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To: upchuck
But, but, but the guy on the radio said silver was gonna double.

Reminds of 1980. Gold hits $800 per ounce. The talking heads said it was a temporary pullback and the $800 level would be eclipsed.

They were right.

Eventually.

If you lived long enough.

22 posted on 06/20/2013 10:55:20 AM PDT by cicero2k
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To: cicero2k

Reminds of 1980.
**********************
Sure gold fell after 1980/81 ,, we had Reagan and stellar economic growth , interest rates falling from 17/18% for a 30 year mortgage down to 7% ,, taxes cut , exports zooming ...

Sounds a lot like today huh?

Gold will always be a good store of wealth because it is convertible into ANY other currency,,, does anyone really care if your coins originated in South Africa or Austria or the USA ? nope .. it’s all GOLD.


26 posted on 06/20/2013 12:59:21 PM PDT by Neidermeyer (I used to be disgusted , now I try to be amused.)
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