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profit2012

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  • Can gold bears be gold miner bulls? [View news story]
    Where is this lack of demand I hear speak of?? Some countries are buying it as fast as they can. Every time the price goes down on gold there are buyers. There is going to be a lot more mining consolidation to come, I think. So yes, be careful.
    Nov 21 03:48 PM | 1 Like Like |Link to Comment
  • Agreeing on the creaky condition of the fiscal position of Western governments, two economists come to the opposite conclusion on gold. Lombard's Leigh Skene thinks the EU debt crisis has set in play a deflationary spiral in which gold falls (and sliver plunges), while John Williams says 2014 will bring realization of the U.S. government's insolvency and a soaring price. [View news story]
    I agree with both of these comments. In the shorter period before 2014, we may see a plunge in the dollar price, but 2013 will heat up and the price of gold will soar--I'm countin on it.
    Nov 29 10:04 AM | 1 Like Like |Link to Comment
  • Gold's recent weakness provides "an outstanding, low risk entry point" for the metal and even better, for miner shares, says Tocqueville Asset Management. "Essentially long duration in the money options on the gold price," the upside for miners should exceed the metal.  [View news story]
    What do you mean, please?
    Jun 14 12:39 PM | 1 Like Like |Link to Comment
  • Move From GLD And SLV Into Physical Funds [View article]
    I have been buying and selling SGOL shares to boost income in my IRA. I have always stuck with SGOL because I have understood that is is backed completely with gold. Because it is an ETF I thought that I could never own any of the physical gold. After reading your post I am a little confused. Is there ever a circumstance that I could take possession of the actual metal if I own shares of SGOL?
    Sep 1 03:17 PM | Likes Like |Link to Comment
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