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Message: Is gold your answer? Not so - Roubini

Re: Is gold your answer? Not so - Roubini

posted on Oct 23, 2009 09:58PM

The Biggest reason gold will go up is a currency crisis, which by all signs in the markets is brewing. It may take time but when confidence is lost in paper currencies, people, very rich people, will protect themselves. They will buy gold and silver! The inflation-deflation debate is fine. Its Government, coporate, financial industry and personal budget mismanagement that is causing this crisis. Greed, immediate gradification, arrogance and lack of self discipline across the entire spectrum of finances is the cause.

I dont care if its a deflationary or inflationary strom we are facing, I am protecting myself and my family from either with GOLD AND SILVER AND TYHEE!

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