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<p>[QUOTE=&quot;panamagold, post: 703850, member: 20839&quot;]Well, I&#039;m not scared of losing 20% in the short run so long as I can feel confident gold will come back.&nbsp; I recently took a bath&nbsp; on the whole oil situation, I bought some oil tanker stock and it did just that, tank!&nbsp;&nbsp; I was betting on&nbsp; the Peak oil scenario, banking that China would continued&nbsp; to have an insatiable demand for oil.&nbsp; Well guess what, China pulled the rug out from under me, they just turned off their demand for oil over night, just like that!&nbsp; Oil dropped dramatically and I&#039;m left holding the bag to the tune of 50%.</p><p><br /></p><p>I&#039;ve seen mention that China is buying a pretty good amount of gold.&nbsp; Make&#039;s me wonder if they are playing the market to hurt the U.S.</p><p><br /></p><p>Anyhow, it&#039;s all about opportunity cost.&nbsp; If gold goes down a bit no biggie really, but would hate to miss a run by stocks during the same period because the market has been pretty well depressed.&nbsp; </p><p><br /></p><p>I know no one can predict the price of gold, I get that.&nbsp; I&#039;m trying to get a feel for what the real world gold demand is really like.&nbsp; Is it moving still plenty of demand at these levels, or is the price due to hoarding by those who accumulated, is there real demand?</p><p><br /></p><p>Also, basics such as liquidating are of interest to me.&nbsp; Can I expect to get spot if I need to liquidate.&nbsp; Which&nbsp; coins should I pursue are there any I should avoid...&nbsp; </p><p><br /></p><p>In the past I was into collecting silver and would go by book prices.&nbsp; I learned in the real world those inflated prices were not realistic and can&#039;t be depended on.&nbsp; I want to make sure I&#039;m not putting my money into something that can end up a big flop.&nbsp; </p><p><br /></p><p>Learning that in the recent past fractional gold didn&#039;t go for the same premium it does today was a good thing to learn.&nbsp; That people can get gold at near spot, less than 4% also was good thing to learn.</p><p><br /></p><p>I&#039;m considering buying some gold online, but from what some have posted here, it seems I should be able to get some near or at spot.&nbsp; I don&#039;t know where that can be found.</p><p><br /></p><p>Mike[/QUOTE]</p><p><br /></p>

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