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Old 01-31-2012, 02:27 PM
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backlash Male backlash is offline
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Default China's buying a lot of gold

http://www.forbes.com/sites/gordonch...ities-of-gold/

Makes me wonder what they are up to.
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Old 01-31-2012, 03:26 PM
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Michael32170 Michael32170 is offline
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Quote:
Originally Posted by backlash View Post
http://www.forbes.com/sites/gordonch...ities-of-gold/

Makes me wonder what they are up to.
Guess what will happen to the price of gold when they stop buying. Remember, Russia was selling gold back in the 90s to pay bills, dropping the price down to below $300. That will eventually happen again from other countries.
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Old 08-17-2012, 08:24 PM
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I just started looking at investing in gold and was wondering whether it was worth it. I've been reading about all kinds of possible financial crisis we might be faced with as a nation in the near future and it got me thinking that maybe investing in gold might be a good idea.

Thoughts/advice? Thanks.
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Old 08-17-2012, 08:38 PM
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They may well be looking to control the world's standard currency, based on gold, as ours once was.
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Old 08-17-2012, 08:52 PM
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Quote:
Originally Posted by makedoandmend View Post
I just started looking at investing in gold and was wondering whether it was worth it. I've been reading about all kinds of possible financial crisis we might be faced with as a nation in the near future and it got me thinking that maybe investing in gold might be a good idea.

Thoughts/advice? Thanks.
Sorry, I should have looked at the threads below this one. Lots of good advice to be found on these boards.
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