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Re: art35 post# 13104

Sunday, 01/23/2011 8:09:08 PM

Sunday, January 23, 2011 8:09:08 PM

Post# of 101798
Look guys Im not trying to start a debate or anything. You lose buying power with your money during a time of inflation. Go to the NAI website National Association of Inflation and do some DD.

http://inflation.us/videos.html


SNEY is a great gold mining stock. Im just saying that when inflation or hyperinflation hit your paper dollars no matter where they are stock account or retirement account can and probably will be worthless. Thats why its important to own physical gold. This is why the Chinese are buying all the gold they can get their hands on. This is why they are buying up gold mines. Germany has had their currency collapse 3 times. The countries that have been thru what we are heading for understand the value of gold and silver becuz that is all that grocery stores would take when they were in a time of hyperinflation.

Be diversified is all Im saying. And I will tell you that you are gonna be as happy as a pig in its own poo when gold is at $2k $3k or even $5k an ounce.
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