Gold with No Drama

Quoting Zebi

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{quote} wrong about what?

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Quoting Eren10

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{quote} about the relation between Gold and War. In general Gold incorporates the worst case scenario. Like: what if that money is totally gone from the table. In current situation damage is low, however there are countries which will keep their reserves more in Gold then before the war and especially not in usa.

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Quoting Zebi

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now switchin to the bigger picture gold was mired in that 20 year range at the lows post the hunt brothers attempted cornering of the silver market in 1980 so gold went up not so much of bushs war but because it diidnt have much more to fall and bulls used the inflation of the "war" as an excuse to push up gold LOL read up on news reports from that time how everyone was scared of of a repeat of 1970's inflation anyways ill keep shorting gold till it bottoms out and ranges in the 3300 dollar area even if another war starts since this bull market...

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Quoting Zebi

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price may bounce to this level next few days and ill short from there {image}

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