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To: blam
Gold was a BIG deal in the early 1980's. Lot's of people bought it and stored it away in their safety deposit boxes, or whatever.

THAT "fad" disappeared. Now it may be back.

4 posted on 12/04/2014 6:50:16 PM PST by cloudmountain
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To: cloudmountain

Metal bullion pricing is cyclical.

In 2011 Silver was $47 an ounce. Even at that there were folks saying it was going to go higher. There always is.

Today it’s at $16.35.

A fair amount of money can be made in metals. A massive amount can be lost as well.

I’m not convinced it has bottomed out yet. My predictions generally send metals in the opposite direction.

With that in mind, perhaps it is time to buy. Or does that jinx it? I can never tell.


5 posted on 12/04/2014 8:54:08 PM PST by DoughtyOne (GOP. GOPe. GOPeGads! GOPeWWWWWWWWWWWWW...)
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To: cloudmountain

“Now it may be back. “

It’s been back since at least 2005 that I know of. That’s about 9 years. Not a fad at 9 years, really.


21 posted on 12/05/2014 7:51:03 PM PST by CodeToad (Islam should be outlawed and treated as a criminal enterprise!)
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