fireone (Build the gallows first, then the wall!)
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To: LS; Fireone; bitt
***I don’t know. It’s not clear anymore that anyone thinks gold is the hedge it once was***

The buys were made some time ago, sometimes by the ton. Buy in anticipation, not reaction. (If a Russian bank bought a ton of gold, someone was selling a ton of gold.)

As to gold not being the hedge it once was, the person selling that idea is likely heavily invested or presently investing... 6 thousand years of history are hard to argue against.

123 posted on 10/08/2019 7:29:01 PM PDT by Bob Ireland (The Democrap Party is the enemy of freedom.They use all the seductions and deceits of the Bolshevics)
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