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To: Jack Black
The American dollar is taking a nose dive like a Stuka over London in the Battle of Britain. Gold always plays the role of the Spitfire in this scenario and the dollar pilots on a steady course to crash and burn.

The nephew says that most coin shops in the Carolinas and Georgia will not sell silver at any price this week due to volatility and gold coins are becoming scarce. When so called coin dealers refuse to buy or sell then there is no "market" for the small time buyer to get in.

Soon the ads will appear in the papers offering to buy gold and silver. This will mark the next leg up as the public becomes engaged. The trading days of Gold below $700 and Silver below $14 can be counted on two hands (if not one.)

Gold and Silver will go sky high this time as paper money goes on the strategic defensive. Like the Luftwaffe the dollar will be decimated in the coming months.

Oh well, you seen one Great Depression then you've seen them all. Those darn Asians are buying all the gold!

HG

9 posted on 04/28/2006 12:31:50 PM PDT by DebtAndDelusion
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To: DebtAndDelusion
Where do you think gold should be at? I read that at one time 1 oz of gold was valued at 23 barrels of oil, but that was still when the government fixed the price of gold.
10 posted on 04/28/2006 1:53:50 PM PDT by bjs1779
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