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Forum - Is Gold a bubble?

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JoePosted: Apr 14, 2011 - 22:38
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Level: 8
CS Original

Gold hit this new record and people are going like Gold will never go down. Some people believe that by the end of the year it will a $1600.00. What do think? What I think is sooner or later what goes up must come down.
http://www.marketwatch.com/story/gold-silver-futures-rally-to-fresh-records-2011-04-14?siteid=yhoof

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The Real RoxettePosted: Apr 14, 2011 - 23:20
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There ARE more sluts in public schools. Shut up and let me explain.

Level: 8
CS Original

God yes. Gold was very high in the early 1980s, and it went way down again. Sure it was never worthless, but that doesn't mean your "investment" in it at $1,000 will net you much of anything. Welcome to the red.

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