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Jim Grant: The Gold Standard is "going to happen"

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July 20, 2011 – Comments (4) | RELATED TICKERS: WMT , GLD

http://globaleconomicanalysis.blogspot.com/2011/07/jim-grant-on-going-forward-with-gold.html

And Wal Mart is dirt cheap right now...

4 Comments – Post Your Own

#1) On July 20, 2011 at 7:08 PM, chk999 (99.97) wrote:

What year will this happen?

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#2) On July 20, 2011 at 8:21 PM, ElCid16 (96.43) wrote:

I don't know, what year will the gold "top" happen?

I know you've already called it at least once - "sort of"...

 http://caps.fool.com/Blogs/ut-allocates-5-of-its-assets/579203

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#3) On July 20, 2011 at 11:21 PM, awallejr (81.55) wrote:

Gold standard is history, accept that reality and move on. 

As for WMT, long term I don't think you will lose money.

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#4) On July 21, 2011 at 4:39 PM, chk999 (99.97) wrote:

I don't know, what year will the gold "top" happen?

I know you've already called it at least once - "sort of"...

 http://caps.fool.com/Blogs/ut-allocates-5-of-its-assets/579203

That really was a joke. Gold won't top until the Fed decides that we have had enough inflation. Joking aside, I think the chance of a return to a PM backed currency is effectively zero.

 

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