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<p>[QUOTE="coleguy, post: 1103588, member: 9167"]Bullion is a hedge against fear. Someone show me a single instance where gold has replaced currency for the sake of buying the basics of survival. Sure, some think they can buy now to preserve their wealth, but if you buy now with a weak dollar and sell with a strong dollar, you will lose money, as bullion falls when the dollar rises. Pretty basic stuff. The only ones you hear telling you to use bullion as security are those selling it. Snake oil salesmen have come a long way in their products, but their intentions are still the same.</p><p><br /></p><p>And think about this. If bullion was the answer, do you honestly thin there'd be any for us to buy? The ones that would buy, leaving none for the public, would be big business and governments. Not one Fortune 500 business has bought into the doom and gloom and stockpiled gold yet. And, of the world's leading economies, including the USA, China and the Eurozone, the governments can't sell gold fast enough. To me that says a lot, not only of how full of boloney gold sellers really are, but just how gullible the public is.</p><p>Guy[/QUOTE]</p><p><br /></p>
[QUOTE="coleguy, post: 1103588, member: 9167"]Bullion is a hedge against fear. Someone show me a single instance where gold has replaced currency for the sake of buying the basics of survival. Sure, some think they can buy now to preserve their wealth, but if you buy now with a weak dollar and sell with a strong dollar, you will lose money, as bullion falls when the dollar rises. Pretty basic stuff. The only ones you hear telling you to use bullion as security are those selling it. Snake oil salesmen have come a long way in their products, but their intentions are still the same. And think about this. If bullion was the answer, do you honestly thin there'd be any for us to buy? The ones that would buy, leaving none for the public, would be big business and governments. Not one Fortune 500 business has bought into the doom and gloom and stockpiled gold yet. And, of the world's leading economies, including the USA, China and the Eurozone, the governments can't sell gold fast enough. To me that says a lot, not only of how full of boloney gold sellers really are, but just how gullible the public is. Guy[/QUOTE]
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