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Bearfund,
Dec 17 03:03 am
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All Comments by Theo68 »Counterparty Risk May Lead to Potential Squeeze in Gold Market [View article]
Your point on conspiracy theories is well-taken. Making investment decisions on rumor rarely pans out. However, many of your facts (number of dollars increasing while production is decreasing . . .etc) seem to support the opinion that gold is a prudent investment.
Although I own gold, I truly hope we don't see it at $10,000/ounce as that would mean the probable collapse of society. A slow steady advance to $2000/ounce over the next couple of years is fine with me.