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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 396.28-0.7%Dec 31 4:00 PM EST

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To: TobagoJack who wrote (43718)12/10/2008 6:50:23 PM
From: energyplay  Read Replies (2) of 218877
 
Getting rid of spare cash....ummh... consider the likely opportunity cost vs. risk of devaluation eventual inflation.

You have some friends who already are dumping less liquid assets, like gem stones.

The art market is starting to crack.

Now, let me put some temptations in front of you :

Imagine collectible watches being sold off a fraction of their original cost....

When deflation hits, there might be only a small window to buy some of the very best items, before inflation starts, and these precious items become again closely held.

I expect there is a significant correlation between the buyers of the best fine watches and the buyers of physical gold. So there may not be as many distressed sellers as there might be for more popular high end watches.

Greed vs. Fear, player 1 choose now ;-)
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