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Gold Bugs Are Tea Party Supporters And People Who Are Underwater On Their Homes
TBI ^ | 3-26-2013 | Mamta Badkar

Posted on 03/26/2013 2:13:42 PM PDT by blam

Edited on 03/26/2013 2:55:10 PM PDT by Admin Moderator. [history]

CNBCs latest All-America Economic Survey of 800 Americans, showed that gold is the most preferred asset class among investors.

35 percent think gold is the best investment as of March 2013, down from 37 percent last year. Real estate and stocks came in second and third respectively.

But CNBC broke the data down further to see who the gold bugs are.

This showed that those with underwater homes (when homeowners owe more on their mortgages than their home is worth), those with a high school education or less, those with under $50,000 invested, and the white working class were at about 40 percent.

Tea party supporters were at 45 percent, and those who expect home values to decrease further were at 50 percent.

Watch the video at CNBC


TOPICS: News/Current Events
KEYWORDS: commodities; gold; goldbugs; investing; silver; teaparty
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To: M-cubed

Sadly, we are. I had to sink my boat as well. *SMIRK*


21 posted on 03/26/2013 7:09:08 PM PDT by Diana in Wisconsin (I don't have 'Hobbies.' I'm developing a robust Post-Apocalyptic skill set...)
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To: jiggyboy; PA Engineer; blam; TigerLikesRooster; Cheap_Hessian; CJinVA; Jet Jaguar; ...

Goldbug ping.


22 posted on 03/27/2013 9:43:18 AM PDT by Jet Jaguar
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To: blam

I was ridiculed for years when I was on a retirement fund committee for telling them them there was going to be a gold and sivler bull run. After awhile they stared at me when I would talk metals. Of course, whenever there was a dip they would gleefully point it out to me.


23 posted on 03/27/2013 9:54:28 AM PDT by Rusty0604
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To: Diana in Wisconsin
I’ve just started to notice that those of us that invest in hard assets (land, G & S, ammo, canned goods, paid of vehicles and homes, generators) are clearly now Enemies of the State.

It was made obvious with the 'bitter clinger' comment and has been going full force ever since.

They think their nasty diatribe will somehow subdue us. Little do they know they are just firming our resolve.
24 posted on 03/27/2013 10:04:11 AM PDT by yorkiemom
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To: blam
Best investment advice I ever got!

You can can always trust the 5-G's ...


25 posted on 03/27/2013 10:39:40 AM PDT by Zakeet (4 out of 3 people have trouble with fractions)
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To: Diana in Wisconsin

God guns guts....and canned food...... and many fresh veg from your (99%) organic garden. we will soldier on through the coming dark ages. But I have more fruit trees planted than you do.


26 posted on 03/27/2013 2:23:30 PM PDT by dennisw (too much of a good thing is a bad thingGive them --- Joe Pine)
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To: Diana in Wisconsin

Dang!!!!!! My PMs also went into the incalculable deep when my bass boat tipped over which I thought they could not do until that horrendous day in June 2009...still gives me nightmares!


27 posted on 03/27/2013 2:27:29 PM PDT by dennisw (too much of a good thing is a bad thingGive them --- Joe Pine)
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