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<p>[QUOTE=&quot;mikem2000, post: 2203690, member: 30574&quot;]Well obviously the gentlemen cannot predict the date, but from my point of view, the logic is sound.&nbsp; I realize that that there are no crystal balls and GOLD may NEVER trade in the 700&#039;s again, but maybe the best strategy would be not to buy Gold at all then. So we wait until 700-750, if it never gets there, buy something with a more attractive valuation.&nbsp; If it does get there, then boom you are in at a price point that you are much more likley to turn a profit at.&nbsp; IMO commodities should really only be bought when you believe the valuation is below fair value.[/QUOTE]</p><p><br /></p>

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