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Deep Mines, Cheap Money »
Posted by: universal12 2 years, 6 months ago"...The supply of cheap gold looks to be nearing its end. The supply of cheap money, on the other hand, only grows greater..."
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Comments: 12
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Deidre
June 6, 2007, 5 p.m.gold mining also has a tremendous environmental cost, devastating land and wasting water resources.
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Amazing1
June 6, 2007, 9:26 p.m.The supply of cheap money only enhances the value of gold. They will continue to mine gold as long as the value of the dollar continues to decrease.
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canadianrancher57
June 6, 2007, 10:11 p.m.When I started my registered retirement savings plan the investment agent asked me to fill out a form to see what type of investor I was, it came back very conservative. Then they asked me what I wanted to put my money in, my reply was gold. The agent then informed me that gold was high risk and would go against my Investor profile, after a long debate on the merits of owning gold he caved in and I am one happy camper. Regardlss of what anyone says gold should still be the foundation of every investment strategy,this is just my opinion.
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PINTO
June 7, 2007, 10:49 a.m.My father alsways told me something since i was in my teens
"Right when a republican takes office, invest in Gold....because theyll ruin the value of the dollar so much, gold will be guarenteed to go up in price"
Never gave it much thoguht untill the past few years, seems to be true so far lol
The price of gold now compared to 2000 is a huuuuge diffence
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getreal1
June 8, 2007, 7:47 a.m.I guess my little gold ring will be worth something after all. somethings you just don't part with.
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elel
June 8, 2007, 2:49 p.m.Interesting, I was wondering why on a late nite commercial there was a very excited man encouraging people to bring in their gold for "Cash Money!"
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