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Gold/Mining/Energy : Gold & Gold Stock Analysis

GLD 374.33

+0.7%

Nov 18 4:00 PM EST

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To: bull_dozer who wrote (22932)	12/2/2010 2:06:23 AM
From: GST	11 Recommendations Read Replies (4) of 29622

The depth of ignorance about gold is evident every time you read about how gold is in a 'bubble' that will burst because we are in a period of deleveraging -- tell that to the Chinese whose economy have been glowing white hot. Tell that to the people of India. Tell that to the world's central banks who find themselves holding worthless paper. Tell that to investors who watch with astonished disbelief as the central bankers adds zeroes to their paper currencies to create 'liquidity'. What is going thud are the paper (should I say electronic?) currencies of sovereign states whose attempts to bail out the global 'banking system' have created conditions that no well-informed person can consider consistent with the role of these currencies as a 'store of wealth'. Tell this to the idiots who post BS about deleveraging and gold bubbles -- gold is a store of value and its role as a store of value is soaring as one currency after another fails to even pretend to play this role.

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