Gold & PM's: Where To From Here? Message Board

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Gold/Mining/Energy : Gold & PM's: Where To From Here?

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To: BW who wrote (11)	5/1/2014 10:21:18 AM
From: Percival 917	Read Replies (1) of 20

In all the different blogs I have been on the ones on gold and PM's in general generate the most arguments I have ever seen. Two main camps. Gold is way overvalued and will fall back to the $400's and those who see the $17.4 trillion debt with no end in sight and the Fed's QE to Infinity programs hurting the dollar and gold as the best hedge against the failing fiat currencies. I fall into the latter camp. Where is gold headed? My bet is on up. Do I want $5K an ounce gold? Not really as that means we are in a much bigger mess than anyone realizes but I think we are fools if we don't have some contingencies in place. One is to have some portion of assets in PM's. Of course the first camp totally discounts Gold price manipulation by the Goldman's and others and argues there is no difference in the paper gold markets and owning the physical metal. Those conversations always seem to deteriorate into a bunch of name calling which is what I do not want here. Want to see conversations, links to articles that can be discussed rationally without the hysteria of I'm right, no I'm right. I will post articles that I hope will stimulate conversation and look for others to do the same. Thanks for the post.

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