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Watch what gold did during the Depression


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#1 srobertlund

srobertlund

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Posted 20 November 2008 - 04:51 PM

It like silver deflated like all comodities for a period.

It''s my recomendation to buy this in all forms all the way down. Bullion or ETF''s first then Miner''s last.

Faith will be lost in the dollar within three years.

Adjusted for inflation if gold was to reach 1980 level''s Gold = $2112
Silver = $124

FYI this is way worse than the eighties. Once the lagging inflation kicks in you''ll either wish you had Gold, Silver, Tuna fish, or a gun to shoot yourself with.

Silver''s better. It''s what the founding fathers defined as a dollar. I feel patriotic buying it. And the governments less likely to confiscate it.




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