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


To: carranza2 who wrote (30775)3/11/2008 4:39:54 PM
From: 8bits  Respond to of 220065
 
I would avoid it like the plague, unless you are using it as some sort of hedge, as I think gold is going vertical. Just my opinion, however.

I have about 200 ounces of gold give or take, purchased on average for $450 - $500, foolishly sold out of my Palladium less than 4 months before the big run up. I was interested in shorting the long bond as an inflation hedge but given the market for them is institutions and foreign central banks, it may not drop.