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Registered
Join Date: Jun 2005
Location: Hamburg & Vancouver
Posts: 7,693
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I would be interested to hear a justification for buying gold at $1,500.- This price already seems heavily fueled by speculation.
With interest rates rising world-wide and a global economic recovery well underway "safe-haven" plays like precious metals seem pretty dicey to me.
Is this purely a USD hedge for you?
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These are my principles. If you don't like them, I have others.—Groucho Marx
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