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Registered
Join Date: Aug 2000
Location: Palm Beach, Florida, USA
Posts: 7,713
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Gold will hit $1,000 before it hits $1,700 again. There are too many factors against gold value now. Demand is low, the Fed isn't planning more quantitative easing, the trouble in Europe is driving the Dollar up, and the speculators who ran prices up are taking profits and getting out. Im not saying it will never be higher than it is now, but it is down and will go down farther. It's not where you want to park your money.
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MRM 1994 Carrera
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