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Re: warren1 post# 55688

Thursday, 07/28/2011 11:22:08 PM

Thursday, July 28, 2011 11:22:08 PM

Post# of 118202
Theoretically, gold and gold mining stocks should go up as a result of the "looming default crisis." However, anyone who has followed this charade knows that there are more than enough monthly receipts to cover interest, social security, and other "must-pay" expenses. This entire hustle, including the contrived "deadline", which just happens to be the day before a huge birthday bash and fundraising extravaganza is planned in Chicago, is nothing but unadulterated fear-mongering -- just like TARP, the so-called stimulus, and other legislation that had to be passed to prevent Armageddon. Bottom line: stay long in gold and gold-mining stocks.

The above comment in no way constitutes a recommendation to buy or sell any securities. Any investment decisions should be undertaken only after conducting extensive due diligence.

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