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Going for gold: how a 'strange' investment is now mainstream

 
Anonymous Coward
User ID: 870381
Australia
10/07/2010 04:25 AM
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Going for gold: how a 'strange' investment is now mainstream
Going for gold: how a 'strange' investment is now mainstream

[snip]
'"The number of transactions have stepped up in recent months, she said.

Advertisement: Story continues below "It just keeps getting bigger and bigger. We had to put on a new staff member this month to cope with the volume.

"Three years ago, if you said you held physical gold in your investment portfolio, people might [have thought] it's almost a bit strange.

"But now, people are holding physical precious metals in their portfolio. It's mainstream."'

[link to www.smh.com.au]
Mr Pants

User ID: 1102167
United States
10/07/2010 04:27 AM
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Re: Going for gold: how a 'strange' investment is now mainstream
Just wait till 15%-25% of people are buying gold. I believe it's around 3% now. I just hope it comes back down a bit, if only for a little while.
BaneMoran

User ID: 1117942
Australia
10/07/2010 04:29 AM
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Re: Going for gold: how a 'strange' investment is now mainstream
Its a psy op to push up the price for the Elites who already owned it since it was $10.
They lost a lot of money in stocks, and consumers now shy away from the stock market.
So they need to use something to get everyone's money.
Then when they sell, everyone goes bye bye
We're all living in Amerika! Amerika ist Wunderbar! We're all living in Amerika! Coca Cola Sometimes War!
Mr Pants

User ID: 1102167
United States
10/07/2010 04:31 AM
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Re: Going for gold: how a 'strange' investment is now mainstream
Its a psy op to push up the price for the Elites who already owned it since it was $10.
They lost a lot of money in stocks, and consumers now shy away from the stock market.
So they need to use something to get everyone's money.
Then when they sell, everyone goes bye bye
 Quoting: BaneMoran


That's when the non-retards take advantage of one of the best buying opportunities of a life time.
Anonymous Coward
User ID: 1118566
Canada
10/07/2010 07:35 AM
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Re: Going for gold: how a 'strange' investment is now mainstream
Its a psy op to push up the price for the Elites who already owned it since it was $10.
They lost a lot of money in stocks, and consumers now shy away from the stock market.
So they need to use something to get everyone's money.
Then when they sell, everyone goes bye bye
 Quoting: BaneMoran


iamwith

Though it's not just that.

I've been pointing out for a while here that both Soros and John Paulson have HUGE positions in gold.

They're also famous for one thing - getting insanely rich off of massive short trades.





GLP