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  • Gold as an Investment? Think Again  [View article]
    It occurs to me that ultimately, financial markets are the monetary equivalent of political systems. Perhaps
    some are correct to suggest it not necessary to hoard
    gold, despite the fact that world governments take the lead in that selfsame pursuit of the "blaise blaise"
    medium. That factor may have something to do with
    the likelihood that no sane person would hope for any
    catastrophy but unfortunately, we all know that practically anything beyond our power to influence can
    prove a reasonable expectaction.

    The purpose of this forum is to advise oneanother, to-
    wit many do their best. Although I am no expert I do
    recognize this, he who owns the goods may attempt to manipulate the price as he wishes. And further, re-
    gardless to how outlandish that price may seem if the
    populace is willing to support that price-it will hold until! Now, whatever you want to call us-those of us
    who manage to get the better grip on that factor most
    likely fare well depending on our situations.

    OK, the price of the yellow stuff is descending. No News! Keep going as usual. Good news! If you want to unload a few bars, thats up to you. BUT, why do so on the down tick. As has been pointed out, like most everything else in life-business/politics...
    ments proceed in cycles.

    My question:

    "You in this to make money or some other less functional medium?"

    And frankly, I don't want to see gold trading at 5,000
    per ounce-although I suspect it could. Reason being,
    A VERY BAD SIGN FOR THE PLANET! While I probably
    should not say it, so long as it were left in the hands
    of a rational populace-I advise against allowing gold
    to advance beyond 3,000.
    May 04 16:05 pm |Rating: 0 0 |Link to Comment
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