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Is anyone buying gold?

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    #11
    The idea of buying Gold is that you don't lose money, not that you make money.

    USA, UK, EU are all readying the printing presses.

    The pound in your pocket isn't worth tulip.

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      #12
      The time to start buying gold (to hold long term) will be when confidence returns to the stock market and the price starts to fall to < $375/oz or there abouts. Obviously if you can hold it until the following crash then you'll be onto a winner.
      Sval-Baard Consulting Ltd - we're not satisfied until you're not satisfied.

      Nothing says "you're a loser" more than owning a motivational signature about being a winner.

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        #13
        Originally posted by DimPrawn View Post
        The idea of buying Gold is that you don't lose money, not that you make money.
        I'd love to agree with that but these damn speculators are messing about with the gold price!

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          #14
          Originally posted by expat View Post
          I'd love to agree with that but these damn speculators are messing about with the gold price!
          I think Gold is due a correction back into the 800's but long term it makes sense with the printing presses churning out more £££££.

          http://www.telegraph.co.uk/finance/4...nk-crisis.html
          Last edited by DimPrawn; 18 February 2009, 14:16.

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