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<p>[QUOTE=&quot;maksimfa, post: 530245, member: 17157&quot;]For all you gold bugs... dont get me wrong, this is not the end of 1k gold.... not by far.&nbsp; but... this time it aint happening.</p><p><br /></p><p>Gold is an inflation hedge.&nbsp; Right now, we are in a deflationary environment.&nbsp; Until the economy shows signs of recovery gold has no legs to stand on.</p><p><br /></p><p>The more i am listening to this bs (obama&#039;s address to congress), all i see is dollar signs in his eyes.&nbsp; His budget comes out soon... another 2 trillion in spending?</p><p><br /></p><p>take a look at japan.... they are in a stagnated economy.</p><p><br /></p><p>Gold going up will need these recepies....</p><p><br /></p><p>US economy, worldwide economy starting to recover,</p><p>More government spending,</p><p>weaker dollar,</p><p>higher commodities.</p><p><br /></p><p>throw it together, and you got hyperinflation.&nbsp; </p><p><br /></p><p>Gold as a fear play right here is not playing out. sorry, if there is one thing people eat up is a great speech... too bad they cant read into the underlying.[/QUOTE]</p><p><br /></p>

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