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Gold at 1,202 high.

Started by ericho75
about 16 years ago
Posts: 1743
Member since: Feb 2009
Discussion about
Dollar continues to collapse. You might really need to consider thinking about holding out in the sideline with all that cash. Making it that much easier to BUY!!
Response by Topper
about 16 years ago
Posts: 1335
Member since: May 2008

But gold doesn't yield anything. And my Schwab money market yields 0.01%.

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Response by ericho75
about 16 years ago
Posts: 1743
Member since: Feb 2009

Yield??!?!?!?!? You want yield??????

You're worrying about the wrong things my friend.

Think "Purchasing Power".

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Response by somewhereelse
about 16 years ago
Posts: 7435
Member since: Oct 2009

> Dollar continues to collapse.

Funny, you might want to tell all the other currencies. They don't seem to believe you.

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Response by Riversider
about 16 years ago
Posts: 13572
Member since: Apr 2009

Gold will continue to go up at some point we could see it double or triple, but seems like a sucker's play to buy this minute. And interest rates will either go up or the dollar will continue to collapse, but someone smarter than me said a sure bet is dollar denominated treasuries will be a terrible investment for foreigners.

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