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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?


To: Real Man who wrote (2760)11/30/2007 7:58:02 PM
From: Box-By-The-Riviera™  Respond to of 71475
 
just saw that this minute elsewhere. i don't like the guy, but i like that piece for some reason.

there's some back assed sense in it.



To: Real Man who wrote (2760)11/30/2007 8:33:20 PM
From: Giordano Bruno  Read Replies (1) | Respond to of 71475
 
A move to 76 on GLD is a sell signal. - Load up.



To: Real Man who wrote (2760)12/1/2007 5:05:50 AM
From: dybdahl  Read Replies (2) | Respond to of 71475
 
Gold is good, because you can carry it around, especially as jewelery, and you can even pass borders without problems using Gold. This was true once, but today, gold's value is considered a safe place to put your money, because there is limited supply, but there is demand. However, this is true to many other things than gold.

In case of a global recession, we're not reverting to a society of small one-family farms with no big cities. Therefore, there will be continuous demand for advanced products and services, land, housing and much else, and I certainly don't consider gold a certain safe haven for money. If gold reaches $1650, we're sure that it can lose a lot of value.