ForumsWEPRPrice of Gold

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DDX
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DDX
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Nomad

many people know about the recent (is it recent? seems like ages ago, but yes it is relatively recent) downturn in the economy.

and I'll keep my points short since I know not many people have very long attention spans.
but

recently the price of gold has nearly risen to over 1100 USD per ounce.

many people are basically digging trenches in their backyard and moving their assets into gold bullion (which always holds it's value basically since it is set apart from currency)

since 5 years ago (the bush administration) it has increased 175% if that gives you an idea of the inflation (is it correct to call it inflation?)

some questions to get the discussion going
but do you guys think it is a smart idea to move assets into gold?
would you do it if you could?

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