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Reply #20: Historically, India has always bought gold close to the top. [View All]

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girl gone mad Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Nov-05-09 02:21 PM
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20. Historically, India has always bought gold close to the top.
I wouldn't base my decisions on their actions.
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  -Start dumping your dollars for gold, IMHO. roamer65  Nov-03-09 10:18 PM   #0 
  - I have been telling my son that for a couple of years...but he does not listen to his Mom...  BrklynLiberal   Nov-03-09 10:20 PM   #1 
  - I cannot wait for the  Why Syzygy   Nov-03-09 10:20 PM   #2 
  - the time to really buy gold was 1998  paulsby   Nov-03-09 10:23 PM   #3 
  - IMO, there is much more upside on gold.  roamer65   Nov-03-09 10:27 PM   #6 
  - there very well may be  paulsby   Nov-03-09 11:56 PM   #10 
  - Remember the silver bubble back in the 70's people  doc03   Nov-03-09 11:16 PM   #8 
  - oh yes  paulsby   Nov-03-09 11:55 PM   #9 
  - When gold was $250, it was a "barbarous relic"  Art_from_Ark   Nov-10-09 01:27 AM   #23 
  - It is too late to get into gold. It is at record highs right now.  Hoopla Phil   Nov-03-09 10:26 PM   #4 
  - It is too late for the average person. but if you think this is where it stops, you're wrong.  TheWatcher   Nov-04-09 05:07 PM   #13 
  - As Rogers pointed out, inflation adjusted gold would have to be over 2000 to be at record highs  jakeXT   Nov-11-09 01:17 PM   #33 
  - If I had a gold coin every time someone told me to "buy gold right now"...  ck4829   Nov-03-09 10:27 PM   #5 
  - If you had done that when it was $200-300 you wouldn't be pooh-poohing it so much probably.  TheWatcher   Nov-04-09 05:08 PM   #14 
  - Gold is cheap and heading MUCH higher.  the other one   Nov-03-09 10:57 PM   #7 
  - Gold is the only thing that has value in a failed economy.  Xenotime   Nov-04-09 01:22 PM   #11 
  - Why do people keep mistaking "the economy" for reality?  eridani   Nov-05-09 05:28 AM   #17 
     - Gold has never been worth zero. Because of that, you can get the stuff you need.  Xenotime   Nov-05-09 01:56 PM   #19 
        - I'd like ten pounds of tomatoes. Can you change this gold bar for me?  eridani   Nov-06-09 03:16 AM   #21 
        - Gold has been viewed as worthless, even movies comment in this  happyslug   Nov-09-09 05:22 PM   #22 
           - So how are you going to own food?  Art_from_Ark   Nov-10-09 01:50 AM   #25 
           - Casablanca was a movie-- fiction-- not reality  Art_from_Ark   Nov-10-09 02:06 AM   #26 
           - If you read further on I mentioned the Ghettos of WWII  happyslug   Nov-10-09 03:02 PM   #30 
              - There are some reasons why I did not mention ghettos in my first post  Art_from_Ark   Nov-10-09 11:37 PM   #32 
           - +1  davidwparker   Nov-14-09 06:01 PM   #43 
  - love gold, but  diamidue   Nov-04-09 04:10 PM   #12 
  - Indeed. That is actually pretty good advice.  TheWatcher   Nov-04-09 05:10 PM   #15 
     - I distrust anything I can't posses and hold. Traded paper is for the toilet, imho.  upi402   Nov-10-09 10:32 AM   #27 
  - BS bubble hucksterism.  Odin2005   Nov-04-09 11:09 PM   #16 
  - Actually that's what your Hero Helo Ben and Geithner shove at The Public on a consitent basis.  TheWatcher   Nov-12-09 04:20 AM   #36 
  - Gold has roared way past dollar devaluation.  Statistical   Nov-05-09 09:49 AM   #18 
  - Historically, India has always bought gold close to the top.  girl gone mad   Nov-05-09 02:21 PM   #20 
  - Any data to back those assumptions?  Art_from_Ark   Nov-10-09 01:33 AM   #24 
  - Anecdote: Asian people tend to buy gold for personal reasons  upi402   Nov-10-09 10:40 AM   #28 
  - Silver's good, too.  SlowDownFast   Nov-10-09 12:31 PM   #29 
  - This is the best investment advice ever. Buy at an all time high.  A HERETIC I AM   Nov-10-09 08:58 PM   #31 
  - Reminds me of Gordon Brown  jakeXT   Nov-11-09 05:28 PM   #34 
  - Can't believe anyone would divest that much of any asset in single sale.  Statistical   Nov-11-09 09:45 PM   #35 
  - Don't buy at all-time highs  Art_from_Ark   Nov-17-09 10:32 PM   #46 
  - When you made your comment, gold was at $1100/ounce  Art_from_Ark   Nov-23-09 09:52 PM   #47 
     - Have at it there, Art.  A HERETIC I AM   Nov-23-09 10:59 PM   #48 
        - Personally, I don't feel comfortable buying gold at this level  Art_from_Ark   Nov-23-09 11:27 PM   #49 
  - I don't really understand the value in gold.  cbdo2007   Nov-12-09 11:43 AM   #37 
  - Gold, more than any other currency instrument,  Art_from_Ark   Nov-13-09 02:06 AM   #38 
     - Thank you for your response. I understand why gold is important  cbdo2007   Nov-13-09 12:53 PM   #39 
     - Other risks are taxation or confiscation of gold  jakeXT   Nov-13-09 02:12 PM   #41 
     - In SE Asia and China, regions that have a constant history of tumult...  clixtox   Nov-16-09 05:37 AM   #44 
  - There are some real disadvantages to gold  Warpy   Nov-13-09 01:22 PM   #40 
  - Thief magnets  Art_from_Ark   Nov-17-09 10:19 PM   #45 
  - If you sell your gold, sell in Euros...  EmeraldCityGrl   Nov-14-09 02:06 AM   #42 

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