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Message: Re: why is US$ up and gold down ??

tau
Oct 22, 2008 02:53PM
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Oct 22, 2008 03:53PM

Cash is King and always will be unless the world is thrown into anarchy and we have to barter or pay for luxuries using gold. World economies still have a pulse. Gold may still see $1000 to 1500 an ounce but I don't see it rising above that. That is just my two cents. The cycle will begin again and no one has ever predicted exactly when in market downturns. Patience, buy good stocks because thats where the real money always has been, not in Gold or currency trading. Real estate is comparable, but stocks (equities) is where the biggest gains are made.

1
Oct 22, 2008 06:15PM
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