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Re: duelittle2 post# 44136

Monday, 01/03/2011 11:26:07 PM

Monday, January 03, 2011 11:26:07 PM

Post# of 173212
All those things you mention weigh in, but also
gold prices over last 15-20 years have been driven by development of new instruments that make it easier to trade & speculate for the purchasing powers of Asia, Latin America, etc., but our inflated non-backed printing press is a facade bookstore waiting to self-ignite like you said so.....

When the dollar breaks is Gold still worth $1,300/oz.? Or was it just trying to "keep up"? Current gold value is only truly "matched to price" if the Fed. Reserves are matched appropriately & we all know how that's working out





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