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In reply to the discussion: 90% stock market crash highly likely this year [View all]quaker bill
(8,224 posts)20. Gold is quite inflated
I don't imagine that you will believe me, just remember I told you when the price corrects. I think the floor is somewhere near $800 to $900 per ozt. It could oversell for a bit and dip briefly lower. As a jeweler I know it is hard to make a gold bubble, but we have one. The moment folks realize the economy will recover and the currencies have not collapsed there will be alot of selling.
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People who had lost their jobs appreciated having some place to sell their gold jewelry. n/t
Sekhmets Daughter
Jan 2013
#28
Wait!.... it's a safe bet the market WILL crash. It always does. When is the only question. nt
Bigmack
Jan 2013
#8
Pat Robertson predicted a collapse would happen in 1993, and his charts are from God...
JHB
Jan 2013
#10
Wiedemer orginally said "starting before 2013"; I guess that didn't work out
muriel_volestrangler
Jan 2013
#18