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Old 02-20-2009, 03:23 PM
 
523 posts, read 1,415,481 times
Reputation: 135

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Quote:
Originally Posted by evilnewbie View Post
Gold is too high to jump in right now... he isn't saying jump in gold at "any" price... but at the right price which happens to be whenever he told you to jump (and its up 30% now)... he won't be telling you to jump now cause its at a point to not jump in... I think people have to use some common sense... yes, gold is better to go into right now... but you have to do it at the RIGHT time... Peter was dead on with the right time and I guarantee you, with gold at $1k now, he is telling you NOT to jump in... you profitted already, you win if you listened to Peter... now is a good time to sell..
Actually, Peter Schiff is saying to buy gold now while it is still "cheap". Schiff thinks gold is going a lot higher. He says that the DOW / Gold ratio will reach 1:1 at some point in the future. If that happens, we could have gold as high as four or five thousand an ounce. I realize it sounds crazy, but everything is a little crazy right now.
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Old 02-20-2009, 04:30 PM
 
22,768 posts, read 30,670,896 times
Reputation: 14737
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Originally Posted by bale002 View Post
Nothing, the ruling class does it, just follow the leaders.
Who says I'm not part of the ruling class?
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Old 02-20-2009, 06:07 PM
 
48,505 posts, read 96,675,147 times
Reputation: 18304
The present governmant says we failed to protect your investment and now we are going to boorow money that you will owe to give to a selct few many of whish sated this whole thing by taking loans they copuld payback and some even sgined false inconme staerments. You expect people to trust government? look at rteh stiulus and see where much of the moey there is going. To specail interest groups ;that the politics of this.
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