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$3,000 Gold Price Forecast from Merrill Lynch/BOA
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<p>[QUOTE="-jeffB, post: 24832922, member: 27832"]Of course, I don't care so much about the price of gold "doubling" if my income also "doubles" (along with everything else, as the dollar shrinks by 50%).</p><p><br /></p><p>I won't be a bit surprised if I live to see $10000 gold. It won't be because gold has gone up five-fold in <i>value</i>, though. It'll be because the dollar has been further trivialized. (And I'll also bet we'll still be churning out one-cent coins by the billion, because That's The Way We've Always Done It will <i>always</i> trump This Makes No Sense.)[/QUOTE]</p><p><br /></p>
[QUOTE="-jeffB, post: 24832922, member: 27832"]Of course, I don't care so much about the price of gold "doubling" if my income also "doubles" (along with everything else, as the dollar shrinks by 50%). I won't be a bit surprised if I live to see $10000 gold. It won't be because gold has gone up five-fold in [I]value[/I], though. It'll be because the dollar has been further trivialized. (And I'll also bet we'll still be churning out one-cent coins by the billion, because That's The Way We've Always Done It will [I]always[/I] trump This Makes No Sense.)[/QUOTE]
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