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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: Mike Johnston who wrote (97175)12/12/2007 2:32:49 PM
From: bentwayRespond to of 306849
 
"You should own some gold, because one day you will want to, but will be unable to buy it."

You might have a point there. One of the things FDR did to fight the Depression was to make private gold ownership illegal.



To: Mike Johnston who wrote (97175)12/12/2007 7:24:33 PM
From: sammy™ -_-Read Replies (1) | Respond to of 306849
 
I'm not sure that a strong Chinese currency would be good for gold, as it could be strong competition. It would probably be better for gold if China were to introduce a currency that failed for one reason or another


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