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Elmer Phud

03/07/09 8:29 PM

#77166 RE: RobertG #77164

Everyone is still sitting on the money. When it enters the system, it should cause inflation.

Gold has gone nowhere. In fact it's gone backwards. We were told countless times that gold would go to $1000, $2000, $5000 an ounce in a financial crisis. With the world in the grips of the worst financial crisis since the great depression and on the brink of utter disaster, gold has gone nowhere. The world didn't flock to it. It didn't happen. Now you're telling to wait because it's sure to happen. I waited, it didn't happen.