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Re: Yesterday, they said that gold's bull market was petering out. And today? 

By: Decomposed in POPE IV | Recommend this post (1)
Fri, 11 Mar 16 11:36 PM | 78 view(s)
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Msg. 04586 of 47202
(This msg. is a reply to 04579 by dws)

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re: "Let's face it, gold and its little brother silver will both shine brightly until and unless the world's debt situation is confronted."

Agreed. I was tempted to say that it would depend on the country we're in, but

1) I think we're all Americans

and

2) There isn't a country on earth that isn't headed for an eventual debt collapse. That's why backed money matters.

 




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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: Yesterday, they said that gold's bull market was petering out. And today?
By: dws
in POPE IV
Fri, 11 Mar 16 6:00 PM
Msg. 04579 of 47202

Let's face it, gold and its little brother silver will both shine brightly until and unless the world's debt situation is confronted. The 'economists' and pundits can write all they want about short and mid-term movements and wave technical data all they want but it is just noise.

Once a bull, always a bull......be long for the long haul. Naughty Naughty


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