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<p>[QUOTE="satootoko, post: 73431, member: 669"]You pays you money and you takes you choice. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie8" alt=":D" unselectable="on" unselectable="on" /> </p><p><br /></p><p>If there are any licensed investment advisers on this forum, I don't know who they are, but the bottom line is that absolutely no one knows what tomorrow will bring.</p><p><br /></p><p>Maybe tomorrow someone will disclose their discovery of a new gold mine where boulder size 24 karet nuggets are lying on the surface. If so, the price of gold will drop considerably, and unless you sell today you will forever regret it.</p><p><br /></p><p>On the other hand, maybe some catatstrophe will occur tomorrow, making the "Great Depression" of the 1930s seem like the good old days. If so, the price of gold will zoom, and unless you have held on to all that you now have, you will forever regret it.</p><p><br /></p><p>More likely than either scenario, gold will follow its historical pattern of going up and down, over and over again, and any one of your three suggested courses of action would be appropriate.</p><p><br /></p><p>If there is anyone who has absolute knowledge of what gold will be selling for in U.S. dollars at any time in the future, he/she must be a time traveler, and will be too smart to spill the beans. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie11" alt=":rolleyes:" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>
[QUOTE="satootoko, post: 73431, member: 669"]You pays you money and you takes you choice. :D If there are any licensed investment advisers on this forum, I don't know who they are, but the bottom line is that absolutely no one knows what tomorrow will bring. Maybe tomorrow someone will disclose their discovery of a new gold mine where boulder size 24 karet nuggets are lying on the surface. If so, the price of gold will drop considerably, and unless you sell today you will forever regret it. On the other hand, maybe some catatstrophe will occur tomorrow, making the "Great Depression" of the 1930s seem like the good old days. If so, the price of gold will zoom, and unless you have held on to all that you now have, you will forever regret it. More likely than either scenario, gold will follow its historical pattern of going up and down, over and over again, and any one of your three suggested courses of action would be appropriate. If there is anyone who has absolute knowledge of what gold will be selling for in U.S. dollars at any time in the future, he/she must be a time traveler, and will be too smart to spill the beans. :rolleyes:[/QUOTE]
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