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Message: Interesting, from a MarketWatch columnist...

EXTRACT -

"Why Gold? 85% of Pension Funds Will Go Bust in 30 Years: Keep connecting the dots. Long term, as I’ve been saying for a long time now, I expect gold will be up 10 times or more in my lifetime,..."

http://blogs.marketwatch.com/cody/2014/04/16/apples-ios-is-playing-catch-up-to-android/

100 years ago, the price of gold was $19.00 per ounce. 50 years ago it was $35.00 per ounce. 19 and 35 dollars per ounce to a present value of about $1,300 (6,700/3,600 percent) is very much less than this guy's projection of from 1,300 to 13,000 over the next 40-50 years. So, while 10 times present value sounds unreal, it is dramatically less than we've already experienced, making him very believable. ...and there is more fiat money in the world now than ever before.

FWIW

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