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The Gold that glitters...

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On 8/25/2024 at 10:41 AM, Etaoin Shrdlu said:

 

And when your doctor tells you that you're getting too old for so much wine, women and song, give up singing!

It could be worse: When your Doctor tells you that "singing" is the only thing allowed anymore.

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  • maesariang
    maesariang

    Gold is a rubbish investment

  • That's what they said in the summer of 2000. Gold costing 260 US $ per Oz.

  • Gold is not an investment. It's a currency hedge, which increases in value as governments print more money.   I have never lost money buying and selling gold. All one has to do is wait.

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1 minute ago, swissie said:

It could be worse: When your Doctor tells you that "singing" is the only thing allowed anymore.

 

Get a second opinion!

 

On 8/28/2024 at 9:32 PM, swissie said:

"Naked short selling" is common on all futures exchange products. The short sellers are the future buyers, as they will (sooner or later) have to buy back their "shorts". Therefore, only short term effects resulting from this practice.

 

 

LOL, wrong.
If the effects were short term, gold wouldn't be so grossly undervalued.

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