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To: Rocket Red who wrote (124458)7/21/2008 2:59:00 PM
From: Proud Deplorable  Respond to of 314050
 
thats partly right...the lower the dollar goes the higher gold goes. the only thing wrong with that argument though is gold has been rising against almost all currencies including the Euro and thats the action we want to see. You own no bullion so why do you worry about it? If you believe in paper money you're nuts

If you had bought an ounce of gold in Zimbabwe 2 years ago you would be rich beyond your imagination. You would have trillions and trillions of worthless dollars but your once of gold would be tradable in any stable currency if you needed cash, not just USD but any currency.