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

To: maceng2 who wrote (66785)	10/3/2010 4:17:09 AM
From: maceng2	Respond to of 219780

Tried to edit that post but do not seem to able to do so. Will edit in reply. /edit: Maybe the gold price moves downwards will be more then 50% due to margin players speculating on the price of gold. Over accumulation will occur with the usual outcome.

To: maceng2 who wrote (66785)	10/3/2010 4:30:26 AM
From: energyplay	1 Recommendation Read Replies (2) \| Respond to of 219780

About gold going to $10,000 - lets say gold goes to $2500 in late 2011, and then stays flat until 2018 when it goes to 5000, then 2019 (ten years out) it goes to 10,000, then drops the next year to 8000. Will we be able to buy more (real estate, silver, oil, whatever) with the 2500 gold in 2011 than with the 10,000 gold in 2019 ? Not many prices have kept up with golds move this year - (Apple stock ?) but godl could slow down an other assets move far ahead, with gold playing catch up very late in the game. If we could read the future better, we might want to cash in a certain fraction on gold positions at 2500, instead of holding EVERYTHING waiting for $10,000 (And 10,000 may be the 'right' price, it could just happen much later) ***** Another view of this is there may be items, like seat on the gold exchange, which are overpriced at one time, but available, and 'correctly priced' at a different time, but none will be for sale...

To: maceng2 who wrote (66785)	10/3/2010 5:21:04 AM
From: Maurice Winn	1 Recommendation Read Replies (2) \| Respond to of 219780

You have the right idea, but you drew the wrong conclusion: <Maybe, in our lifetime, fiat currencies will be dropped as being unreliable and gold coins etc become the worlds currency by default? No involvement by government necessary as they will be powerless to stop the process. It will be world democracy in action. > It is not a dichotomy = gold or kleptocratic state-run fiat money. Both are grossly defective and not long for this world. Mqurice