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Gold Price Plunges: You might as well hold stocks

Started by tfn · 11 ヶ月 ago

Gold is behaving just like the speculative commodity it is. Just like oil — whose realistic and immediate upside is $150, $200, $500, depending on who you ask and which plummeted $30 in the last two weeks — gold is hitting the skids right now: Today, gold for December delivery fell to $895.50, down $12.40. ... Continue reading »

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  • Shows how wrong you have been. Since you gave you sage advice. markets have tanked by more than the price of gold. in fact if you disregard the phony "paper comex price" which is settled in cash if delivery cannot be made, physical gold coins are still trading above 900 us and the coin dealers are always out of supply. Looks like gold is not just a commodity, but a good insurance policy. How's your stock portfolio doing Christoph? Hehehe

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