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Re: The only thing certain is that long-term investors will lose as the price of gold continues to inexorably trend toward the cost of storing it. Long-term investors should sell their gold and gold-r

By: Decomposed in ROUND | Recommend this post (0)
Fri, 27 Jan 12 1:55 AM | 43 view(s)
Boardmark this board | De's Test Board 		Msg. 38432 of 45651
(This msg. is a reply to 38427 by ribit)
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The cost of storing gold must be ramping up in a big way...

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Gold is $1,581/oz today. When it hits $2,000, it will be up 26.5%. Let's see how long that takes. - De 3/11/2013 - ANSWER: 7 Years, 5 Months

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Re: The only thing certain is that long-term investors will lose as the price of gold continues to inexorably trend toward the cost of storing it. Long-term investors should sell their gold and gold-r
By: ribit in ROUND
Thu, 26 Jan 12 11:16 PM 		Msg. 38427 of 45651

decomp
Not a day has passed in the time I've been involved in gold that folks haven't made clear that they thought it was a dumb idea.

...I have said as much myself. I have all my money tied up in Buggy Whip futures. It's gonna make a comeback. I can just feel it.

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