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Re: HowardHughs post# 11105

Wednesday, 03/11/2009 10:00:05 AM

Wednesday, March 11, 2009 10:00:05 AM

Post# of 43753
HH, thank you for the reply. I see the reasoning behind your thoughts and the chart. We at least agree on the long term prospects. smile.... From what I read each and every day more and more peoples worldwide are seeking gold as the safe haven over currencies being inflated by almost all central banks. As the price drops demand grows, drop it more and demand grows all the more. At some price demand would overwelm supply. I don't know where that price is, but I believe it is well above what your chart is telling you. I am not a chartist altho I have used them at times on stocks. I look and research the fundamentals and do not play short term swings. We may disagree but I do appreciate your input. Anyone playing the investment field in anything is foolish to not consider the downside.

........al

I may not agree with what you say, but have fought and will continue to fight for your right to say it. USArmy 1966-1975

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