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<p>[QUOTE=&quot;Rono, post: 4213964, member: 6492&quot;]Howdy folks,</p><p><br /></p><p>A couple of things about the POG.&nbsp; It&#039;s a LOT of issues driving demand.&nbsp; Prior to the coronavirus, gold was already at record highs in every other currency on the planet.&nbsp; Just not the dollar.&nbsp;&nbsp; The trade war was really starting to impact the global economy and the stock market was way overbought, a least in part due to such incredibly low interest rates [read:&nbsp; there is no other option for investors than equities].&nbsp; And please don&#039;t discount the demand generated by the &#039;survivalists&#039;.&nbsp; Please don&#039;t think that I&#039;m mocking them but at this particular point in political history, there are some very, very polarized folks running around on both sides.&nbsp; Oh, and now we have a pandemic.&nbsp; </p><p><br /></p><p>Hate predictions and won&#039;t, but the downside risk is so enormous you really must guard against that event.&nbsp; </p><p><br /></p><p>Best advice I ever read was from the Elder Baron Rothschild - to survive economic turmoil, you need 1/3 of your Assets in securities, 1/3 in real estate and 1/3 in rare art.&nbsp; For the latter you can sub a lot of things but it ain&#039;t Beanie Babies.&nbsp; Most of us would sub coins and bullion.&nbsp; </p><p><br /></p><p>Buckle up boys and girls, I think it&#039;s going to be a rough ride to the election.</p><p><br /></p><p>and so it goes,</p><p><br /></p><p>peace,</p><p><br /></p><p>rono[/QUOTE]</p><p><br /></p>

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