2026 TeoTwawKi ... 2032 Darkest Interregnum Message Board

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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum

GLD 416.74

+1.2%

Dec 26 4:00 PM EST

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To: Slagle who wrote (5339)	4/6/2006 9:56:56 AM
From: Joe S Pack	Read Replies (1) of 218788

With this Cramer proved that he is not only idiot but also ignorant. People in India buy 22 carat gold mainly for jewelry as a show of wealth, as a mean to face hardships, and as a mean to parcel out girls to wealthy/educated grooms. Most people don't care about their government and almost all are of the opinion that politicians are corrupt top to bottom. -J6P TobagoJack, Cramer (yep, that one) made a claim ABOUT GOLD on his show tonight that I have never heard before. He says that the demand for gold in India and China is not for jewelry but for investment. Why? Because he claims that the gold being bought there is 24 carat gold, too soft for jewelry. Is this true? He says that the reason that the people in China and India are buying the gold is that they don't trust their governments and the local currency. <grin> I guess they trust the USD, though. And because of this he says you should buy KRY, a company with some operations in Venezuela. Slagle

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