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Gold/Mining/Energy : YAMANA GOLD INC -- Ignore unavailable to you. Want to Upgrade?

To: rrufff who wrote (10)	1/1/2009 11:18:29 AM
From: kayco	Read Replies (1) \| Respond to of 61

Agree. This is some thing I do not understand re gold. I heard some ex-Fed member say on TV that US not that bad off re debt as gold is calculated at $45.00 oz. on US stockpile at Fed, I believe it was at Fed. But if US had to sell off gold to pay their debts then gold would get hit. On other hand if they had to start selling off their gold maybe gold would go through roof. Also if the market comes back are people not going to buy shares and pull money from gold. I don't know. No body knows. We can only deal with reality we have and I think gold shares are a stable investment at this time. I am only buying gold shares that look like bargain and have not come back 50-75% off their lows.