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Re: jml62 post# 1527

Wednesday, 05/19/2010 3:45:12 PM

Wednesday, May 19, 2010 3:45:12 PM

Post# of 26631
Another point I might add to this discussion is how long will the Fed keep interest rates low? I know at some point they are going to be forced to raise rates, but until they do IMO gold should hold up well. I don't know if the market reacts in front of the Fed raising, but I think they will keep rates too low for too long and that's going to exaserbate the inflationary problems down the road. This is happening not just in the U.S., but all over the world.

To your point about holding gold miners. IMO most gold investors are buying gold through ETF's, physical gold, or the bigger miners.
When the gold bull rally starts in earnest the undiscovered gems like PTQ should soar once investor see what they have. JMHO
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