2026 TeoTwawKi ... 2032 Darkest Interregnum Message Board

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

GLD 368.29

+0.6%

Nov 7 4:00 PM EST

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To: energyplay who wrote (55081)	9/17/2009 5:23:01 AM
From: TobagoJack	Read Replies (1) of 217596

the official panda bullion distributor surveyed the boyz and i last week given that we were regulars, and for whatever reason was surprised that we were not in the biz of buying and re-selling pandas. when we said we just buy and hold, the lady asked, "so when do you sell?" "maybe never, unless and until the price gets absurd" "so you just buy and hold?" "yes" "in the bank?" "yes" "whoa" i have also ran into people who still held gold from the early 80s' or got gifted gold upon death of parents, and fretting about all the money they 'lost', not realizing that they are still in possession of the money. they may be sellers. folks certainly are buying real estate in hk, but i doubt they are doing so by selling gold. as hk real estate is effectively the same trade as gold. i still remember macrolla dissing hk real estate, going on about the crash to end all crashes. had i traded based on distant fears as opposed to near urgency, i would not be as happy as now. the big and planet-wide triple waterfall asset repricing has probably been put off by 7-15 years, and now we are just experiencing the strangeness of deflation of oecd real estate and inflation of everything else.

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