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The stock market is having a rally on hopes the Feds will pump more money into the economy.. Gold goes up.. gas goes up.. dollar goes down..
 

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China has just recently approved private buying and PM ownership for all people.

If One billion Chinese each buy one ounce....
 

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The more dollars that Obama pumps into the economy, the greater the inflation will become. Better that he doesn't create anymore endowments for the illegals or lifetime welfare recipients. I know it will hurt his voter base.
 

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CAUTION! Godl and the Dollar have no always moved inversely. There have been times when the have fallen in value concurrently.

That beinmg said, there is still a good case for owning gold as a hedge.
 

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Back in 1999 gold was $285 oz. and couldn't give it away. Platinum was $320 oz. Silver, about $5.75 oz. Never saw a commercial back then advising people to buy gold. Where were the brain trusts?? I guess those were the good ole days. BT-100dc
 

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George Soros is buying up as much as he can so he can devalue the US dollar. Thats how he became one of the worlds richest thug!

Supply and demand rules: decrease supply, create demand, price goes through the roof!
 

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Discussion Starter #14
Gold took a big fall today.. as China revalued their currency..and raised interest rates on loans.. They hold so many dollars.. they can move the value of our dollar at a whim..
 

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Actually the Hunt bros manipulation did work.....remember silver went to almost 50.00 per oz......then they got caught and a whole lot of speculators lost their asses.
 
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