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what were U oldtimers paying when silver was 4-$9/oz?
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<p>[QUOTE="Cloudsweeper99, post: 948451, member: 3011"]I still see more negative comments about gold in the business press than positive comments. There is no doubt that the brilliant money was in gold years ago. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" /> The smart money is still buying. When CNBC starts a metals investing program, Merrill Lynch reopens their commodity trading desk for individual clients, the evening news covers the lines outside of coin shops of people trying to buy gold, and someone figures out a way for the average individual to buy gold "with no money down," that will be the end.</p><p><br /></p><p>However, I don't want to overstate this. I don't think anybody should have a large percentage of investment assets in gold at $1200. It's too late for that. It's just that gold looks better right now than most stocks and bonds in light of the probability that we will soon be at war with Iran and the path of least resistance for the dollar and bonds seems to be down for the next couple of years.[/QUOTE]</p><p><br /></p>
[QUOTE="Cloudsweeper99, post: 948451, member: 3011"]I still see more negative comments about gold in the business press than positive comments. There is no doubt that the brilliant money was in gold years ago. :) The smart money is still buying. When CNBC starts a metals investing program, Merrill Lynch reopens their commodity trading desk for individual clients, the evening news covers the lines outside of coin shops of people trying to buy gold, and someone figures out a way for the average individual to buy gold "with no money down," that will be the end. However, I don't want to overstate this. I don't think anybody should have a large percentage of investment assets in gold at $1200. It's too late for that. It's just that gold looks better right now than most stocks and bonds in light of the probability that we will soon be at war with Iran and the path of least resistance for the dollar and bonds seems to be down for the next couple of years.[/QUOTE]
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