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Re: BullionNation post# 15889

Thursday, 01/03/2013 9:53:42 AM

Thursday, January 03, 2013 9:53:42 AM

Post# of 17231
In my laborious answers to manipulation (price fixing)and corruption (cronyism) I've tried to stay clear of what any Guru's say. It's not all wrong,the Guru's just tend to play with peoples emotions and self preservation while playing the markets . I do not subscribe to any service for picking stocks .

All what yourself and RY believe is true . There are a lot of Guru's out there who's success in the G&S arena is largely dependent on misunderstanding of investment upside or downside by investors that understand less than them. (including me) The other side of the argument is that History records Gold and Silver being the most steadfast currency the World has ever known but..... that still doesn't mean it will be currency. I think somewhere down the line G&S will likely be a partial currency collateral and with price fixing (to a degree ),likely to stay around for awhile,it seems to me well managed deposits of those metals should be invested in long term.

Corruption and manipulation exists ,it's widespread but just because it is morally wrong or ethically wrong does not mean it is illegal therefore loading up on physical metal seems dangerous from an investment stand point because that same corruption or manipulation will not go away. Laws like these are too complicated to simply enact. Congress's latest performance is evidence.
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