What do you guys think? Its on a similar path as in the early 80s.. Anyone think it will hit the $800 mark again? if you havent already invested, now may be the time.
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Gold has an inverse relation to the strength of the USD. If gold hits $800, you'd also be looking at $100/barrel (oil being another inverse correlation).
All I can say is, if gold hits $800, you're in serious, serious shit. If you anticipate that kind of mobility you're better off investing in europe or the far east.~
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Gold is not tied to the USD in the big scheme of things.
... just look at some charts from the 70's and 80's.Comment
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Gold prices have held artificially low for several years to keep Wall Street looking good. When the manipulation stops, expect the price to rise dramatically.Comment
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Gold is Good!Comment
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Gold is a good investment this year from what I have been told.█ joesmut (a) gmail Dot com
█ Full Stack DeveloperComment
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see sig
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e-metal Weight
(oz. troy) Equiv.
grams Current Value* in
USD - US $ EUR - Euro AUD - Australian $ GBP - British Pound CAD - Canadian $ JPY - Japanese Yen CHF - Swiss Franc ATS - Aust. Schilling BEF - Belgian Franc EEK - Estonian Kroon FIM - Finnish Markka FRF - French Franc DEM - German Mark GRD - Greek Drachma IEP - Irish Pound ITL - Italian Lira LTL - Lithuan. Litas LUF - Luxem. Franc NLG - Dutch Guilder PTE - Portug. Escudo ESP - Spanish Peseta
Gold 2.496521 77.6505 995.86
i hope it goes up
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