2026 TeoTwawKi ... 2032 Darkest Interregnum Message Board

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

GLD 408.23

+2.3%

Dec 22 4:00 PM EST

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To: Rolla Coasta who wrote (9573)	9/20/2006 10:12:04 PM
From: 8bits	Read Replies (1) of 218673

"Who the fools would buy gold at $1000 ? They must be crazy. I think oil price would rise along with gold, so will food price. I guess people would stockpile food for rainy days." Who were the fools that bought Dotcoms that never had any earnings and had price to sales ratios greater than 20...? I don't know but if you get a fraction of the number of people who did that to buy gold, it would break $1000 in no time. As I previously posted Gold adjusted for inflation was higher than $1000 for several years in the late 70s and early 80s. It wasn't a one or two day phenomenon.

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