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catoismymotor (< 20)

$6.5 Billion In Gold Trickles Into Circulation.

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9

March 22, 2011 – Comments (7) | RELATED TICKERS: PMNA , CEF , GLD

You may be surprised to learn the circumstances.

7 Comments – Post Your Own

#1) On March 22, 2011 at 3:17 PM, ChrisGraley (29.88) wrote:

The political turbulence in the Middle East -- besides boosting the price of gold to a record $1,444 a troy ounce -- has highlighted the property that has for centuries made gold so appealing to criminals, investors and dictators alike: it does not rely on a government for its value.

Can I get an Amen!

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#2) On March 22, 2011 at 3:38 PM, PeteysTired (< 20) wrote:

So thats how wars are funded...hmmm

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#3) On March 22, 2011 at 3:38 PM, PeteysTired (< 20) wrote:

So thats how wars are funded...hmmm

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#4) On March 22, 2011 at 3:45 PM, PeteysTired (< 20) wrote:

I apologize for the double post.

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#5) On March 22, 2011 at 3:55 PM, catoismymotor (< 20) wrote:

Chris,

Amen! and pass the smelter.

They forgot to say that gold is also very blingy.

 

PT,

No worries.

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#6) On March 22, 2011 at 4:51 PM, leohaas (32.36) wrote:

See, gold is money after all...

...for a collpsed society!

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#7) On March 22, 2011 at 5:19 PM, EnigmaDude (84.94) wrote:

So criminals, investors, and dictators apparently have at least one thing in common - they are all attracted to shiny objects!

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