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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: TobagoJack who wrote (26836)	12/25/2007 10:47:35 AM
From: Rolla Coasta	Read Replies (1) \| Respond to of 220165

Financial looting - wall street has numerous instruments to lure the innocent victims to buy inflated stuff. Gold could likely be artificially inflated. Same for oil. But if interest rates goes high, more people will hold US dollar, not gold. Gold is still not the medium to do trading between countries. When there's panic, you goldbagger will love this for your profits. Sure WIN-WIN situation, but it could turn out that gold could be the stuff that actually make you feel insecure right now. It can't trade for food & for water. People will loot your gold asset if they think gold is good. Even worse, if you look straight onto the shining metal, it could make you blind. So It is very unhealthy to hold gold.