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To: Rocket Red who wrote (168341)7/7/2009 8:06:20 PM
From: Claude Cormier  Read Replies (1) | Respond to of 312567
 
I know you believe that gold is only a commodity like others. I think you will be proven wrong in the coming months years.

BTW, I thunnk that BM's, oil and stocks will eventually be much higher in dollars than they have been last year. But that is a few years down the road. I think they will go down first with the current deflationary scare.

The reality is that we are having monetary inlfation. But prices are not ready to follow yet. That is why only gold will move for a while, cause it is money.



To: Rocket Red who wrote (168341)7/7/2009 8:53:26 PM
From: Land Shark  Read Replies (2) | Respond to of 312567
 
If gold were like any other commodity, then It'd be trading around 30-60% of it's peak. Meaning it would be around $300-$600 per ounce. It's held up for some reason and has gained consistently year over year.