[e-gold-list] Markets go red as contagion spreads

[Smiling Curmudgeon]

Wulirider
password: wuli

Gold has its foot in at least two camps, a store of value/real money
and as a risky commodity.   The good news is that it holds its value
over time, especially if you watch the 200 day moving average.

As for hitting it's high, if you value it in current dollars, the $800
high is actually over $2100 in current dollars. I have the chart, and
it is a good reminder of where gold has been and, I strongly believe,
in the turbulent market days ahead between now and end of month,
through the fall of this year and through the most challenging 'will
there be another 911 before the election' scenario offered by many,
gold, and silver, are safe stores for these times, even in e-gold
where with the govt types on their back.

Just reflections
Noel


-- 
Freedom always, Friends and family before all
Noël

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