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2 Comments
Ian McAvity on the Economy and Gold [view article]
What? Mar 09 08:18 PMIan McAvity on the Economy and Gold [view article]
I think that Ian is predicting a crash in asset values and the stock market (and a short-term correction in the gold prices) in the next few months. In that context, currency or T-bills can be used to purchase these assets at lower prices. Look back at the great depression and you will see that cash was king.I also think GFI is a unique situation and very undervalued when compared to the others. Mar 08 12:23 PM