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Message Subject Pacific Group Becomes Latest Hedge Fund Converting Assets to Physical Gold "Great Article a Must Read" !
Poster Handle duncog2012
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Gross has said in the past that a US downgrade would pretty much demoralize the T-bill market and everyone knows that even though companies maybe solvent and flush with cash, what good is paper if the dollar goes south after yet another US downgrade...

That leaves PM's....

I dreamt the other night that a I was reading the PM's tickers and GOLD was at a whopping $6,847...

Yeah, baby!!!!
 Quoting: 4Evergirl

If gold's at 6000, the current system is in total chaos.
 Quoting: Anonymous Coward 32715180

That is the problem. I have diversified into PM just to maintain my assets and because the market is rigged and a losing proposition for individual investors w/o inside info. Initially, I thought I could make a killing on PM. I did do well, but the point I want to make now is that they are so tightly manipulated by the Gov.(as is the market)that the only way there value will increase is when TPTB loss control over the markets and when that happens all hell will break loose. IMHObump
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