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22/06/21
11:16
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Originally posted by Skol:
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I look forward to every day as well, life's a breeze when you're financially independent and unemployed. I'm building a new house, so I'm pretty busy, but I can always spare a few minutes each for my 'mates' on the gold forum while I'm checking out how my latest bet's going. Goldbugs love me being here, besides, I've been right, has that ever occurred too you? I've said for years gold's a lousy bet and it sure is. Rising interest rates mean stock markets and property are where it's at, not gold. Property has already been a star performer, house prices have been 'mooning' in goldbug parlance, so much so where I live the government has been trying to jawbone down the prices and tax new residential property investors. All to no avail I might add. To be honest I can't think of a single reason to own gold, but if you can think of one let me know, I'll be here, ready to listen.
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"Rising interest rates mean stock markets and property are where it's at. " Why don't you give up? Your logic is hopeless. If interest rate rise the last place you should be is the inflated stock and property markets. What was you call on gold US$1,000 and you should have left this forum years ago?