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

To: carranza2 who wrote (58513)12/1/2009 1:58:30 PM
From: maceng2  Read Replies (1) | Respond to of 218108
 
The UK may well be listed with the PIGS.

Oh my gosh, my UK pounds will be worthless!!! The upside is my debts will go the same way.

Where could I park my wealth where it would be safe??

This shiny gold stuff looks promising -g-



To: carranza2 who wrote (58513)12/1/2009 4:01:48 PM
From: Haim R. Branisteanu  Read Replies (1) | Respond to of 218108
 
agreed, but the last 25% move is based on excess liquidity and herd mentality not fundamentals.

A year ago when liquidity dried up gold was going nowhere - (below $800 and silver below $9) now the speculators sized in and the T&S of WS have plenty of liquidity to trap the masses in a asset that will fall in price like a stone if interest rates rise - and they will rise sooner than any one predicts - see Australia as an example


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