Originally posted by DimPrawn
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Reply to: Gold
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Previously on "Gold"
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Originally posted by TimberWolf View PostNot to worry, the companies holding paper gold on investors behalf would have run off with it long before the government can confiscate it.
You know, they probably did ages ago. They've probably used it as a form of futures market and sold it multiple times and re-invested the income into something else.
It'll probably turn out the chavs wearing £15 Argos jewellery have more gold than most serious investors!
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Not to worry, the companies holding paper gold on investors behalf would have run off with it long before the government can confiscate it.
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Originally posted by DimPrawn View PostI trust our government not to take other peoples wealth in the name of "fairness".
Originally posted by OwlHoot View PostIf you leave it in the bank, there's every chance the Government will nationalise it
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Originally posted by DimPrawn View PostI trust our government not to take other peoples wealth in the name of "fairness".
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I trust our government not to take other peoples wealth in the name of "fairness".
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Everytime there's a bit of "good news", gold will fall.
The truth is most of the western world is ****ed. See every dip as an opportunity.
Trust me, I'm a computer programmer, I know these things.
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Gold has dipped in sterling if anyone is interested. Just bought another £10K worth, awaiting further bigger falls.
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Originally posted by DimPrawn View Post... the rising powers of Asia are shifting a chunk of their fast-growing hand-outs from western taxpayers, especialy from Britain, into gold ...
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